521 88th Avenue N, Saint Petersburg, FL 33702

$379,000
  • 521 88th Avenue N, Saint Petersburg, FL 33702 Main Photo

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Active
BEDS4 BATHS SQUARE FEET1,352 MLS#TB8468833
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONKELLY JOHN ALEX-BRUCE

Property Description

Back on the market and fully refreshed, this solid concrete block duplex offers a compelling opportunity in the heart of St. Petersburg. Tucked on a quiet residential street just minutes from downtown, waterfront parks, shopping, dining, and the Gulf beaches, 521 88th Ave N combines location, durability, and income potential.Built in 1973, the property features two separate 2-bedroom, 1-bath units, each offering central heat and air, private storage rooms with washer/dryer hookups, and separately metered electric and water, allowing tenants to pay their own utilities. The rear unit benefits from private alley access and dedicated parking, adding flexibility and tenant appeal.The property has undergone top-to-bottom renovations completed in early 2025, including brand-new windows throughout and a newer roof installed in 2017, minimizing near-term capital expenses and positioning the property for strong rental performance. Thoughtful updates enhance both functionality and long-term durability while maintaining the solid concrete block construction investors value.Ideally located near downtown St. Pete's vibrant restaurant scene, arts and cultural districts, waterfront parks, and with easy access to both St. Pete-Clearwater and Tampa International Airports, this duplex offers exceptional convenience for tenants and owners alike.Whether you're expanding your investment portfolio, seeking a live-in-one/rent-the-other opportunity, or capitalizing on Tampa Bay's continued growth, 521 88th Ave N delivers flexibility, strong rental potential, and an exceptional location.Additionally, the current owner may consider selling another nearby duplex in Pinellas Park, presenting a potential opportunity for a savvy investor seeking a small portfolio acquisition.Easy to show - schedule your private tour today.

521 88th Avenue N | MLS# TB8468833

This multi-family property located at 521 88th Avenue N, Saint Petersburg, FL 33702 is currently listed for sale with an asking price of $379,000. Search Saint Petersburg real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.15 Acres
Roof Type: Shingle
Taxes: $4,385
Year Built: 1973

Amenities

Living Room/Dining Room Combo
Thermostat
Awning(s)
Fence
Permeable Paving

Feature Descriptions

Annual Net Income: 30000.00
Community Features: Street Lights
Days on Site: 60
Directions: From 4th St N and 87th Ave N: West on 87th Ave, right on 5th Ave N, left on 88th Ave N. Home is on the right.
Exterior: Block
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Owner Financing
Lot Dimensions: 0.15
Other Equipment: Permeable Paving
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Combination Lock Box, ShowingTime
Special Sale Provisions: None
Units: 2
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No

Listed By / Shown By

Listed By

Agency Name: SERHANT
Agency Contact: Helloflorida@serhant.com

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-632-9452

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Estimated Payment

$ 1,319.45 per month $843.49 Principal & Interest $365.42 Property Tax $110.54 Homeowner's Insurance

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