$475,000
1204 38th Avenue
St Petersburg, FL 33704
Listing updated: May 27, 2026 at 9:02 PM ET
Listing courtesy of Water'S Edge Realty Inc · David Wing · MLS #TB8505723 · Active · 727-439-6634Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Local Insight
This 1925 triplex is priced below the neighborhood median at $316/sqft, which could signal either genuine value or deferred maintenance—the tour is essential to assess the actual condition of systems that are nearly 100 years old. The X flood zone is a real advantage here, eliminating that insurance cost headache that plagues much of the Tampa Bay area, which should factor favorably into your total carrying costs. At just 0.13 acres with three units, you're looking at tight quarters if you need outdoor space, but the rental income potential from two units could offset your mortgage significantly if owner-occupancy isn't the priority.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history19 days on market
- Status: ActiveMay 8, 2026
- Listed$499,000May 8, 2026
- Price reduced$475,000
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 19
- Subdivision
- Boardman & Goetz Gardens Tracts
- County
- Pinellas
- Year built
- 1925
- Living area
- 1,501 sq ft
- Price/sq ft
- $316
- Lot size
- 5,750 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12103C0217H)
- Annual taxes
- $5,310 (2025)
- Parcel #
- 12-31-16-09486-000-0020
- MLS #
- TB8505723
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Interior Details
- Bedrooms
- 3
- Interior features
- Thermostat, Window Treatments
- Laundry
- None
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central, Ductless
- Cooling
- Central Air, Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Balcony
- Construction materials
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Public
Listing Details
- Listing date
- 2026-05-08
- On market date
- 2026-05-08
- Original list price
- $499,000
- MLS area
- 33704 - St Pete/Euclid
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-08
- Tax legal description
- BOARDMAN & GOETZ GARDENS TRACTS E 50FT OF LOT 2 LESS N 6FT MOL FOR R/W
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
heading west on 38th ave n property is located on left side just past 12th st
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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 May 27, 2026 at 9:02 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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