512 88TH AVE N new

St Petersburg,FL 33702

$ 490000

2 Beds

2 Baths

816 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 816 sqft

Price per Sqft $600

Subdivision Kelly John Alex-Bruce Sub

MLS Listing ID TB8415065

Bedrooms 2

HOA Y/N No

Year Built 1958

Annual Tax Amount $2,411

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50x127

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Current renovated Duplex with detached garage but an incredible value-add opportunity with approved city permits and building plans to construct a 2 bed / 1 bath unit over the existing detached 2-car garage, transforming this property into a high-performing triplex. This fully renovated duplex is located in a prime area near restaurants, grocery stores, and shopping centers. Each 1 bed / 1 bath unit features updated flooring, cabinets, quartz countertops, appliances and a full electrical rewire completed in 2024. Washer and Dryer hookups and appliances added for each unit in 2024. Both units are currently leased, providing immediate income. Garage is also separately rented as storage for additional monthly income. Building plans and permit transfer with the sale, allowing the new owner to begin construction right away or use their own contractor. Buyer to verify all development details with the city.

Location

State FL

County Pinellas

Community Kelly John Alex-Bruce Sub

Area 33702 - St Pete

Direction N

Interior

Interior Features Open Floorplan

Heating Ductless

Cooling Wall/Window Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature Fence

Garage Spaces 2.0

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Roof Type Shingle

Attached Garage false

Garage true

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Asbestos

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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