521 88TH AVE N, ST PETERSBURG, FL, 33702
$399,000
Residential Income
Living Area
1,352 Sqft
Lot Size
6,425 Sqft
This rare investment opportunity offers solid construction, prime location, and strong upside in the heart of St. Petersburg. Centrally located just minutes from downtown, waterfront parks, shopping, and award-winning Gulf beaches, 521 88th Ave N blends durability and location with serious investment potential. Built in 1973 with concrete block construction, this income-producing duplex features two separate 2-bedroom, 1-bathroom units, each offering central heat and air, private storage rooms with washer/dryer hookups, and individual electric and water meters, allowing tenants to pay their utilities. The back unit enjoys private alley access with its own dedicated parking space, offering additional convenience and flexibility. Several important upgrades are already in place, including a newer roof installed in 2017 and brand-new windows that have been fully paid for and are scheduled to be installed by mid-July 2025. Located on a quiet residential street yet close to downtown St. Pete’s vibrant restaurant scene, shopping, arts, waterfront parks, and both St. Pete–Clearwater and Tampa International Airports, it offers unbeatable accessibility for future tenants and owners alike. Importantly, the property experienced its first storm-related impact during hurricanes of 2024, but had no previous history of flooding, highlighting its location within a historically stable and high-demand part of the city. Whether you’re looking to expand your investment portfolio, live in one unit while renting the other, or capitalize on Tampa Bay’s ongoing growth, 521 88th Ave N is a rare opportunity that combines strong rental potential, flexible use, and an exceptional location. Easy to show — schedule your private tour today!
Property Details
Property Features Property Features
MLS ID: MFRTB8379363 Year Built: 1973
Construction Materials: Block Cooling: Central Air
Country: US County Or Parish: Pinellas
Exterior Features: Fence, Private Mailbox, Storage Foundation Details: Slab
Heating: Central Laundry Features: Electric Dryer Hookup, Other, Washer Hookup
Listing Agreement: Exclusive Agency Listing Terms: Cash, Conventional
Lot Features: Paved Other Structures: Storage
Property Condition: Completed Property Sub Type: Duplex
Property Type: Residential Income Road Surface Type: Asphalt, Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: 24 Hour Notice, Call Before Showing, Combination Lock Box Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected View: City
Water Source: Public
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