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Active - Triplex for sale
512 88TH AVENUE N, St. Petersburg, FL
Facts & features
Why you’ll love it
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!
Listings courtesy of PEOPLE'S CHOICE REALTY SVC LLC as distributed by MLS GRID.
Listed by: Matthew Brye • mattbrye@gmail.com • PEOPLE'S CHOICE REALTY SVC LLC
Co-listed by: PEOPLE'S CHOICE REALTY SVC LLC
Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8559506
Based on info available as of Nov 14, 2026 at 2:01 PM EST.
Come see by yourself
Affordability
$2,336/mo
- Mortgage$2,018
- Property tax$319
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$7,980 Credit back
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Travel times
About Kelly John Alex-Bruce Sub
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone AE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. 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.
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$7,980 Credit back
