Turnkey Investment Opportunity! This beautifully updated 1-bedroom, 1-bathroom condo offers the perfect combination of modern updates and immediate rental income. The unit is currently leased for $1,450/ month through July 31st 2027, providing a reliable income stream from day one.
Recent improvements include new luxury flooring in the bedroom and fresh interior paint (2025), Weather Tite hurricane-impact windows (2022), a new A/C system (2023), and an updated kitchen featuring newer appliances. These thoughtful upgrades make this home both attractive to tenants and low maintenance for the next owner.
An added bonus for investors is that the HOA fee was reduced beginning in January 2026, helping improve the property’s overall affordability and long-term investment potential.
Whether you’re looking to expand your investment portfolio or purchase a move-in-ready condo with future flexibility, this property checks all the boxes. Conveniently located just minutes from the Skyway Marina District, downtown St. Petersburg, Gulf beaches, shopping, dining, and major highways, you’ll enjoy easy access to everything the area has.
This is a rare opportunity to own a well-maintained, income-producing property in one of St. Petersburg’s growing areas. With a stable tenant already in place, recent capital improvements completed, lower HOA fees, and major system updates already taken care of, this condo is an excellent addition to any investment portfolio or a smart purchase for a future owner-occupant.
Recent improvements include new luxury flooring in the bedroom and fresh interior paint (2025), Weather Tite hurricane-impact windows (2022), a new A/C system (2023), and an updated kitchen featuring newer appliances. These thoughtful upgrades make this home both attractive to tenants and low maintenance for the next owner.
An added bonus for investors is that the HOA fee was reduced beginning in January 2026, helping improve the property’s overall affordability and long-term investment potential.
Whether you’re looking to expand your investment portfolio or purchase a move-in-ready condo with future flexibility, this property checks all the boxes. Conveniently located just minutes from the Skyway Marina District, downtown St. Petersburg, Gulf beaches, shopping, dining, and major highways, you’ll enjoy easy access to everything the area has.
This is a rare opportunity to own a well-maintained, income-producing property in one of St. Petersburg’s growing areas. With a stable tenant already in place, recent capital improvements completed, lower HOA fees, and major system updates already taken care of, this condo is an excellent addition to any investment portfolio or a smart purchase for a future owner-occupant.
Property Details
Price:
$88,500
MLS #:
TB8526752
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
WAVE THE CONDO
Neighborhood:
33712stpete
Listed Date:
Jul 8, 2026
Finished Sq Ft:
708
Total Sq Ft:
708
Year Built:
1962
See this Listing
Schools
Interior
Appliances
Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Luxury Vinyl, Tile
Heating
Central
Interior Features
Thermostat
Laundry Features
Laundry Room
Levels
One
Exterior
Community Features
Community Mailbox, Fitness Center, Pool
Construction Materials
Concrete
Direction Faces
South
Exterior Features
Balcony
Roof
Metal
Window Features
Storm Window(s)
Financial
HOA Fee
$599
HOA Fee Frequency
Monthly
HOA Includes
Cable TV, Community Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
HOA Name
dave troy
Tax Year
2025
Taxes
$619
Map
Community
- Address3315 58TH AVENUE S UNIT 314 ST PETERSBURG FL
- SubdivisionWAVE THE CONDO
- CityST PETERSBURG
- CountyPinellas
- Zip Code33712
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Condo in ST PETERSBURG as of Aug 29, 2026
931
Condo Listed
132
Avg DOM
353
Avg $ / SqFt
$527,544
Avg List Price
Property Summary
- Located in the WAVE THE CONDO subdivision, 3315 58TH AVENUE S UNIT 314 ST PETERSBURG FL is a Condo for sale in ST PETERSBURG, FL, 33712. It is listed for $88,500 and features 1 beds, 1 baths, and has approximately 708 square feet of living space, and was originally constructed in 1962. The current price per square foot is $125. The average price per square foot for Condo listings in ST PETERSBURG is $353. The average listing price for Condo in ST PETERSBURG is $527,544. To schedule a showing of MLS#tb8526752 at 3315 58TH AVENUE S UNIT 314 in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of CENTURY 21 INTEGRA. 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. 3315 58TH AVENUE S UNIT 314
ST PETERSBURG, FL
