5111 1ST AVENUE S
St Petersburg, FL 33707
$917,400
Wow is the Word for this Completely Updated Tri-Plex! Great Cash Flow for this Block Construction Complex off Central Ave. and Close to Bus line. All 3 Units come with an Assigned Carport Space and an individual Storage room. On-Site Laundry Room also brings in additional Cash Flow. This complex has been exceptionally well maintained. Beautiful landscape and walkways plus plenty of parking. Here are the Specs: 2,793 SF heated, 4,344 SF under roof Triplex - 2/2, 2/1, 1/1. Upgrades in 2023: All new kitchen appliances 2023 in all units - side by side fridge with water and ice, range, hood, sinks, faucets and dishwasher, 2023 kitchen cabinet refresh and upgraded doors and paint. All bathroom's new tile, toilets, faucets and vanities. 2020 new hot water heaters, 2023 new interior paint, 2023 new exterior primer and paint. 2023 new gutters with leaf guard. 2023 commercial grade exterior epoxy on all exterior walkways, carport and stairs. 2023 new LVP heavy duty flooring. 2023 new ceiling fans. 2022/23 new hurricane windows and front doors on all units. 2023 new washer/dryer and digital programmable locks on laundry entrances. All serious Investors must show Proof of Funds or Pre-Approval letter to schedule a viewing of all 3 units because it is all fully rented and we don't want to disturb the tenants unless Buyer is very serious. The rents stated are Actual rents not Expected. High and Dry. No Flood Insurance Needed. Each unit ...
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Listing Courtesy of: WALKER AND ASSOCIATES REALTY
727-776-5430
| Listing Id: | TB8559521 |
|---|---|
| List Price: | $917,400 |
| Property Type: | Residential Income |
| Property Sub Type: | Triplex |
| Status: | Active |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 4 |
| Living Area: | 2,793 |
| Tax Annual Amount: | $7,917 |
| Lot Size Square Feet: | 5,001 |
| Lot Size Acres: | 0.11 |
| Waterfront?: | No |
| City: | St Petersburg |
| County Or Parish: | Pinellas |
| Subdivision Name: | Central Ave Homes |
| Postal Code: | 33707 |
| Year Built: | 1971 |
| Number Of Units Total: | 3 |
| Appliances: | Dishwasher, Electric Water Heater, Ice Maker, Range, Range Hood, Refrigerator |
| Bathrooms Total Integer: | 4 |
| Building Area Source: | Estimated |
| Building Area Total: | 4344 |
| Building Area Units: | Square Feet |
| Carport Spaces: | 3 |
| Carport?: | Yes |
| Foundation Details: | Slab |
| Construction Materials: | Block, Stucco |
| Cooling: | Central Air |
| Directions: | Go west on Central Ave. until you reach 51st Street, then turn left to address on right. |
| Exterior Features: | Balcony, Sidewalk |
| Flooring: | Ceramic Tile, Luxury Vinyl |
| Furnished: | Unfurnished |
| Community Features: | Street Lights |
| Gross Income: | $72,720 |
| Heating: | Central, Electric |
| Interior Features: | Ceiling Fans(s), Walk-In Closet(s) |
| Laundry Features: | Common Area, Inside, Laundry Room |
| Lease Term: | Twelve Months |
| Listing Contract Date: | 2026-10-19 |
| Ownership: | Fee Simple |
| Living Area Source: | Estimated |
| Living Area Units: | Square Feet |
| Lot Features: | Sidewalk |
| Lot Size Acres: | 0.11 |
| Lot Size Dimensions: | 50x100 |
| Postal Code Plus4: | 1900 |
| MLS Area Major: | 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch |
| MLS Area Major: | 33707 - St Pete/South Pasadena/Gulfport/St Pete Bch |
| Original List Price: | $917,400 |
| Parcel Number: | 21-31-16-14454-003-0150 |
| Parking Features: | Covered, Driveway, Guest, Off Street, On Street, Tandem |
| Patio And Porch Features: | Covered, Front Porch |
| Township: | 31 |
| Road Surface Type: | Paved |
| Roof: | Shingle |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2025 |
| Security Features: | Smoke Detector(s) |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Tenant Pays: | Electricity |
| Utilities: | Electricity Connected, Public, Sewer Connected |
| Water Source: | Public |
| Public Survey Range: | 16 |
| Public Survey Section: | 21 |
| Zoning: | CRT-1 |
| Additional Lease Restrictions: | All lease restrictions per City Zoning |
| Additional Rooms: | Storage Rooms |
| Annual Expenses: | 16354 |
| Annual Net Income: | 56366.00 |
| Approval Process: | All lease restrictions per City Zoning |
| Association Approval Required Yn: | No |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 403.57 |
| Calculated List Price By Calcula: | 328.46 |
| Cddyn: | No |
| Flood Zone Code: | X |
| Flood Zone Date: | 2003-09-03 |
| Flood Zone Panel: | 12103C0214G |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | Yes |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 259.48 |
| Lot Size Square Meters: | 465 |
| Minimum Lease: | 1 Month |
| Num Of Own Years Prior To Lse: | 0 |
| Num Times per Year: | 4 |
| Realtor Info: | Currently Leased, Floor Plan Available |
| Sdeo yn: | No |
| Total Acreage: | 0 to less than 1/4 |
| Total Num Buildings: | 1 |
| Unit Count: | 3 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Association 2 Yn: | 0 |
| Attribution Contact: | 727-776-5430 |
| Originating System Name : | Stellar MLS |
| Num Assigned Parking Spaces: | 3 |
| Green Energy Generation Yn: | No |
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Property Last Updated: October 20, 2026 05:33 AM - ET
