New Listing
$399,000
 $2,142 est/mo Sourced by Back At You

512 88th Ave N,ST PETERSBURG, FL 33702

ST PETERSBURG, FL 33702

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Description

Great investment opportunity in St. Petersburg with existing rental income and excellent expansion potential! This property features two separate 1-bedroom, 1-bathroom units, **both currently tenant-occupied and generating rental income**, along with a detached 2-car garage that has been rented separately for storage, providing an additional income stream. A major highlight of this property is the **City of St. Petersburg-approved building plans and permit for a third residential unit!** The planned addition consists of a 2-bedroom, 1-bathroom unit above the existing detached garage, while preserving the 2-car garage below for continued use or potential rental income. The approved building plans and permit convey with the sale, saving the new owner the considerable expense of having plans prepared and the time involved in obtaining city approvals and permits. This provides a significant head start for an investor looking to maximize the property's income potential. With two existing income-producing units, the opportunity to add a third residential rental unit, and additional garage rental income, this property offers excellent potential for increased cash flow and long-term investment value!

Details

MLS #TB8559506
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Year1958
Days On Site3
Listing Provided ByPEOPLE'S CHOICE REALTY SVC LLC | Matthew Brye

Features

Bed(s)4
Bath(s)3
SQ Feet816
Units3
Acreage0.15

Taxes

Property3824

Area Information

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33702
Area33702 St Pete
Community NameKELLY JOHN ALEX BRUCE SUB
Listing VS Median (in KELLY JOHN ALEX BRUCE SUB)
Price:
$399,000
low | high
Med:
$399,000
50% of Average
sqft:
816
low | high
Med:
816
50% of Average
$ / sqft:
$489
low | high
Med:
$489
50% of Average
On site:
3
low | high
Med:
3
100% of Average
Sourced by Back At You

Market Activity 33702

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 25, 2026 at 2:43:27 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33702
Area33702 St Pete
Community NameKELLY JOHN ALEX BRUCE SUB
Listing VS Median (in KELLY JOHN ALEX BRUCE SUB)
Price:
$399,000
low | high
Med:
$399,000
50% of Average
sqft:
816
low | high
Med:
816
50% of Average
$ / sqft:
$489
low | high
Med:
$489
50% of Average
On site:
3
low | high
Med:
3
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $299K - $498K
sqft: 612 - 1,000
Nearby Listings Property ImageNearby Listings Details
231 93RD AVE N Property Photo 1
$315,000
231 93rd Ave N
St Petersburg, FL 33702
Listing Updated: October 23, 2026 at 5:52:53 AM PDT