• $1,925,000List Price
  • ActiveStatus
  • 46Number of Photos
  • 27.767319Latitude
  • 3353 4th Avenue SAddress
  • 4TH Avenue SStreet
  • St PetersburgTown
  • FLState
  • 33711Zip
  • PinellasCounty
  • Residential IncomeProperty Type
  • O6454497MLS Number
  • 10Bedrooms
  • 5,690Square Feet
  • 2025Year Built
  • 0.2Acreage

Listing Tools

BRAND NEW CONSTRUCTION, FULLY LEASED, WITH AN OWNER-USER OPTION. Built in 2025, this concrete block corner property at 34th St S (US 19) and 4th Ave S offers 3 residences on one fee simple parcel: two 3BR/2.5BA townhomes (3365 and 3367 4th Ave S) and a detached 4BR/2.5BA single family home (3353 4th Ave S). Above each residence's garage is a separately leased Garage Suite with a private exterior entry, full bath, laundry and its own HVAC, producing 6 income streams and $182,892 of scheduled annual rent at 100% occupancy. LIVE IN ONE, LEASE THE REST: the 4BR detached home lease expires 12/31/2026, so an owner-occupant can move in and keep 5 income streams (about $139,000 per year) in place, and the 3 living units of record fit 2-4 unit residential financing. Investors and 1031 exchange buyers step into first generation roofs, HVAC, water heaters, appliances and finishes with no capital plan: quartz counters, shaker cabinetry, stainless appliances, luxury vinyl plank flooring, marble-look porcelain baths and dark matte fixtures. Leases are staggered into 2027 with 3 market rate and 3 housing authority assisted leases, and every lease carries a utility allowance that offsets owner-paid electric and water. In-place rents sit below new construction comparables nearby, leaving upside at renewal. Flood Zone X and non-evacuation zone, CCS-1 corridor zoning with mixed use optionality, 3 garages plus a paved rear parking court off the alley, and no HOA. Less than half a mile to Central Avenue, the Grand Central District and the SunRunner rapid transit line, with quick access to the Warehouse Arts District, Downtown St. Petersburg, the Tropicana Field / Historic Gas Plant redevelopment and the Gulf beaches. Greystar's 325-unit The Henry is delivering 3 blocks north. The nearly identical adjacent parcel is available from a separate owner by separate negotiation. County records 3 living units; buyer to verify the permitting and use status of the Garage Suites. Showings by appointment only with 48 hours notice; please do not disturb tenants.

Location

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 3, 2026 11:02 AM EST. 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. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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