5111 1ST AVENUE S
ST PETERSBURG, FL, 33707
$917,400
5 Beds
4 Baths
2,793 SqFt
0.11 Acres
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MLS #TB8559521 image #0
Wow is the Word for this Completely Updated Tri-Plex! Great Cash Flow for this Block Construction Complex off Central Ave. and Close to Bus line. All 3 Units come with an Assigned Carport Space and an individual Storage room. On-Site Laundry Room also brings in additional Cash Flow. This complex has been exceptionally well maintained. Beautiful landscape and walkways plus plenty of parking. Here are the Specs: 2,793 SF heated, 4,344 SF under roof Triplex – 2/2, 2/1, 1/1. Upgrades in 2023: All new kitchen appliances 2023 in all units – side by side fridge with water and ice, range, hood, sinks, faucets and dishwasher, 2023 kitchen cabinet refresh and upgraded doors and paint. All bathroom’s new tile, toilets, faucets and vanities. 2020 new hot water heaters, 2023 new interior paint, 2023 new exterior primer and paint. 2023 new gutters with leaf guard. 2023 commercial grade exterior epoxy on all exterior walkways, carport and stairs. 2023 new LVP heavy duty flooring. 2023 new ceiling fans. 2022/23 new hurricane windows and front doors on all units. 2023 new washer/dryer and digital programmable locks on laundry entrances. All serious Investors must show Proof of Funds or Pre-Approval letter to schedule a viewing of all 3 units because it is all fully rented and we don’t want to disturb the tenants unless Buyer is very serious. The rents stated are Actual rents not Expected. High and Dry. No Flood Insurance Needed. Each unit has a separate electric meter.

Property Details

Price:
$917,400
MLS #:
TB8559521
Status:
Active
Beds:
5
Baths:
4
Type:
Multi Family
Subtype:
Triplex
Subdivision:
CENTRAL AVE HOMES
Neighborhood:
33707stpetesouthpasadenagulfportstpetebch
Listed Date:
Oct 19, 2026
Finished Sq Ft:
2,793
Total Sq Ft:
4,344
Lot Size:
5,001 sqft / 0.11 acres (approx)
Year Built:
1971
Units:
3
33707 – St Pete/south Pasadena/gulfport/st Pete Bch33707stpetesouthpasadenagulfportstpetebchCentral Ave HomesAll Lease Restrictions Per City Zoning1 Month

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Schools

Interior

Appliances
Dishwasher, Electric Water Heater, Ice Maker, Range, Range Hood, Refrigerator
Cooling
Central Air
Flooring
Ceramic Tile, Luxury Vinyl
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Walk-In Closet(s)
Laundry Features
Common Area, Inside, Laundry Room

Exterior

Construction Materials
Block, Stucco
Covered Spaces
3
Exterior Features
Balcony, Sidewalk
Lot Features
Sidewalk
Open Parking YN
1
Parking Features
Covered, Driveway, Guest, Off Street, On Street, Tandem
Patio And Porch Features
Covered, Front Porch
Roof
Shingle
Security Features
Smoke Detector(s)

Financial

Tax Year
2025
Taxes
$7,917

Map

Community

Market Summary

Current real estate data for Multi Family in ST PETERSBURG as of Oct 20, 2026
79
Multi Family Listed
121
Avg DOM
449
Avg $ / SqFt
$758,011
Avg List Price

Property Summary

    Located in the CENTRAL AVE HOMES subdivision, 5111 1ST AVENUE S ST PETERSBURG FL is a Multi Family for sale in ST PETERSBURG, FL, 33707. It is listed for $917,400 To schedule a showing of MLS#tb8559521 at 5111 1ST AVENUE S in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.

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5111 1ST AVENUE S
ST PETERSBURG, FL