4645 38TH AVENUE N
St Petersburg, FL 33713
$699,000
Discover an excellent investment opportunity at 4645 38th Ave N in St. Petersburg! This unique multifamily property features two separate buildings, offering privacy, flexibility, and income-producing potential. The property consists of two spacious units. One building features 2 bedrooms and 1.5 bathrooms, while the second building offers 2 bedrooms and 1 full bathroom. Adding to the property's appeal, a courtyard nestled between the two buildings creates a welcoming outdoor space.
Additional amenities include on-site parking and two storage sheds, providing valuable extra space for tenants and added convenience.
Currently generating $3,500 in monthly rental income ($42,000 annually), this property presents an attractive opportunity for investors seeking immediate cash flow or owner-occupants looking to live in one unit while generating rental income from the other.
Conveniently located with access to shopping, dining, and major roadways, this is an opportunity to own an income-producing property in a desirable Pinellas County location.
Listing Courtesy of: SMITH & ASSOCIATES REAL ESTATE
727-342-3800
| Listing Id: | TB8566562 |
|---|---|
| List Price: | $699,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Duplex |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 3 |
| Living Area: | 2,162 |
| Tax Annual Amount: | $6,221 |
| Lot Size Square Feet: | 9,291 |
| Lot Size Acres: | 0.21 |
| Waterfront?: | No |
| City: | St Petersburg |
| County Or Parish: | Pinellas |
| Subdivision Name: | Dearmins Sub 3 |
| Postal Code: | 33713 |
| Year Built: | 1950 |
| Additional Parcels?: | No |
| Bathrooms Total Integer: | 3 |
| Building Area Units: | Square Feet |
| Carport?: | No |
| Foundation Details: | Slab |
| Construction Materials: | Block |
| Cooling: | Central Air, Mini-Split Unit(s), Wall/Window Unit(s) |
| Directions: | Go west on 38th Ave N from I-275. The property is located on the northwest corner of 38th Ave N and 46th St N. |
| Exterior Features: | Courtyard, Private Yard |
| Garage?: | No |
| Heating: | Central |
| Interior Features: | Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Split Bedroom |
| Laundry Features: | Inside |
| Levels: | One |
| Listing Contract Date: | 2026-11-09 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.21 |
| Lot Size Dimensions: | 100x93 |
| Postal Code Plus4: | 1017 |
| MLS Area Major: | 33713 - St Pete |
| MLS Area Major: | 33713 - St Pete |
| Original List Price: | $699,000 |
| Other Equipment: | Private Yard |
| Parcel Number: | 04-31-16-20592-004-0070 |
| Township: | 31 |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Tax Year: | 2025 |
| Senior Community?: | No |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Association?: | No |
| Utilities: | Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| Water Source: | Public |
| Public Survey Range: | 16 |
| Public Survey Section: | 04 |
| Alternate Key Folio Num: | 043116205920040070 |
| Annual Net Income: | 42000.00 |
| Calculated List Price By Calcula: | 323.31 |
| Cddyn: | No |
| Flood Zone Code: | X |
| Flood Zone Date: | 2003-09-03 |
| Flood Zone Panel: | 12103C0212G |
| Green Verification Count: | 0 |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 200.86 |
| Lot Size Square Meters: | 863 |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 2 |
| Unit Count: | 2 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 727-342-3800 |
| Originating System Name : | Stellar MLS |
| Green Energy Generation Yn: | No |
| Fireplace?: | No |
| Pool Private?: | No |
| New Construction?: | No |
| New Construction?: | No |
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Property Last Updated: November 12, 2026 12:57 AM - ET
