2510 16th Ave N, St Petersburg, Florida 33713
- $895,000
2510 16th Ave N, St Petersburg, Florida 33713
- $895,000
Overview
- Triplex, Residential Income
- 5
- 4
Description
A 1031 Buyer or House Hacker’s Dream! This rare, fully legal, and licensed triplex in sought-after North Kenwood is a true plug-and-play asset! The property is fully furnished and occupied with 5 income streams, averaging over $7, 250/mo in rental income (2025 actual). The main home is a 3/2 block home custom-built by the seller in 2023, consistently rented by the room to three separate roommates (T-12 occupancy 96%) and averaging around $3, 800/mo in rental income. The rear building is a 1950s block structure that was completely renovated in 2022 to include new electrical, plumbing, and central HVAC; the rear bldg roof was replaced in 2020. This rear building is a 2-story up-and-down duplex with two fully furnished 1/1 apartments averaging $2, 000/mo each (T-12 occupancy 97 %, with only 14 nights of vacancy between the two apartments). The property attracts snowbirds, digital nomads, and returning annual guests, and is professionally managed with a comprehensive tech stack that includes dynamic pricing, listing syndications, and smart integrations (ongoing management is available for a true hands-free investment).High and dry with no flood insurance requirement or HOA, the property features three electric meters, 5 parking spaces, and a shared paver patio courtyard with a BBQ and fire pit. All three units have indoor laundry and central HVAC. Survey, 4-point, wind mitigation, rental license, and other documentation are attached. A 1031 buyer could snap this up with low/no debt service and utmost confidence in high occupancy/income and very low CapEx, while a house-hacker could pick this up with as little as 5% down (or less for FHA/VA), occupy any of the units, and still maintain 4 separate income streams! FHA/VA ready with almost no appraisal risk for financed buyers (property appraised for $825k in 2023 upon completion of construction, during a tighter credit market, before utilities were even connected).
Address
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Address: 2510 16TH N AVENUE
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City: St Petersburg
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State/county: FL
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Zip/Postal Code: 33713
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Country: US
Details
Updated on July 5, 2026 at 5:01 am-
Property ID HZTB8525945
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Price $895,000
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Land Area 0.13 Acres
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Bedrooms 5
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Bathrooms 4
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Year Built 2023
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Property Type Triplex, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Conventional, FHA, VA Loan
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Roof Shingle
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Utilities Cable Connected, Electricity Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling Central Air
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Heating Central, Electric
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Flooring Luxury Vinyl, Tile
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County Pinellas
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Property Type Residential Income
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Parking Driveway, Ground Level, Guest, Off Street
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Elementary School Woodlawn Elementary-PN
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Middle School John Hopkins Middle-PN
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High School St. Petersburg High-PN
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