Incredible Investment Opportunity in the Heart of St. Petersburg! This fully upgraded income-producing property offers the perfect blend of modern comfort and unbeatable location. Renovated top-to-bottom in 2022, the main house features 3 spacious bedrooms, 2.5 luxurious baths, and an attached garage—all with a bright, open floor plan. Upgrades include new electrical, new kitchen, new bathrooms, new flooring, new windows, and new appliances. Plus, enjoy peace of mind with a 2021 A/C and 2020 roof—truly nothing has been overlooked! On the same property, you’ll find a second fully updated building offering two separate units. The lower unit includes 1 bedroom and 1 bath, while the upper unit offers 2 bedrooms and 1 bath. Both units have private entrances, individual mailboxes, and share a convenient laundry room. Located just minutes from the St. Pete Pier, vibrant downtown shopping, and top-rated restaurants, this property is ideal for investors or those seeking multi-generational living. With ample parking, no HOA, and no flood zone, this one checks all the boxes!
For sale
$649,900
1316 Melrose Ave S, Saint Petersburg, FL 33705
6beds
4baths
2,407sqft
Est.:
Triplex, Multi Family
Built in 1939
-- sqft lot
$-- Zestimate®
$270/sqft
$-- HOA
What's special
Modern comfortRenovated top-to-bottomPrivate entrancesSecond fully updated buildingSpacious bedroomsNew appliancesBright open floor plan
- 3 days
- on Zillow |
- 336 |
- 24 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 08:26am
Listing Provided by:
Mary Dorey 727-505-9490,
EXP REALTY LLC 727-224-1234
Source: Stellar MLS,MLS#: W7874148
Originating MLS: Pinellas Suncoast


Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Ceiling Fan(s), High Ceilings
- Has fireplace: No
Interior area
- Total interior livable area: 2,407 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Exterior features: Private Mailbox, Sidewalk
Lot
- Size: 6,046 Square Feet
- Dimensions: 52 x 117
Details
- Parcel number: 253116288720000140
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Block, Stucco
- Foundation: Block
- Roof: Membrane,Shingle
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: FOREMANS SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $339,977
- Annual tax amount: $7,373
- Date on market: 4/23/2025
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
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