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Additional details

Keith Francis

keith@roundtablerealty.com +1(904) 874-2066

$ 895,000

Est. payment | -/mo

5 Beds

4 Baths

2,244 SqFt

Save

$ 895,000

Est. payment | -/mo

Save

5 Beds

4 Baths

2,244 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,244 sqft

Price per Sqft $398

Subdivision Avalon

MLS Listing ID TB8525945

Bedrooms 5

HOA Y/N No

Year Built 2023

Annual Tax Amount $7,754

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 45x125

Property Sub-Type Triplex

Source Stellar MLS

Property 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).

Location

State FL

County Pinellas

Community Avalon

Area 33713 - St Pete

Zoning NT-1

Direction N

Interior

Interior Features Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Luxury Vinyl, Tile

Furnishings Furnished

Fireplace false

Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer

Laundry Electric Dryer Hookup, Inside, Washer Hookup

Exterior

Exterior Feature Courtyard, Fence, Fire Pit, Sidewalk

Parking Features Driveway, Ground Level, Guest, Off Street

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

View City, Garden

Roof Type Shingle

Porch Patio, Porch

Garage false

Private Pool No

Building

Lot Description City Limits, Landscaped, Level, Near Public Transit, Sidewalk, Paved

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Woodlawn Elementary-Pn

Middle Schools John Hopkins Middle-Pn

High Schools St. Petersburg High-Pn

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by Jeff Copeland COPELAND MORGAN LLC

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 469-7653

admin@roundtablerealty.com

1637 Racetrack Rd, Jacksonville, FL, 32259

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2510 16TH AVE N St Petersburg, FL 33713