$989,000
4 Bed
4 Bath
1,972
0.15 Acre Lot

1615 28th Ave N, St Petersburg, Florida 33713

  • Residential Income Property Type
  • 1,972 Square Footage
  • Garage Faces Rear Cars Garage
  • 1925 Year Built
Property Description

TRULY TURNKEY AND READY FOR IMMEDIATE INCOME PRODUCTION. Set along a charming stretch of St. Petersburg’s signature red brick roads, this turnkey multifamily compound offers an exceptional opportunity for investors seeking a fully operational, income-producing property with enduring value. From the moment you arrive, you know how special these are—each residence offering its own distinct vibe, thoughtfully curated for comfort and character.

Configured for both short-term (30-day minimum) and long-term rental use, the property features FOUR one-bedroom, one-bath residences, each with a flexible bonus room and individual utility metering. Every home comes fully outfitted with kitchen essentials, fresh linens and contemporary furnishings, making each unit move-in ready for immediate occupancy.

Behind the scenes, extensive infrastructure updates provide seamless ownership. All five structures feature NEW roofs (2022), with additional enhancements including NEW siding, NEW windows, NEW doors, NEW plumbing, and NEW electrical and HVAC systems. Interiors are appointed with granite countertops, luxury vinyl plank flooring and modern cabinetry, combining durability with stylish functionality.

A detached two-car garage has been transformed into a shared lounge or optional on-site manager’s quarters. A separate commercial-grade laundry facility includes NEW coin-operated appliances, offering added convenience and supplemental income.

At the center of the property, a vibrant communal courtyard wrapped in café lighting, tropical landscaping and bistro-style seating creates a boutique hospitality setting that encourages gathering and connection. Artistic flourishes, including hand-painted tropical murals in select units, contribute unique visual identity and charm.

Centrally located just minutes from downtown St. Petersburg, Crescent Lake, The Pier and the Gulf beaches—with direct access to Interstate 275 and just 20 minutes from Tampa International Airport—this property is ideally positioned to attract consistent rental demand.

A polished, personality-driven asset in a prime corridor, this is a rare opportunity to own a fully stabilized and visually distinct investment in one of the city’s most desirable neighborhoods.

Basic Details
Residential Income
For Sale
TB8389218
$989,000
4
4
1,972
1925
0.15 Acre
Active
Quadruplex
: Shingle
Features
: Electric, Space Heater, Ductless
: Wall/Window Unit(s), Ductless
: Front Porch, Patio, Porch
: Garage Faces Rear, Covered, On Street, Ground Level
: Hurricane Shutters, Sidewalk, Garden, Outdoor Grill, Fence
: Tile, Luxury Vinyl
: High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters, Other
: Laundry Room, In Garage, Common Area, Other
: Public Sewer
: Public, Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
: Blinds, Double Pane Windows, Wood Frames, Storm Window(s)
Appliances
: Microwave, Dryer, Gas Water Heater, Refrigerator, Washer, Exhaust Fan, Convection Oven, Tankless Water Heater, Freezer, Other
Address Map
US
FL
Pinellas
St Petersburg
PINE CITY SUB REP
33713
28TH
1615
AVENUE
W83° 20' 40.5''
N27° 47' 51.9''
Head south on I-275 S. Take exit 25 for 38th Ave N. Turn left onto 38th Ave N. Turn right onto 16th St N. Turn right onto 28th Ave N. Your destination will be on the right.
33713 - St Pete
N
Neighborhood
Woodlawn Elementary-PN
St. Petersburg High-PN
Meadowlawn Middle-PN
Additional Info
PREMIER SOTHEBY'S INTL REALTY
Aimee Smith
$0
$0
Additional Information
: Street Lights
: Vinyl Siding
: Block
1
: One
: Sidewalk, Landscaped, City Limits, Street Brick
47x134
5
2025-05-23
https://arnold-novak-photography.aryeo.com/videos/01958525-7633-7396-a23f-fc5f44a0ae2f
: Public
2032
Financial
9181.26
Listing Information
260045567
260033547
Cash,Conventional,VA Loan
Active
2025-05-24T10:53:40Z
Stellar
: None
2025-05-23T20:53:38Z
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Contact Agent
Contact Us
407-615-0866