Property
ActiveResidential
1/27
$449,800

245 - 247 38TH AVENUE

St Petersburg, FL 33705
6
Beds
4
Baths
2,140
SqFt
0.16
Acres
STELLAR
#TB8482974
Updated: Jun 25, 2026, 8:53pm

Property Description

Income-producing duplex opportunity in St. Petersburg. Comes with Americas Preferred 1 Year Home Warranty. This solid concrete block multi-family property features two spacious 3-bedroom, 2-bathroom units, offering strong rental appeal in a high-demand area for both long-term tenants and investors. Each unit provides a functional layout with updated flooring, refreshed kitchens with stone countertops and tile backsplash, and renovated bathrooms with modern subway tile finishes. Large windows bring in natural light, creating comfortable and attractive living spaces for tenants. The property offers approximately 2,140 square feet of heated living space and sits on a 75 x 90 lot in the Lewis Island area, just minutes from downtown St. Petersburg, waterfront parks, shopping, dining, and major commuter routes. Central air conditioning adds to tenant comfort and long-term rental stability. With two large 3-bedroom units, this property provides strong income potential and flexibility for investors seeking cash flow, portfolio expansion, or a house-hack opportunity by living in one unit and renting the other. St. Petersburg continues to see strong rental demand, making this a compelling opportunity to acquire a multi-family property in a growing market.

**Each unit has its own meters (water and electric) Seller is not interested in owner/seller financing type offers.
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Included Appliances
DishwasherMicrowaveRangeRefrigerator

Property Details

Interior
Appliances
DishwasherMicrowaveRangeRefrigerator
Building Area Total
2356
Cooling
Central Air
Flooring
Ceramic Tile
Furnished
Unfurnished
Heating
Central
Interior Features
Ceiling Fan(s)Living Room/Dining Room Combo
Laundry Features
Inside
Living Area
2140
Security Features
Smoke Detector(s)
Window Features
Window Treatments
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
2
Property Condition
Completed
Roof
Shingle
Year Built
1959
Site & Exterior
Exterior Features
Fenced
Flood Zone Code
AE
I D X Participation
Yes
Lot Features
City LotLandscaped
Lot Size Acres
0.16
Lot Size Area
6922
Lot Size Dimensions
75 x 90
Lot Size Square Feet
6922
Lot Size Units
Square Feet
Number Of Separate Electric Meters
2
Number Of Separate Water Meters
2
Open Parking
Yes
Parking Features
NoneParking Pad
Public Survey Range
17
Public Survey Section
51
Road Frontage Type
Street Paved
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableElectricity AvailablePublicSewer AvailableWater Available
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
210.19
Contract Status Change Date
2026-03-04
Current Price
449800
Existing Lease Type
Gross
Feed Types
BBO
Lease Considered
Yes
Lease Term
12 Months
Minimum Lease
No Minimum
Owner Name
SPMPFLLLC
Ownership
Fee Simple
Parcel Number
313117514980170080
Public Survey Township
31
Tax Annual Amount
6421
Tax Block
17
Tax Book Number
50-54
Tax Legal Description
LEWIS ISLAND SEC 3 BLK 17, LOT 8
Tax Lot
8
Tax Year
2025
Total Actual Rent
3450

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33705 - St Pete
Max Pet Weight
999
Pet Restrictions
Per owner discretion
Pets Allowed
Yes
Subdivision Name
LEWIS ISLAND SEC 3
Schools
Ratings
Elementary
Lakewood Elementary-PN
Middle
Bay Point Middle-PN
High
Lakewood High-PN
Listing provided courtesy of STELLAR via IDX. Updated: Jun 25, 2026, 8:53pm.
Brenda Bianchi

Listing Agent

BIANCHI REALTY & PROPERTY MANAGEMENT INC.

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