There are multiple listings for this address:
623 MOUND PARK WAY S
ST PETERSBURG, FL, 33701
$799,000
3 Beds
3 Baths
1,510 SqFt
0.04 Acres
Add
MLS #TB8551283 image #0
Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location

Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district.

All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units.

The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside.

This is a turnkey triplex in one of Florida’s most desirable downtowns, a strong addition to any portfolio.

Property Details

Price:
$799,000
MLS #:
TB8551283
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Triplex
Subdivision:
NICHOLSONS J W SUB
Neighborhood:
33701stpete
Listed Date:
Sep 22, 2026
Finished Sq Ft:
1,510
Total Sq Ft:
1,888
Lot Size:
1,625 sqft / 0.04 acres (approx)
Year Built:
1921
33701 – St Pete33701stpeteNicholsons J W Sub

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Schools

Interior

Cooling
Mini-Split Unit(s)
Heating
Wall Units / Window Unit
Interior Features
Ninguno
Laundry Features
Other

Exterior

Construction Materials
Wood Frame
Exterior Features
French Doors, Lighting
Roof
Shingle

Financial

Tax Year
2025
Taxes
$7,890

Map

Community

Market Summary

Current real estate data for Single Family in ST PETERSBURG as of Oct 19, 2026
1,594
Single Family Listed
105
Avg DOM
381
Avg $ / SqFt
$750,117
Avg List Price

Property Summary

    Located in the NICHOLSONS J W SUB subdivision, 623 MOUND PARK WAY S ST PETERSBURG FL is a Single Family for sale in ST PETERSBURG, FL, 33701. It is listed for $799,000 and features 3 beds, 3 baths, and has approximately 1,510 square feet of living space, and was originally constructed in 1921. The current price per square foot is $529. The average price per square foot for Single Family listings in ST PETERSBURG is $381. The average listing price for Single Family in ST PETERSBURG is $750,117. To schedule a showing of MLS#tb8551283 at 623 MOUND PARK WAY S in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.

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623 MOUND PARK WAY S
ST PETERSBURG, FL
623 MOUND PARK WAY S
ST PETERSBURG, FL, 33701
$799,000
Beds
0 Baths
1,510 SqFt
0.04 Acres
Add
MLS #TB8551289 image #0
Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location

Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district.

All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units.

The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside.

This is a turnkey triplex in one of Florida’s most desirable downtowns, a strong addition to any portfolio.

Property Details

Price:
$799,000
MLS #:
TB8551289
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
NICHOLSONS J W SUB
Neighborhood:
33701stpete
Listed Date:
Sep 22, 2026
Finished Sq Ft:
1,510
Total Sq Ft:
1,888
Lot Size:
1,625 sqft / 0.04 acres (approx)
Year Built:
1921
Units:
3
33701 – St Pete33701stpeteNicholsons J W Sub

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Mini-Split Unit(s)
Heating
Wall Units / Window Unit
Interior Features
Ninguno
Laundry Features
Other

Exterior

Construction Materials
Wood Frame
Exterior Features
French Doors, Lighting
Roof
Shingle

Financial

Tax Year
2025
Taxes
$7,890

Map

Community

Market Summary

Current real estate data for Multi Family in ST PETERSBURG as of Oct 19, 2026
1,594
Multi Family Listed
105
Avg DOM
381
Avg $ / SqFt
$750,117
Avg List Price

Property Summary

    Located in the NICHOLSONS J W SUB subdivision, 623 MOUND PARK WAY S ST PETERSBURG FL is a Multi Family for sale in ST PETERSBURG, FL, 33701. It is listed for $799,000 To schedule a showing of MLS#tb8551289 at 623 MOUND PARK WAY S in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.

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