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For sale
  • Price cut: $100 (6/25)
    $449,800

    245 - 247 38TH AVENUE SE, ST PETERSBURG, FL 33705

    6beds
    4baths
    2,140sqft
    : 
    $3,044/mo
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    Duplex, Multi Family
    Built in 1959
    -- sqft lot
    $438,900 Zestimate®
    $210/sqft
    $-- HOA

    What's special

    Central air conditioningUpdated flooring
    Income-producing duplex opportunity in St. Petersburg. Comes with Americas Preferred 1 Year Home Warranty. This solid concrete block multi-family property features two spacious 3-bedroom, 2-bathroom units, offering strong rental appeal in a high-demand area for both long-term tenants and investors. Each unit provides a functional layout with updated flooring, refreshed kitchens with stone countertops and tile backsplash, and renovated bathrooms with modern subway tile finishes. Large windows bring in natural light, creating comfortable and attractive living spaces for tenants. The property offers approximately 2,140 square feet of heated living space and sits on a 75 x 90 lot in the Lewis Island area, just minutes from downtown St. Petersburg, waterfront parks, shopping, dining, and major commuter routes. Central air conditioning adds to tenant comfort and long-term rental stability. With two large 3-bedroom units, this property provides strong income potential and flexibility for investors seeking cash flow, portfolio expansion, or a house-hack opportunity by living in one unit and renting the other. St. Petersburg continues to see strong rental demand, making this a compelling opportunity to acquire a multi-family property in a growing market. **Each unit has its own meters (water and electric) Seller is not interested in owner/seller financing type offers.
    166 days
    |
    625
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brenda Bianchi 727-595-7653,

    BIANCHI REALTY & PROPERTY MANAGEMENT INC. 727-595-7653

    Source: Stellar MLS,MLS#: TB8482974MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Range, Refrigerator
      • Laundry: Inside
      Features
      • Ceiling Fan(s), Living Room/Dining Room Combo
      • Flooring: Ceramic Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 2,356
      • Total interior livable area: 2,140 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: None, Parking Pad
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: None
      • Fencing: Fenced
      Lot
      • Size: 6,922 Square Feet
      • Dimensions: 75 x 90
      • Features: City Lot, Landscaped
      Details
      • Parcel number: 313117514980170080
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Public, Sewer Available, Water Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: LEWIS ISLAND SEC 3
      HOA
      • Has HOA: No
      Location
      • Region: Saint Petersburg

      Financial & listing details

      • Price per square foot: $210/sqft
      • Annual tax amount: $6,421
      • Date on market: 3/4/2026
      • Cumulative days on market: 121 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Lease term: 12 Months
      • Total actual rent: 3450
      • Tenant pays: Electricity, Sewer, Trash Collection
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $438,900

        $417,000 - $461,000

        $2,011/mo

        Price history

        DateEventPrice
        6/25/2026Price change$449,8000%$210/sqft
        Source: My State MLS #11666834 Report a problem
        4/25/2026Price change$449,900-5.3%$210/sqft
        Source: Stellar MLS #TB8482974 Report a problem
        3/4/2026Listed for sale$474,900$222/sqft
        Source: My State MLS #11666834 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Coquina Key

        Getting around

        25 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lakewood Elementary-PN
        • Middle: Bay Point Middle-PN
        • High: Lakewood High-PN

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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