3353 4TH AVENUE S
St Petersburg, FL 33711
$1,925,000
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 ...
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Listing Courtesy of: COMPASS FLORIDA LLC
407-203-9441
| Listing Id: | O6454497 |
|---|---|
| List Price: | $1,925,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 10 |
| Bathrooms Full: | 9 |
| Living Area: | 5,690 |
| Tax Annual Amount: | $21,875 |
| Lot Size Square Feet: | 8,838 |
| Lot Size Acres: | 0.2 |
| Waterfront?: | No |
| City: | St Petersburg |
| County Or Parish: | Pinellas |
| Subdivision Name: | Roosevelt Park Add |
| Postal Code: | 33711 |
| Year Built: | 2025 |
| Number Of Units Total: | 3 |
| Additional Parcels?: | No |
| Appliances: | Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator |
| Builder Name: | Landcap Construction LLC |
| Attached Garage?: | Yes |
| Bathrooms Total Integer: | 9 |
| Building Area Source: | Public Records |
| Building Area Total: | 6926 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Slab |
| Construction Materials: | Block, Stucco |
| Cooling: | Central Air |
| Directions: | From Central Ave, head south on 34th St S (US 19) for 4 blocks and turn left (east) onto 4th Ave S. The property is immediately on the left at the corner; parking court is accessed from the rear alley. |
| Exterior Features: | Lighting, Private Entrance, Sidewalk |
| Flooring: | Luxury Vinyl, Tile |
| Furnished: | Unfurnished |
| Garage Spaces: | 3 |
| Garage?: | Yes |
| Community Features: | Sidewalks |
| Gross Income: | $182,892 |
| Heating: | Central, Electric |
| Interior Features: | Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s) |
| Laundry Features: | Electric Dryer Hookup, Inside, Upper Level, Washer Hookup |
| Lease Term: | Twelve Months |
| Levels: | Two |
| Listing Contract Date: | 2026-10-28 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | Corner Lot, City Limits, Landscaped, Level, Near Public Transit, Sidewalk, Paved |
| Lot Size Acres: | 0.2 |
| Lot Size Dimensions: | 107x97 |
| MLS Area Major: | 33711 - St Pete/Gulfport |
| MLS Area Major: | 33711 - St Pete/Gulfport |
| Original List Price: | $1,925,000 |
| Other Equipment: | Private Entrance |
| Parcel Number: | 23-31-16-76590-004-0100 |
| Parking Features: | Garage Faces Rear, Off Street, Open |
| Patio And Porch Features: | Front Porch |
| Property Attached?: | Yes |
| Township: | 31 |
| Road Surface Type: | Asphalt, Paved |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional, Trade, FHA, VA Loan |
| Tax Year: | 2026 |
| Security Features: | Smoke Detector(s) |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Total Actual Rent: | $15,241 |
| Financial Data Source: | Broker, Owner |
| Utilities: | BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected |
| Water Source: | Public |
| Property Condition: | Completed |
| Public Survey Range: | 16 |
| Public Survey Section: | 23 |
| Zoning: | CCS-1 |
| Possession: | Negotiable |
| Spa?: | No |
| Window Features: | Blinds |
| Additional Rooms: | Garage Apartment, Great Room |
| Alternate Key Folio Num: | 233116765900040100 |
| Annual Expenses: | 62450 |
| Annual Net Income: | 111297.00 |
| Association Approval Required Yn: | No |
| Association Fee Requirement: | None |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 643.45 |
| Calculated List Price By Calcula: | 338.31 |
| Cddyn: | No |
| Est Annual Market Income: | 187892.00 |
| Flood Zone Code: | X |
| Future Land Use: | PR-MU |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | No |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 528.62 |
| Lot Size Square Meters: | 821 |
| Other Exemptions Yn: | No |
| Permit Number: | 22-03002454, 22-03002618 |
| Planned Unit Development Yn: | No |
| Realtor Info: | Brochure Available, Confidentiality Letter Required, Currently Leased, Docs Available, Floor Plan Available |
| Sdeo yn: | No |
| Terms Of Lease: | Gross Lease |
| Total Acreage: | 0 to less than 1/4 |
| Total Monthly Expenses: | 5204 |
| Total Num Buildings: | 2 |
| Unit Count: | 2 |
| Unit Number Yn: | Yes |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Individually Metered: | Electric |
| Road Responsibility: | Public Maintained Road |
| Association 2 Yn: | 0 |
| Attribution Contact: | 407-203-9441 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| Num Assigned Parking Spaces: | 3 |
| Number Of Separate Electric Meters: | 3 |
| Green Energy Generation Yn: | No |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | Yes |
| New Construction?: | Yes |
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Property Last Updated: November 03, 2026 02:05 AM - ET
