Investor opportunity in the heart of Northeast St. Petersburg! This triplex at 1204 38th Ave N offers strong income potential with a versatile layout and future upside. The standout feature is the spacious upstairs 2-bedroom unit boasting cathedral ceilings, creating an open, airy feel that’s highly desirable for tenants or owner-occupants alike. Situated on a large lot, the property presents a rare opportunity for expansion—explore the potential to add additional units or enhance outdoor living spaces (buyer to verify zoning and development possibilities). Whether you’re looking to generate immediate rental income, live in one unit while renting the others, or maximize value through redevelopment, this property checks multiple boxes. Located in a high-demand area of St. Petersburg, close to downtown, shopping, dining, and major roadways, this is a prime addition to any real estate portfolio.
Property Details
Price:
$399,500
MLS #:
TB8505723
Status:
Pending
Beds:
3
Baths:
3
Type:
Multi Family
Subtype:
Triplex
Subdivision:
BOARDMAN & GOETZ GARDENS TRACTS
Neighborhood:
33704stpeteeuclid
Listed Date:
May 8, 2026
Finished Sq Ft:
1,501
Lot Size:
5,750 sqft / 0.13 acres (approx)
Year Built:
1925
See this Listing
Schools
Interior
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central, Wall Units / Window Unit
Interior Features
Thermostat, Window Treatments
Laundry Features
None
Exterior
Construction Materials
Vinyl Siding
Exterior Features
Balcony
Roof
Shingle
Financial
Tax Year
2025
Taxes
$5,310
Map
Community
- Address1204 38TH AVENUE N ST PETERSBURG FL
- SubdivisionBOARDMAN & GOETZ GARDENS TRACTS
- CityST PETERSBURG
- CountyPinellas
- Zip Code33704
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Multi Family in ST PETERSBURG as of Aug 29, 2026
87
Multi Family Listed
137
Avg DOM
420
Avg $ / SqFt
$732,425
Avg List Price
Property Summary
- Located in the BOARDMAN & GOETZ GARDENS TRACTS subdivision, 1204 38TH AVENUE N ST PETERSBURG FL is a Multi Family for sale in ST PETERSBURG, FL, 33704. It is listed for $399,500 To schedule a showing of MLS#tb8505723 at 1204 38TH AVENUE N in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of WATER’S EDGE REALTY INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1204 38TH AVENUE N
ST PETERSBURG, FL
