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$425,000
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Property Description
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.
Full Property Details
Full Property Details for 1204 38th Ave N
General
- Price: $425,000
- Taxes: $5,310 (2025)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8505723
- Updated: 7/3/2026
- Added to Site: 65 day(s) ago
Interior
- Interior Features: Thermostat, Window Treatments
- Fireplace: Yes
- Fireplace(s): Wood Burning
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Balcony
Location
- Area: 33704 - St Pete/Euclid
- County: Pinellas
- Development Name: 33704 - St Pete/Euclid
- Subdivision: BOARDMAN & GOETZ GARDENS TRACTS
- Driving Directions: heading west on 38th ave n property is located on left side just past 12th st
Community
- Community Name: 33704 - St Pete/Euclid
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Vinyl Siding
- Roof: Shingle
- Square Feet: 1,501
- Sq. Ft. Source: Public Records
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,750
- Lot Size: 5750
- Lot Dimensions: 50 x 115
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $5,310.05
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: BOARDMAN & GOETZ GARDENS TRACTS E 50FT OF LOT 2 LESS N 6FT MOL FOR R/W
- Flood Zone Info: X
- APN: 123116094860000020
- Property ID: 123116094860000020
Listed by Water's Edge Realty Inc
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Schools
Schools serving 1204 38th Ave N
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
John M. Sexton Elementary School 1997 54th Ave N, St. Petersburg, FL 33714 | PK-5 | 1.2 mi |
Meadowlawn Middle School 6050 16th St N, St. Petersburg, FL 33703 | 6-8 | 1.5 mi |
St. Petersburg High School 2501 5th Ave N, St. Petersburg, FL 33713 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1204 38th Ave N
Date
Details
Price
Change
Source
7/03/2026
Price Reduced
$425,000
-10.53%
MLS
5/27/2026
Price Reduced
$475,000
-2.86%
MLS
5/18/2026
Price Reduced
$489,000
-2%
MLS
5/08/2026
Listed
$499,000
99.6%
MLS
7/31/2018
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1204 38th Ave N
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,585
—
$340,000
17%
2024
$4,585
9%
$290,000
14%
2023
$4,191
16%
$255,000
26%
2021
$3,618
-4%
$202,800
-8%
2022
$3,771
4%
$220,000
52%
2021
$3,618
3%
$144,466
-11%
2019
$3,505
51%
$162,575
54%
2018
$2,320
1%
$105,812
-13%
2017
$2,298
12%
$121,988
21%
2016
$2,050
11%
$100,820
19%
2015
$1,852
12%
$84,685
17%
2014
$1,655
6%
$72,442
1%
2013
$1,566
—
$71,595
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1204 38th Ave N
1204 38th Avenue N, Saint Petersburg, FL 33704 (MLS# TB8505723) is a Triplex property with 3 bedrooms and 0 full bathrooms. 1204 38th Avenue N is currently listed for $425,000 and was received on May 08, 2026. Want to learn more about 1204 38th Avenue N? Do you have questions about finding other Triplex real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.

