1316 MELROSE AVENUE S ST PETERSBURG FL 33705 MLS #W7874148

1316 MELROSE AVENUE S
ST PETERSBURG, FL, 33705
$625,000
3 Beds
2 Baths
2,407 SqFt
0.14 Acres
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Incredible Investment Opportunity in the Heart of St. Petersburg!

This fully upgraded income-producing property offers the perfect blend of modern comfort and unbeatable location. Renovated top-to-bottom in 2022, the main house features 3 spacious bedrooms, 2.5 luxurious baths, and an attached garage—all with a bright, open floor plan. Upgrades include new electrical, new kitchen, new bathrooms, new flooring, new windows, and new appliances. Plus, enjoy peace of mind with a 2021 A/C and 2020 roof—truly nothing has been overlooked!

On the same property, you’ll find a second fully updated building offering two separate units. The lower unit includes 1 bedroom and 1 bath, while the upper unit offers 2 bedrooms and 1 bath. Both units have private entrances, individual mailboxes, and share a convenient laundry room.

Located just minutes from the St. Pete Pier, vibrant downtown shopping, and top-rated restaurants, this property is ideal for investors or those seeking multi-generational living. With ample parking, no HOA, and no flood zone, this one checks all the boxes!
Currently all units are leased, 1/1 and 2/1 are both month to month leases and the 3/2/1 is leased until Jan 31/26.

Property Details

Price:
$625,000
MLS #:
W7874148
Status:
Active
Beds:
3
Baths:
2
Address:
1316 MELROSE AVENUE S
Type:
Multi Family
Subtype:
Triplex
Subdivision:
FOREMANS SUB
Neighborhood:
33705 – St Pete
City:
ST PETERSBURG
Listed Date:
Apr 23, 2025
State:
FL
Finished Sq Ft:
2,407
ZIP:
33705
Lot Size:
6,046 sqft / 0.14 acres (approx)
Year Built:
1939
Units:
3
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Gary Kusher

Gary Kusher

Realtor®

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Schools

Elementary School:
Campbell Park Elementary-PN
Middle School:
John Hopkins Middle-PN
High School:
Gibbs High-PN

Interior

Cooling
Central Air
Heating
Central
Laundry Features
Inside

Exterior

Construction Materials
Block, Stucco
Exterior Features
Private Mailbox, Sidewalk
Roof
Membrane, Shingle

Financial

Tax Year
2024
Taxes
$7,374

Map

Community

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broker reciprocity Courtesy of EXP REALTY LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved.
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1316 MELROSE AVENUE S
ST PETERSBURG, FL