Property Description
A stabilized PadSplit co-living property in St. Petersburg’s 33705 corridor, producing $65, 000 to $85, 000 in gross annual revenue with an identifiable path to more. The structure operates as six private rooms, each with its own bathroom and keypad-entry door, sharing a renovated common kitchen and dining area outfitted with white shaker cabinets, stainless steel appliances, and a full washer and dryer. LVP flooring runs throughout, crown molding gives each common space a finished feel, and a covered front porch signals the kind of curb appeal that holds quality tenants. Step inside and the hallway tells the story quickly: numbered doors, smart locks, and a consistent finish level from front to back that keeps turnover low and occupancy high. Currently five of six rooms are filled at $280 per week, with flexible lease terms ranging from two months to two years and weekly rent collection built into the PadSplit platform. Full occupancy — the historical norm — puts gross revenue north of $87, 000 annually. The common living room, which tenants rarely use, is the upside. Converting that space to a seventh bedroom adds approximately $14, 500 in additional annual gross revenue while preserving the kitchen, dining area, and laundry. The bones are already there; it is a straightforward conversion with meaningful return. Positioned minutes from downtown St. Petersburg, the St. Pete Pier, Bayfront Health, and I-275 access to Tampa, this address draws working adults who need flexible lease terms and a connected location. Demand in this corridor is consistent, the PadSplit model keeps collections systematic, and the property transfers in stabilized, turnkey condition.
Features
Heating System:
Central
Cooling System:
Central Air
Sewer:
Public Sewer
Utilities:
Public, Electricity Available, Water Connected, BB/HS Internet Capable
Appliances
Appliances:
Dishwasher, Refrigerator, Washer, Dryer, Microwave
Address Map
Country:
US
State:
FL
County:
Pinellas
City:
St Petersburg
Subdivision:
FRUITLAND HEIGHTS
Zipcode:
33705
Street:
16TH
Street Number:
1835
Street Suffix:
STREET
Longitude:
W83° 20' 41.7''
Latitude:
N27° 45' 4.5''
Directions:
Head south toward I-275 S. Merge onto I-275 S. Continue straight to stay on I-275 S. Take exit 21 for 28th St S. Turn left onto 28th St S. Turn left onto 18th Ave S. Turn right onto 16th St S. Destination will be on the right
Mls Area Major:
33705 - St Pete
Street Dir Suffix:
S
Additional Information
Lot Size Dimensions:
51x114
Water Source:
Public
Virtual Tour:
https://www.propertypanorama.com/instaview/stellar/TB8493145
Stories Total:
1
On Market Date:
2026-04-01
Number Of Units Total:
6
Levels:
One
Foundation Details:
Slab
Construction Materials:
Block
Building Size:
2304
Financial
Tax Annual Amount:
9162.19
Listing Information
List Agent Mls Id:
582500236
List Office Mls Id:
260032401
Listing Term:
Cash
Mls Status:
Active
Modification Timestamp:
2026-04-02T11:52:10Z
Originating System Name:
Stellar
Special Listing Conditions:
None
Status Change Timestamp:
2026-04-02T02:59:42Z

Commercial Sale For Sale

1835 16th St S, St Petersburg, Florida 33705

2,112 Sqft
$625,000
Listing ID #TB8493145
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
TB8493145
Price :
$625,000
Square Footage :
2,112 Sqft
Year Built :
2023
Lot Area :
0.13 Acre
Property Sub Type :
Multi-Family 5+
Roof:
Shingle
Agent info
Contact Agent

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