Under contract-accepting backup offers. Welcome to a rare income-producing gem in the heart of St. Petersburg’s beloved Magnolia Heights neighborhood! This fully updated triplex sits on a spacious double lot, with three furnished income-producing units plus an additional empty lot offering future upside. The Numbers: Projected income using a furnished medium-term rental model (30+ days) for the three units is well-suited for St. Pete’s booming travel nurse, remote worker, and snowbird market. Expenses consistently low at ~$16,000–$17,000/year. Detailed month-by-month financials are available to serious buyers upon request through the listing agent. Unit 3314 is a beautifully renovated 1BR/1BA with luxury vinyl flooring, granite countertops, indoor laundry, and a private backyard pergola. Unit 3312 is a charming 2-story 2BR/1BA with alley access, open-concept living, hurricane shutters, and an artificial turf backyard. Unit 3320 mirrors 3312’s layout with all new appliances and updated landscaping. The additional lot offers flexibility for a future build, expanded parking, outdoor entertaining space, or other uses, buyer to verify permitted uses with the city. Every unit features a private fenced backyard, dedicated parking, new AC, smart locks, and separate entrances. NO flood zone. Zero flooding or water damage history. Minutes from Downtown St. Pete, the beaches, St. Pete/Clearwater Airport, and the Tampa Bay healthcare corridor. Detailed financials are available to serious buyers through the listing agent.
376 days
|
251
|
14
|
Zillow last checked:
Listing updated:
Listed by:
Nicole Smith813-601-7769,
MADISON HEIGHTS REALTY GROUP813-915-0030,
Aimee O'Neil813-760-7298,
MADISON HEIGHTS REALTY GROUP
Source: Stellar MLS,MLS#: TB8405558Originating MLS: Suncoast Tampa
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.