$449,800
245 - 247 38th Avenue
St Petersburg, FL 33705
Listing updated: June 25, 2026 at 6:07 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Income-producing duplex opportunity in St. Petersburg. Comes with Americas Preferred 1 Year Home Warranty. This solid concrete block multi-family property features two spacious 3-bedroom, 2-bathroom units, offering strong rental appeal in a high-demand area for both long-term tenants and investors. Each unit provides a functional layout with updated flooring, refreshed kitchens with stone countertops and tile backsplash, and renovated bathrooms with modern subway tile finishes. Large windows bring in natural light, creating comfortable and attractive living spaces for tenants. The property offers approximately 2,140 square feet of heated living space and sits on a 75 x 90 lot in the Lewis Island area, just minutes from downtown St. Petersburg, waterfront parks, shopping, dining, and major commuter routes. Central air conditioning adds to tenant comfort and long-term rental stability. With two large 3-bedroom units, this property provides strong income potential and flexibility for investors seeking cash flow, portfolio expansion, or a house-hack opportunity by living in one unit and renting the other. St. Petersburg continues to see strong rental demand, making this a compelling opportunity to acquire a multi-family property in a growing market. **Each unit has its own meters (water and electric) Seller is not interested in owner/seller financing type offers.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history113 days on market
- Status: ActiveMar 4, 2026
- Listed$474,900Mar 4, 2026
- Price reduced$449,800
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 113
- Subdivision
- Lewis Island Sec 3
- County
- Pinellas
- Year built
- 1959
- Living area
- 2,140 sq ft
- Price/sq ft
- $210
- Building area
- 2,356 sq ft (Public Records)
- Lot size
- 6,922 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12103C0282H)
- Annual taxes
- $6,421 (2025)
- Parcel #
- 31-31-17-51498-017-0080
- MLS #
- TB8482974
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Interior Details
- Bedrooms
- 6
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo
- Laundry
- Inside
- Stories / Levels
- One
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- None, Parking Pad
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Fence
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Public, Sewer Available, Water Available
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2026-03-04
- On market date
- 2026-03-04
- Original list price
- $474,900
- Occupant type
- Tenant
- MLS area
- 33705 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-03-04
- Tax legal description
- LEWIS ISLAND SEC 3 BLK 17, LOT 8
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Get on I-275 S in St. Petersburg from Gandy Blvd Continue on I-275 S to St. Petersburg Take 4th St S and 6th St S to 38th Ave SE
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 25, 2026 at 6:07 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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