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$895,000
5 Beds ⋅ 4 Baths ⋅ TB8525945 MLS ⋅ Kenwood Commons BLDG.
Under contract-accepting backup offers. A 1031 Buyer or House Hacker's Dream! This rare, fully legal, and licensed triplex in sought-after North Kenwood is a true plug-and-play asset! The property is fully furnished and occupied with 5 income streams, averaging over $7,250/mo in rental income (2025 actual). The main home is a 3/2 block home custom-built by the seller in 2023, consistently rented by the room to three separate roommates (T-12 occupancy 96%) and averaging around $3,800/mo in rental income. The rear building is a 1950s block structure that was completely renovated in 2022 to include new electrical, plumbing, and central HVAC; the rear bldg roof was replaced in 2020. This rear building is a 2-story up-and-down duplex with two fully furnished 1/1 apartments averaging $2,000/mo each (T-12 occupancy 97 %, with only 14 nights of vacancy between the two apartments). The property attracts snowbirds, digital nomads, and returning annual guests, and is professionally managed with a comprehensive tech stack that includes dynamic pricing, listing syndications, and smart integrations (ongoing management is available for a true hands-free investment).High and dry with no flood insurance requirement or HOA, the property features three electric meters, 5 parking spaces, and a shared paver patio courtyard with a BBQ and fire pit. All three units have indoor laundry and central HVAC. Survey, 4-point, wind mitigation, rental license, and other documentation are attached. A 1031 buyer could snap this up with low/no debt service and utmost confidence in high occupancy/income and very low CapEx, while a house-hacker could pick this up with as little as 5% down (or less for FHA/VA), occupy any of the units, and still maintain 4 separate income streams! FHA/VA ready with almost no appraisal risk for financed buyers (property appraised for $825k in 2023 upon completion of construction, during a tighter credit market, before utilities were even connected).

2510 16th Avenue N, St Petersburg
$889,000
3 Beds ⋅ 3 Baths ⋅ TB8495183 MLS
Welcome to this stunning modern new construction home in the highly sought-after North Kenwood, offering 3 bedrooms and 3 full bathrooms with thoughtfully designed, high-end finishes throughout. This all-concrete block residence features luxury vinyl plank flooring, vaulted ceilings that create an open and airy feel, and a designer kitchen complete with quartz countertops, real wood custom cabinetry, stainless steel appliances, and a spacious island with seating—perfect for entertaining. Each bathroom showcases custom tile work for a clean, upscale look, while black-framed hurricane impact windows and doors provide both style and peace of mind. Enjoy Florida living with two private balconies—one off the primary suite and another off the upstairs rear bedroom—ideal for morning coffee or evening relaxation. The home also includes a single-car garage equipped with a 220V EV charger, blending modern convenience with forward-thinking design. Backed by a 1-year labor warranty, 2-year systems warranty, and 10-year structural warranty, this property delivers both quality and confidence in one of St. Petersburg’s most desirable and rapidly growing areas. Preferred lender offering 1.25% credit at closing. Call to discuss other builder's incentives.

2525 18th Avenue N, St Petersburg