5200 3RD AVENUE S, St. Petersburg, FL, 33707 | $690,000

**For Sale: Charming Triplex in Vibrant Saint Petersburg**

Discover an exceptional investment opportunity or multi-generational living option in the heart of Saint Petersburg! This well-maintained three-unit property offers a perfect blend of classic charm and modern convenience, ideal for owner-occupants or savvy investors.

**Property Highlights: **

- **Main Front House (Detached): ** Spacious 3-bedroom, 1-bath home with an open layout, abundant natural light, and timeless character. Perfect for a primary residence or premium rental, featuring a private yard and ample living space for comfort and functionality.

- **Two-Story Rear Building: ** Two separate 2-bedroom, 1-bath units, each thoughtfully designed for modern living. These bright and airy apartments offer flexibility for tenants, extended family, or short-term rentals, with independent access and cozy layouts.

- **Prime Location: ** Nestled in a sought-after Saint Petersburg neighborhood, this property is minutes from downtown’s bustling shops, restaurants, and cultural attractions. Enjoy proximity to parks, beaches, and excellent transit options, making it a tenant’s dream.

- **Investment Potential: ** With three distinct units, this triplex offers multiple income streams or the opportunity to live in one unit while renting the others. The property’s versatility and strong rental demand in Saint Petersburg make it a smart addition to any portfolio.

- **Additional Features: ** Off-street parking, updated systems, and low-maintenance landscaping ensure ease of ownership. Each unit is equipped with essential appliances and offers private outdoor space for relaxation.

Don’t miss this rare chance to own a triplex in one of Florida’s most desirable cities! Whether you’re looking to invest, downsize, or create a family compound, this property delivers endless possibilities. Schedule a showing today to explore its full potential!

Features

  • Bedrooms: 7
  • Units: 3
  • Lot Size: 50 x 127
  • Laundry: Laundry Closet
  • Year Built: 1925
  • Heating: Central
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 2,288
  • Acreage: 0.15
  • Lot Size: 50 x 127
  • Est. Taxes: $6,605
  • Lot Desc: Corner Lot
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • MLS#: TB8381203
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8381203/52003rdavenues_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/6/2025 1:06:26 AM)
Listing courtesy of VINE REAL ESTATE ADVISORS   Phone: 813-833-4396

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5200 3RD AVENUE S, St. Petersburg, FL, 33707

$690,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $552,000 $552,000 $552,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.050% 6.132%
Monthly Tax Payment $550 $550 $550
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,444 $3,626 $4,621
Total Monthly Payment $4,086 $4,268 $5,263

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.