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+17279025063
Von Tiki Realty
3353 4th Avenue S, St Petersburg, FL 33711
- $1,925,000
- 10
- BD
- 9
- BA
- 5,690
- SqFt
- List Price
- $1,925,000
- Status
- Active
- Days on Market
- 0
- MLS#
- O6454497
- Property Style
- Triplex
- New Construction
- Yes
- Year Built
- 2025
- Bedrooms
- 10
- Bathrooms
- 9
- Living Area
- 5,690
- Lot Size
- 8,838
- Acres
- 0.20
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Roosevelt Park Add
- MLS Area Major
- St Pete/Gulfport
Property Description
BRAND NEW CONSTRUCTION, FULLY LEASED, WITH AN OWNER-USER OPTION. Built in 2025, this concrete block corner property at 34th St S (US 19) and 4th Ave S offers 3 residences on one fee simple parcel: two 3BR/2.5BA townhomes (3365 and 3367 4th Ave S) and a detached 4BR/2.5BA single family home (3353 4th Ave S). Above each residence's garage is a separately leased Garage Suite with a private exterior entry, full bath, laundry and its own HVAC, producing 6 income streams and $182,892 of scheduled annual rent at 100% occupancy. LIVE IN ONE, LEASE THE REST: the 4BR detached home lease expires 12/31/2026, so an owner-occupant can move in and keep 5 income streams (about $139,000 per year) in place, and the 3 living units of record fit 2-4 unit residential financing. Investors and 1031 exchange buyers step into first generation roofs, HVAC, water heaters, appliances and finishes with no capital plan: quartz counters, shaker cabinetry, stainless appliances, luxury vinyl plank flooring, marble-look porcelain baths and dark matte fixtures. Leases are staggered into 2027 with 3 market rate and 3 housing authority assisted leases, and every lease carries a utility allowance that offsets owner-paid electric and water. In-place rents sit below new construction comparables nearby, leaving upside at renewal. Flood Zone X and non-evacuation zone, CCS-1 corridor zoning with mixed use optionality, 3 garages plus a paved rear parking court off the alley, and no HOA. Less than half a mile to Central Avenue, the Grand Central District and the SunRunner rapid transit line, with quick access to the Warehouse Arts District, Downtown St. Petersburg, the Tropicana Field / Historic Gas Plant redevelopment and the Gulf beaches. Greystar's 325-unit The Henry is delivering 3 blocks north. The nearly identical adjacent parcel is available from a separate owner by separate negotiation. County records 3 living units; buyer to verify the permitting and use status of the Garage Suites. Showings by appointment only with 48 hours notice; please do not disturb tenants.
Additional Information
- Taxes
- $21874
- Annual Gross Income
- 182892
- Location
- Corner Lot, City Limits, Landscaped, Level, Near Public Transit, Sidewalk, Paved
- Community Features
- Sidewalks, No Deed Restriction
- Property Description
- Two Story, Attached
- Zoning
- CCS-1
- Interior Layout
- Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Interior Features
- Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
- Floor
- Luxury Vinyl, Tile
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Exterior Features
- Lighting, Private Entrance, Sidewalk
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 3 Car Garage
- Garage Spaces
- 3
- Garage Features
- Garage Faces Rear, Off Street, Open
- Flood Zone Code
- X
- Parcel ID
- 23-31-16-76590-004-0100
- Legal Description
- ROOSEVELT PARK ADD BLK 4, LOT 10 LESS W 20FT AND ALL OF LOTS 11 & 12
Listing courtesy of COMPASS FLORIDA LLC. 407-203-9441
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