Active

$950,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 1972 sq ft
Overview
  • ID: MFRTB8389218
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 1972 sq ft
Property Details
Remarks
OFFERED BELOW RECENT APPRAISAL — Meticulously renovated from top to bottom, this multi-unit gem in the heart of St. Pete is truly turn-key. Every inch has been thoughtfully upgraded — from new roofs, windows, plumbing, and electrical to all-new modern finishes, landscaping, and hardscaping. TOO MANY IMPROVEMENTS TO LIST — ASK FOR THE FULL SCOPE OF WORK AND PERMITS, ALL CLOSED. Set on a wide corner lot along St. Pete’s iconic red brick roads, this fully stabilized compound includes four 1-bed, 1-bath residences — each with a flexible bonus room perfect for an office or guest space — and a detached garage-turned-lounge or optional on-site manager’s suite. Zoned for 30-day minimum rentals but ideal for long-term tenants, every unit is separately metered and fully furnished with kitchenware, linens, and décor, making it truly plug-and-play. Extensive improvements include new roofs on all 5 structures (2022), new vinyl siding, impact-rated windows and doors, updated HVAC systems, new electrical panels and wiring, new plumbing supply and drain lines, and energy-efficient water heaters. Interiors feature granite countertops, modern cabinetry, luxury vinyl plank flooring, updated fixtures, and recessed lighting. The property also includes a standalone commercial-grade laundry building with brand-new coin-operated appliances, providing added convenience and additional income potential. The central courtyard is a showstopper — with café string lighting, new pavers, tropical landscaping, and curated gathering areas that create a boutique hotel-style atmosphere. Select units even feature custom murals that add charm and a touch of art-forward identity. Located just minutes to Crescent Lake, downtown St. Petersburg, The Pier, Tropicana Field, Gulf beaches, and I-275 — and only 20 minutes from Tampa International — this is a rare chance to own a cash-flow-ready, personality-driven investment in a high-demand rental corridor.
Financial Considerations
Price:
$950,000
HOA Fee:
N/A
Tax Amount:
$9181.26
Price per SqFt:
$481.74
Tax Legal Description:
PINE CITY SUB REPLAT BLK 6, LOT 13
Exterior Features
Lot Size:
6364
Lot Features:
City Limits, Landscaped, Sidewalk, Street Brick
Waterfront:
No
Parking Spaces:
N/A
Parking:
Covered, Garage Faces Rear, Ground Level, On Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Electric, Space Heater, Ductless
Cooling:
Ductless, Wall/Window Unit(s)
Appliances:
Convection Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Other, Refrigerator, Tankless Water Heater, Washer
Furnished:
No
Floor:
Luxury Vinyl, Tile
Levels:
One
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1925
Construction Type:
Vinyl Siding
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Garden, Hurricane Shutters, Outdoor Grill, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    1615 28TH AVE N
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