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Kareem Hobson

kareem.hobson@engelvoelkers.com +1(813) 766-2311

$ 1,925,000

Est. payment -/mo

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3353 4TH AVE S St Petersburg, FL 33711

10 Beds

9 Baths

5,690 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,690 sqft

Price per Sqft $338

Subdivision Roosevelt Park Add

MLS Listing ID O6454497

Bedrooms 10

Construction Status Completed

HOA Y/N No

Year Built 2025

Annual Tax Amount $21,874

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 107x97

Property Sub-Type Triplex

Source Stellar MLS

Property Description

BRAND NEW CONSTRUCTION, FULLY LEASED, WITH AN OWNER-USER OPTION. Built in 2025, this concrete block corner property at 34th St S (US 19) and 4th Ave S offers 3 residences on one fee simple parcel: two 3BR/2.5BA townhomes (3365 and 3367 4th Ave S) and a detached 4BR/2.5BA single family home (3353 4th Ave S). Above each residence's garage is a separately leased Garage Suite with a private exterior entry, full bath, laundry and its own HVAC, producing 6 income streams and $182,892 of scheduled annual rent at 100% occupancy. LIVE IN ONE, LEASE THE REST: the 4BR detached home lease expires 12/31/2026, so an owner-occupant can move in and keep 5 income streams (about $139,000 per year) in place, and the 3 living units of record fit 2-4 unit residential financing. Investors and 1031 exchange buyers step into first generation roofs, HVAC, water heaters, appliances and finishes with no capital plan: quartz counters, shaker cabinetry, stainless appliances, luxury vinyl plank flooring, marble-look porcelain baths and dark matte fixtures. Leases are staggered into 2027 with 3 market rate and 3 housing authority assisted leases, and every lease carries a utility allowance that offsets owner-paid electric and water. In-place rents sit below new construction comparables nearby, leaving upside at renewal. Flood Zone X and non-evacuation zone, CCS-1 corridor zoning with mixed use optionality, 3 garages plus a paved rear parking court off the alley, and no HOA. Less than half a mile to Central Avenue, the Grand Central District and the SunRunner rapid transit line, with quick access to the Warehouse Arts District, Downtown St. Petersburg, the Tropicana Field / Historic Gas Plant redevelopment and the Gulf beaches. Greystar's 325-unit The Henry is delivering 3 blocks north. The nearly identical adjacent parcel is available from a separate owner by separate negotiation. County records 3 living units; buyer to verify the permitting and use status of the Garage Suites. Showings by appointment only with 48 hours notice; please do not disturb tenants.

Location

State FL

County Pinellas

Community Roosevelt Park Add

Area 33711 - St Pete/Gulfport

Zoning CCS-1

Direction S

Rooms

Other Rooms Garage Apartment, Great Room

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air

Flooring Luxury Vinyl, Tile

Furnishings Unfurnished

Fireplace false

Appliance Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

Laundry Electric Dryer Hookup, Inside, Upper Level, Washer Hookup

Exterior

Exterior Feature Lighting, Private Entrance, Sidewalk

Parking Features Garage Faces Rear, Off Street, Open

Garage Spaces 3.0

Community Features Sidewalks

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Porch Front Porch

Attached Garage true

Garage true

Private Pool No

Building

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

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Builder Name Landcap Construction LLC

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction true

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Trade, FHA, VA Loan

Membership Fee Required None

Listing Terms Cash, Conventional, Trade, FHA, VA Loan

Special Listing Condition None

Listed by Brad Kuskin COMPASS FLORIDA LLC

NEARBY SCHOOLS & PROPERTIES

Kareem Hobson

Advisor License ID: SL3589415

+1(813) 766-2311

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