$950,000 for Sale
1615 28th avenue , st petersburg, FL 33713
Beds 4 | Baths 4 | 1,972 Sqft | 0.15 Acres |
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Property Description
Offered Below Recent Appraisal - Turnkey and ready for immediate potential income production. Set along a charming stretch of St. Petersburg’s signature red brick roads, this turnkey multifamily compound offers an exceptional opportunity for investors seeking a fully operational, potentially income-producing property with enduring value. From the moment you arrive, you know how special these are—each residence offering its distinct vibe, thoughtfully curated for comfort and character. Configured for short-term (30-day minimum) and long-term rental use, the property features four one-bedroom, one-bath residences, each with a flexible bonus room and individual utility metering. Every home comes fully outfitted with kitchen essentials, fresh linens and contemporary furnishings, making each unit move-in ready for immediate occupancy. Behind the scenes, extensive infrastructure updates provide seamless ownership. All five structures feature new roofs (2022), with additional enhancements including new siding, new windows, new doors, new plumbing, and new electrical and HVAC systems. Interiors are appointed with granite countertops, luxury vinyl plank flooring and modern cabinetry, combining durability with stylish functionality. A detached two-car garage has been transformed into a shared lounge or optional on-site manager’s quarters. A separate commercial-grade laundry facility includes new coin-operated appliances, offering added convenience and supplemental income. At the center of the property, a vibrant communal courtyard wrapped in café lighting, tropical landscaping and bistro-style seating creates a boutique hospitality setting that encourages gathering and connection. Artistic flourishes, including hand-painted tropical murals in select units, contribute unique visual identity and charm. Centrally located just minutes from downtown St. Petersburg, Crescent Lake, The Pier and Gulf beaches—with direct access to Interstate 275 and just 20 minutes from Tampa International Airport—this property is ideally positioned to attract the potential of consistent rental demand. A polished, personality-driven asset in a prime corridor, this is a rare opportunity to own a fully stabilized and visually distinct investment in one of the city’s desirable neighborhoods.
General Information
Sale Price: $950,000
Price/SqFt: $482
Status: Active
MLS#: TB8389218
City: st petersburg
Post Office: st petersburg
Schools: st. petersburg high-pn
County: Pinellas
Subdivision: pine city sub rep
Acres: 0.15
Lot Dimensions: 47 x 134
Bedrooms:4
Bathrooms:4
House Size: 1,972 sq.ft.
Acreage: 0.15 est.
Year Built: 1925
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Brick
Construction: Vinyl Siding
Exterior Misc: Fenced, Garden, Hurricane Shutters, Outdoor Grill, Sidewalk
Basement: No
Foundation : Block
Appliances: Convection Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Other, Refrigerator, Tankless Water Heater, Washer
Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Electric, Space Heater, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $9,181
Legal Description: PINE CITY SUB REPLAT BLK 6, LOT 13

Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Aimee Smith of PREMIER SOTHEBY'S INTL REALTY, Phone: 727-595-1604