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623 MOUND PARK WAY S

Multi-family For Sale
$799,000

BTC: 9.25840093

ETH: 319.60000000

New
0 room(s)
1,510 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1921
Lot:
0.04 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$529
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$412,500
$253K – $764K
Confidence Low
List vs. estimate
$386K above estimate
List $799,000 · +93.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$529
+82.9% vs. city median $289
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,889
2025
Furnished
Negotiable
All facts and features
  • Heating

    • Wall Units / Window Unit

    Cooling

    • Mini-Split Unit(s)

    Other interior features

    • Ninguno

  • Property

    • Exterior Features: French Doors / Lighting

    Lot

    • Lot: 0.04 Acres

    Other Property Information

    • Parcel Number: 193117600660000070

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Available

  • Other financial information

    • Annual tax amount: $7,890

  • Source details

    • MLS ID: TB8551289

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Other

    • Laundry Features: Other

    • Living Area: 1510

    • Water Source: Public

    • Lot Size Dimensions: 44 x 40

    • Subdivision Name: NICHOLSONS J W SUB

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: KOONS REAL ESTATE INC