Sarasota's Premier Homes

623 MOUND PARK WAY S

ST PETERSBURG, FL 33701

MLS#: TB8551289

$799,000

Status: Active
Listing number: TB8551289
Listing provided by: KOONS REAL ESTATE INC
Listing agent phone: None
Last update: 25 days ago
On site: 26 days ago
Browse Properties
NICHOLSONS J W SUB - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1921

Sq.Footage

1,510

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Ductless

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Frame

  • Other Exterior Features

    Lighting

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.04

  • Lot Size(square feet)

    1,625

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $799,000

  • Tax Amount

    $7,889.91

  • Sq. Footage

    1,510

  • Price/SqFt

    $529

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Other

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    7

  • Water Source

    Public

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Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Kalib Koons, KOONS REAL ESTATE INC

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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.

623 MOUND PARK WAY S

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