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3315 58TH AVENUE S UNIT 314

Condo/Co-op For Sale
$90,000

BTC: 1.40625000

ETH: 56.43730129

5 days
1 bds
1 ba
708 sqft

Overview

Turnkey Investment Opportunity! This beautifully updated 1-bedroom, 1-bathroom condo offers the perfect combination of modern updates and immediate rental income. The unit is currently leased for $1,450/ month through July 31st 2027, providing a reliable income stream from day one. Recent improvements include new luxury flooring in the bedroom and fresh interior paint (2025), Weather Tite hurricane-impact windows (2022), a new A/C system (2023), and an updated kitchen featuring newer appliances. These thoughtful upgrades make this home both attractive to tenants and low maintenance for the next owner. An added bonus for investors is that the HOA fee was reduced beginning in January 2026, helping improve the property's overall affordability and long-term investment potential. Whether you're looking to expand your investment portfolio or purchase a move-in-ready condo with future flexibility, this property checks all the boxes. Conveniently located just minutes from the Skyway Marina District, downtown St. Petersburg, Gulf beaches, shopping, dining, and major highways, you'll enjoy easy access to everything the area has. This is a rare opportunity to own a well-maintained, income-producing property in one of St. Petersburg's growing areas. With a stable tenant already in place, recent capital improvements completed, lower HOA fees, and major system updates already taken care of, this condo is an excellent addition to any investment portfolio or a smart purchase for a future owner-occupant.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1962
Lot:
No Data
Heating:
Central
Price/sqft:
$127
Cooling:
Central Air
HOA:
$599

Valuation

Our model vs. what's actually selling nearby.
Estimate
$102,950
$63K – $328K
Confidence Low
List vs. estimate
$12K below estimate
List $90,000 · -12.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$127
-44.6% vs. city median $229
Based on
26 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$619
2025
HOA
$599/mo
Cable TV, Community Pool, Insurance
Pets
Allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Refrigerator

    Other interior features

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Balcony

    Other Property Information

    • Parcel Number: 113216952030003140

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $599

    • HOA Frequency: Monthly

    • Annual tax amount: $619

  • Source details

    • MLS ID: TB8526752

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Window Features: Storm Window(s)

    • Direction Faces: South

    • Living Area: 708

    • Water Source: Public

    • Subdivision Name: WAVE THE CONDO

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CENTURY 21 INTEGRA