Property Description
Incredible Investment Opportunity in the Heart of St. Petersburg! This fully upgraded income-producing property offers the perfect blend of modern comfort and unbeatable location. Renovated top-to-bottom in 2022, the main house features 3 spacious bedrooms, 2.5 luxurious baths, and an attached garage—all with a bright, open floor plan. Upgrades include new electrical, new kitchen, new bathrooms, new flooring, new windows, and new appliances. Plus, enjoy peace of mind with a 2021 A/C and 2020 roof—truly nothing has been overlooked! On the same property, you’ll find a second fully updated building offering two separate units. The lower unit includes 1 bedroom and 1 bath, while the upper unit offers 2 bedrooms and 1 bath. Both units have private entrances, individual mailboxes, and share a convenient laundry room. Located just minutes from the St. Pete Pier, vibrant downtown shopping, and top-rated restaurants, this property is ideal for investors or those seeking multi-generational living. With ample parking, no HOA, and no flood zone, this one checks all the boxes! Currently all units are leased, 1/1 and 2/1 are both month to month leases and the 3/2/1 is leased until Jan 31/26.
Features
: Central
: Central Air
: Private Mailbox, Sidewalk
: Ceiling Fans(s), High Ceilings
: Inside
: Public Sewer
: Electricity Connected, Sewer Connected, Water Connected
Address Map
US
FL
Pinellas
St Petersburg
FOREMANS SUB
33705
MELROSE
1316
AVENUE
Travel south on 16th St S, turn left on 13th Ave South, turn right on 13th St S, turn right on Melrose Ave, house is on the left.
33705 - St Pete
S
Neighborhood
Campbell Park Elementary-PN
Gibbs High-PN
John Hopkins Middle-PN
Additional Information
52x117
: Public
https://www.propertypanorama.com/instaview/stellar/W7874148
649900
2025-04-23
3
1
: Block
: Block, Stucco
1
Financial
7373.77
Listing Information
266016015
260033405
Cash,Conventional
Active
2025-05-10T16:39:09Z
Stellar
: None
2025-04-23T19:50:55Z

Residential Income For Sale

1316 Melrose Ave S, St Petersburg, Florida 33705

3 Bedrooms
2 Bathrooms
2,407
$625,000
Listing ID #W7874148
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : W7874148
Price : $625,000
Bedrooms : 3
Bathrooms : 2
Square Footage : 2,407
Year Built : 1939
Lot Area : 0.14 Acre
Property Sub Type : Triplex
Roof : Shingle, Membrane
Agent info
Contact Agent

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