2510 16th Avenue N, St Petersburg, FL 33713

$895,000
5
BD
4
BA
2,244
SqFt

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Sold Price
$895,000
List Price
$895,000
Status
SOLD
Days on Market
12
Closing Date
Aug 20, 2026
MLS#
TB8525945
Subtype
Residential Income
Style
Two Story
Year Built
2023
Bedrooms
5
Bathrooms
4
Living Area
2,244
Lot Size
5,624
Acres
0.13
Subdivision
Avalon
Building Name
Kenwood Commons
MLS Area Major
St Pete

Property Description

A 1031 Buyer or House Hacker's Dream! This rare, fully legal, and licensed triplex in sought-after North Kenwood is a true plug-and-play asset! The property is fully furnished and occupied with 5 income streams, averaging over $7,250/mo in rental income (2025 actual). The main home is a 3/2 block home custom-built by the seller in 2023, consistently rented by the room to three separate roommates (T-12 occupancy 96%) and averaging around $3,800/mo in rental income. The rear building is a 1950s block structure that was completely renovated in 2022 to include new electrical, plumbing, and central HVAC; the rear bldg roof was replaced in 2020. This rear building is a 2-story up-and-down duplex with two fully furnished 1/1 apartments averaging $2,000/mo each (T-12 occupancy 97 %, with only 14 nights of vacancy between the two apartments). The property attracts snowbirds, digital nomads, and returning annual guests, and is professionally managed with a comprehensive tech stack that includes dynamic pricing, listing syndications, and smart integrations (ongoing management is available for a true hands-free investment).High and dry with no flood insurance requirement or HOA, the property features three electric meters, 5 parking spaces, and a shared paver patio courtyard with a BBQ and fire pit. All three units have indoor laundry and central HVAC. Survey, 4-point, wind mitigation, rental license, and other documentation are attached. A 1031 buyer could snap this up with low/no debt service and utmost confidence in high occupancy/income and very low CapEx, while a house-hacker could pick this up with as little as 5% down (or less for FHA/VA), occupy any of the units, and still maintain 4 separate income streams! FHA/VA ready with almost no appraisal risk for financed buyers (property appraised for $825k in 2023 upon completion of construction, during a tighter credit market, before utilities were even connected).

Additional Information

Interior Features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
Exterior Features
Courtyard, Fence, Fire Pit, Sidewalk
Financing
Cash, Conventional, FHA, VA Loan
Location
City Limits, Landscaped, Level, Near Public Transit, Sidewalk, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Zoning
NT-1
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Courtyard, Fence, Fire Pit, Sidewalk
Levels
Two
Roof
Shingle
Foundation
Slab
Parking
Driveway, Ground Level, Guest, Off Street
Parking Features
Driveway, Ground Level, Guest, Off Street
Garage Features
Driveway, Ground Level, Guest, Off Street
Elementary School
Woodlawn Elementary-Pn
Middle School
John Hopkins Middle-Pn
High School
St. Petersburg High-PN
View
City, Garden

Listing courtesy of COPELAND MORGAN LLC. 727-235-7988

Selling Office: INTERNATIONAL TOP AGENTS REALTY.

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