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1204 38TH AVENUE N

Multi-family For Sale
$475,000

BTC: 7.42187500

ETH: 263.88888889

-$24K (2026/05/28)
26 days
3 bds
1,501 sqft

Overview

Investor opportunity in the heart of Northeast St. Petersburg! This triplex at 1204 38th Ave N offers strong income potential with a versatile layout and future upside. The standout feature is the spacious upstairs 2-bedroom unit boasting cathedral ceilings, creating an open, airy feel that’s highly desirable for tenants or owner-occupants alike. Situated on a large lot, the property presents a rare opportunity for expansion—explore the potential to add additional units or enhance outdoor living spaces (buyer to verify zoning and development possibilities). Whether you’re looking to generate immediate rental income, live in one unit while renting the others, or maximize value through redevelopment, this property checks multiple boxes. Located in a high-demand area of St. Petersburg, close to downtown, shopping, dining, and major roadways, this is a prime addition to any real estate portfolio.

Location

Florida • ST PETERSBURG • 33704 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1925
Lot:
0.13 Acres
Heating:
Central / Wall Units / Window Unit
Price/sqft:
$316
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$449,000
$294K – $549K
Confidence Low
List vs. estimate
$26K above estimate
List $475,000 · +5.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$316
+2.8% vs. city median $307
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,310
2025
All facts and features

  • Heating

    • Central

    • Wall Units / Window Unit

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Other interior features

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 3

  • Property

    • Exterior Features: Balcony

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 123116094860000020

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $5,310

  • Source details

    • MLS ID: TB8505723

    Other facts

    • Construction Materials: Vinyl Siding

    • Foundation Details: Crawlspace

    • Fireplace Features: Wood Burning

    • Laundry Features: None

    • Fireplace: Yes

    • Living Area: 1501

    • Water Source: Public

    • Lot Size Dimensions: 50 x 115

    • Subdivision Name: BOARDMAN & GOETZ GARDENS TRACTS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33704
161
median $1.2M
Active
Same city
ST PETERSBURG
2,677
median $449K
Active
Same type
Multi-family
51
median $570K
Active
Similar price
$332K – $617K
817
median $449K
Active

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: WATER'S EDGE REALTY INC