Active

$399,000

Features:
  • 0 Bedrooms
  • 0 Bathrooms
  • 1352 sq ft
Overview
  • ID: MFRTB8379363
  • Bedrooms: 0
  • Bathrooms: 0
  • Size: 1352 sq ft
Property Details
Remarks
This rare investment opportunity offers solid construction, prime location, and strong upside in the heart of St. Petersburg. Centrally located just minutes from downtown, waterfront parks, shopping, and award-winning Gulf beaches, 521 88th Ave N blends durability and location with serious investment potential. Built in 1973 with concrete block construction, this income-producing duplex features two separate 2-bedroom, 1-bathroom units, each offering central heat and air, private storage rooms with washer/dryer hookups, and individual electric and water meters, allowing tenants to pay their utilities. The back unit enjoys private alley access with its own dedicated parking space, offering additional convenience and flexibility. Several important upgrades are already in place, including a newer roof installed in 2017 and brand-new windows that have been fully paid for and are scheduled to be installed by mid-July 2025. Located on a quiet residential street yet close to downtown St. Pete’s vibrant restaurant scene, shopping, arts, waterfront parks, and both St. Pete–Clearwater and Tampa International Airports, it offers unbeatable accessibility for future tenants and owners alike. Importantly, the property experienced its first storm-related impact during hurricanes of 2024, but had no previous history of flooding, highlighting its location within a historically stable and high-demand part of the city. Whether you’re looking to expand your investment portfolio, live in one unit while renting the other, or capitalize on Tampa Bay’s ongoing growth, 521 88th Ave N is a rare opportunity that combines strong rental potential, flexible use, and an exceptional location. Easy to show — schedule your private tour today!
Financial Considerations
Price:
$399,000
HOA Fee:
N/A
Tax Amount:
$4384.95
Price per SqFt:
$295.12
Tax Legal Description:
KELLY, JOHN ALEX-BRUCE SUB LOT 18
Exterior Features
Lot Size:
6425
Lot Features:
Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
0
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1973
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Private Mailbox, Storage
Additional Features 2:
N/A
Map
  • Address
    521 88TH AVE N
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