1316 Melrose Ave S, St Petersburg, Florida 33705

  • $599,000
  • $625,000

Overview

Property ID: HZW7874148
  • Triplex, Residential Income
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage

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.

  • Address: 1316 MELROSE S AVENUE
  • City: St Petersburg
  • State/county: FL
  • Zip/Postal Code: 33705
  • Country: US

Details

Updated on August 5, 2025 at 12:17 pm
  • Property ID HZW7874148
  • Price $599,000
  • Land Area 0.14 Acres
  • Bedrooms 3
  • Bathrooms 2
  • Garage 1
  • Year Built 1939
  • Property Type Triplex, Residential Income
  • Property Status Canceled

Additional details

  • Listing Terms Cash, Conventional
  • Roof Membrane, Shingle
  • Utilities Electricity Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • County Pinellas
  • Property Type Residential Income
  • Elementary School Campbell Park Elementary-PN
  • Middle School John Hopkins Middle-PN
  • High School Gibbs High-PN

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Jamie Stevens

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