512 88th Avenue N, Saint Petersburg, FL 33702
Local realty services provided by:Better Homes and Gardens Real Estate Lifestyles Realty
512 88th Avenue N,St Petersburg, FL 33702
$399,000
- 4 Beds
- 3 Baths
- 816 sq. ft.
- Multi-family
- Active
Listed by: matthew brye
Office: people's choice realty svc llc.
MLS#:TB8559506
Source:MFRMLS
Price summary
- Price:$399,000
- Price per sq. ft.:$488.97
About this home
Great investment opportunity in St. Petersburg with existing rental income and excellent expansion potential! This property features two separate 1-bedroom, 1-bathroom units, **both currently tenant-occupied and generating rental income**, along with a detached 2-car garage that has been rented separately for storage, providing an additional income stream. A major highlight of this property is the **City of St. Petersburg-approved building plans and permit for a third residential unit!** The planned addition consists of a 2-bedroom, 1-bathroom unit above the existing detached garage, while preserving the 2-car garage below for continued use or potential rental income.
The approved building plans and permit convey with the sale, saving the new owner the considerable expense of having plans prepared and the time involved in obtaining city approvals and permits. This provides a significant head start for an investor looking to maximize the property's income potential. With two existing income-producing units, the opportunity to add a third residential rental unit, and additional garage rental income, this property offers excellent potential for increased cash flow and long-term investment value!...
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Home facts
- Year built:1958
- Subdivision & Development:KELLY JOHN ALEX-BRUCE SUB
- Listing ID #:TB8559506
- Added:14 day(s) ago
- Updated:November 05, 2026 at 09:36 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Basement Description:Crawlspace
- Living area:816 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1958
- Building area:816 sq. ft.
- Lot area:0.15 Acres
- Construction Materials:Asbestos
- Exterior Features:Fence
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$488.97
- Tax amount:$3,824 (2025)
Features and amenities
- Amenities:Open Floorplan
- Pool features:Public Pool
Parking
- Garage:Yes
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