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!
For sale
Price cut: $20K (6/25)
$399,000
521 88th Ave N, Saint Petersburg, FL 33702
4beds
2baths
1,352sqft
Est.:
Duplex, Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$295/sqft
$-- HOA
What's special
Private alley accessBrand-new windowsCentral heat and airDedicated parking space
- 127 days
- on Zillow |
- 527 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 03:15pm
Listing Provided by:
Stephen Meyer, Jr 813-323-2468,
SERHANT 646-480-7665
Source: Stellar MLS,MLS#: TB8379363
Originating MLS: Orlando Regional

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
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Other, Washer Hookup
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Thermostat
- Has fireplace: No
Interior area
- Total interior livable area: 1,352 sqft
Video & virtual tour
Property
Features
- Exterior features: Private Mailbox, Storage
- Fencing: Fenced
- Has view: Yes
- View description: City
Lot
- Size: 6,425 Square Feet
- Dimensions: 50 x 127
Details
- Additional structures: Storage
- Parcel number: 193017456840000180
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: KELLY JOHN ALEX-BRUCE SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $245,000
- Annual tax amount: $4,384
- Date on market: 4/30/2025
- Cumulative days on market: 127 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
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