OFFERED BELOW RECENT APPRAISAL — Meticulously renovated from top to bottom, this multi-unit gem in the heart of St. Pete is truly turn-key. Every inch has been thoughtfully upgraded — from new roofs, windows, plumbing, and electrical to all-new modern finishes, landscaping, and hardscaping. TOO MANY IMPROVEMENTS TO LIST — ASK FOR THE FULL SCOPE OF WORK AND PERMITS, ALL CLOSED. Set on a wide corner lot along St. Pete’s iconic red brick roads, this fully stabilized compound includes four 1-bed, 1-bath residences — each with a flexible bonus room perfect for an office or guest space — and a detached garage-turned-lounge or optional on-site manager’s suite. Zoned for 30-day minimum rentals but ideal for long-term tenants, every unit is separately metered and fully furnished with kitchenware, linens, and décor, making it truly plug-and-play. Extensive improvements include new roofs on all 5 structures (2022), new vinyl siding, impact-rated windows and doors, updated HVAC systems, new electrical panels and wiring, new plumbing supply and drain lines, and energy-efficient water heaters. Interiors feature granite countertops, modern cabinetry, luxury vinyl plank flooring, updated fixtures, and recessed lighting. The property also includes a standalone commercial-grade laundry building with brand-new coin-operated appliances, providing added convenience and additional income potential. The central courtyard is a showstopper — with café string lighting, new pavers, tropical landscaping, and curated gathering areas that create a boutique hotel-style atmosphere. Select units even feature custom murals that add charm and a touch of art-forward identity. Located just minutes to Crescent Lake, downtown St. Petersburg, The Pier, Tropicana Field, Gulf beaches, and I-275 — and only 20 minutes from Tampa International — this is a rare chance to own a cash-flow-ready, personality-driven investment in a high-demand rental corridor.
For sale
Price cut: $25K (6/24)
$950,000
1615 28th Ave N, Saint Petersburg, FL 33713
4beds
4baths
1,972sqft
Est.:
Quadruplex, Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$482/sqft
$-- HOA
What's special
Red brick roadsCentral courtyardUpdated fixturesGranite countertopsNew roofsCustom muralsModern cabinetry
- 71 days
- on Zillow |
- 451 |
- 44 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 03:25pm
Listing Provided by:
Aimee Smith 727-304-8776,
PREMIER SOTHEBY'S INTL REALTY 727-595-1604
Source: Stellar MLS,MLS#: TB8389218
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Rooms
- Room types: Bonus Room, Den/Library/Office, Garage Apartment
Heating
- Electric, Space Heater, Wall Units / Window Unit
Cooling
- Ductless, Wall/Window Unit(s)
Appliances
- Included: Convection Oven, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Other, Refrigerator, Tankless Water Heater, Washer
- Laundry: Common Area, In Garage, Laundry Room, Other
Features
- Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Other, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters
- Flooring: Luxury Vinyl, Tile
- Doors: Outdoor Grill
- Windows: Blinds, Double Pane Windows, Storm Window(s), Wood Frames, Hurricane Shutters
- Has fireplace: No
Interior area
- Total structure area: 2,032
- Total interior livable area: 1,972 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Covered, Garage Faces Rear, Ground Level, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Patio, Porch
- Exterior features: Garden, Outdoor Grill, Sidewalk
- Fencing: Fenced
Lot
- Size: 6,364 Square Feet
- Dimensions: 47 x 134
- Features: City Lot, Landscaped, Sidewalk, Veg. (Productive) Garden
Details
- Parcel number: 123116691020060130
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Public, Street Lights, Water Connected
Green energy
- Indoor air quality: Ventilation
Community & HOA
Community
- Security: Security Lights, Smoke Detector(s)
- Subdivision: PINE CITY SUB REP
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $482/sqft
- Tax assessed value: $480,000
- Annual tax amount: $9,181
- Date on market: 5/23/2025
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Brick
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