623 Mound Park Way, St Petersburg, FL 33701
Photo 1 of 30
$799,000
Beds Baths Sq. Ft. Taxes Built
1,510 $7,889.91 1921
On the market: 5 days
Other active MLS# for this property: TB8551289

Est. Monthly Payment:

$5,441($4,784 + $657 taxes*)

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APPROVED
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Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district. All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units. The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside. This is a turnkey triplex in one of Florida's most desirable downtowns, a strong addition to any portfolio.
Listing courtesy of Kalib Koons, KOONS REAL ESTATE INC