623 Mound Park Way S, Saint Petersburg, FL 33701
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: kalib koons
Office: koons real estate inc
MLS#:TB8551289
Source:MFRMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$423.2
About this home
Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location
Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district.
All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units.
The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside.
This is a turnkey triplex in one of Florida's most desirable downtowns, a strong addition to any portfolio....
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Home facts
- Year built:1921
- Subdivision & Development:NICHOLSONS J W SUB
- Listing ID #:TB8551289
- Added:2 day(s) ago
- Updated:September 25, 2026 at 12:07 PM
Rooms and interior
- Living area:1,510 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s)
- Heating:Ductless
Structure and exterior
- Roof:Shingle
- Year built:1921
- Building area:1,510 sq. ft.
- Lot area:0.04 Acres
- Construction Materials:Frame
- Exterior Features:Lighting
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$423.2
- Tax amount:$7,890 (2025)
Features and amenities
- Amenities:Cable Available
- Pool features:Public Pool
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