Property Description
PRICE IMPROVEMENT! 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
W83° 20' 51.2''
N27° 45' 25.3''
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
625000
2025-04-23
3
1
: Block
: Block, Stucco
1
Financial
7373.77
Listing Information
266016015
260033405
Cash,Conventional
Canceled
2025-08-05T12:17:08Z
Stellar
: None
2025-08-05T12:15:24Z

Residential Income For Sale

1316 Melrose Ave S, St Petersburg, Florida 33705

3 Bedrooms
2 Bathrooms
2,407 Sqft
$599,000
Listing ID #W7874148
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : W7874148
Price : $599,000
Bedrooms : 3
Bathrooms : 2
Square Footage : 2,407 Sqft
Year Built : 1939
Lot Area : 0.14 Acre
Property Sub Type : Triplex
Roof : Shingle, Membrane
Agent info
Contact Agent

Scroll to Top