Turnkey Investment Opportunity – Two Fully Leased Homes in Prime St. Petersburg Location! Excellent opportunity to own two income-generating properties in a highly desirable area of St. Petersburg. Each property features 2 bedrooms and 1 bathroom, and both are currently leased with active tenants, providing strong, immediate cash flow. The first home has been completely renovated with modern upgrades throughout, while the second home, built in 2019, offers the advantages of newer construction and zero renovation needs. Both homes are low-maintenance and ideal for investors seeking a worry-free portfolio addition. Located in a growing neighborhood with high rental demand, this package delivers long-term value and solid returns.
New construction
$679,000
5111 28th Ave N, Saint Petersburg, FL 33710
4beds
2baths
1,549sqft
Est.:
Duplex, Multi Family
Built in 1953
-- sqft lot
$661,200 Zestimate®
$438/sqft
$-- HOA
What's special
Newer constructionModern upgrades
- 2 days
- on Zillow |
- 248 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: August 09, 2025 at 03:51am
Listing Provided by:
Claudia Varela 727-851-0638,
COLDWELL BANKER PICKETT FENCES REALTY 727-395-9492
Source: Stellar MLS,MLS#: TB8415253
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: 2
Heating
- Central, Other
Cooling
- Central Air, Ductless
Appliances
- Included: Cooktop, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside
Features
- Ceiling Fan(s), Living Room/Dining Room Combo
- Doors: French Doors, Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 1,655
- Total interior livable area: 1,549 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Private Mailbox
- Fencing: Fenced
Lot
- Size: 7,723 Square Feet
- Dimensions: 61 x 127
Details
- Parcel number: 093116860940020130
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: Yes
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected
Community & HOA
Community
- Subdivision: SUMMIT GROVE ADD
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $438/sqft
- Tax assessed value: $329,169
- Annual tax amount: $5,458
- Date on market: 8/8/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 4600
- Tenant pays: Electricity, Sewer, Water
- Electric utility on property: Yes
- Road surface type: Paved
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