6315 51st Avenue N, St Petersburg, FL 33709

$580,000
6
BD
4
BA
3,022
SqFt

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Sold Price
$580,000
List Price
$598,900
Status
Sold
Days on Market
60
Closing Date
Mar 06, 2025
MLS#
TB8326289
Property Style
Single Family
Year Built
1981
Bedrooms
6
Bathrooms
4
Living Area
3,022
Lot Size
17,337
Acres
0.40
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Darrow Estates
MLS Area Major
St Pete/Kenneth City

Property Description

Hard to find turnkey triplex in the most coveted corner of St. Pete, next to the best schools in town. The owner’s early retirement offers you the rare chance to snatch up this recently remodeled cash cow investment at below market value. Get three dream homes for the price of one. Live in one of the three spacious units—two 2-bed/1-bath and one 2-bed/2-bath—and rent the others out for ample passive income. What makes this place so special? 1) New roof in 2016. 2) New ACs in all units 2022. 3) Well maintained, with service records available. 4) Separate water/electric meters for all units. 5) Gorgeous tile flooring throughout all units and each with in suite laundry. 6) Long term tenants on month to month leases paying below market rents. 7) High and dry elevated lot, unaffected by recent storms 8) Zoned as a 4-plex and on an oversized lot with plenty of parking spaces. Potential to add another unit. Investor notes: LTR: 3,800 /mo current, 4,800 - 5,400 potential w/o updates. Very little nearby competition. STR: 85.7k gross /yr, at only half year occupancy. Low-maintenance, income-producing, and no storm damage. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.

Additional Information

Taxes
$8051
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-4
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan
Floor
Tile
Appliances
Electric Water Heater, Microwave, Range, Refrigerator
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Vinyl Siding
Exterior Features
Lighting, Rain Gutters, Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Fences
Wood
Flood Zone Code
X
Parcel ID
05-31-16-20344-000-0070
Legal Description
DARROW ESTATES LOT 7

Listing courtesy of RICHARD PETERS REALTY LLC.

Selling Office: EXP REALTY LLC.

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