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$685,000
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Property Description
A standout income-producing opportunity, 135 N.E. Madison Circle N. delivers the kind of reliability, condition, and location that investors look for but rarely find. This well-kept five-unit building features four 1-bedroom residences and one spacious 2-bedroom unit, offering a balanced mix of rental appeal and steady occupancy. The exterior presents beautifully, with clean lines, fresh paint from just a couple of years ago, and new gutters that efficiently manage rainwater. Each unit is equipped with a screen door, allowing residents to enjoy natural airflow and Florida's breezes. Inside, Units #1, #4, and #5 have been upgraded with new baths, kitchen cabinetry, and appliances, elevating both comfort and rental value. Every resident benefits from separate water and sewer meters, a rare and desirable feature that keeps operating expenses predictable and streamlined. There is a Strong Appeal for Tenants as The property sits just off the highly traveled 4th Street N. corridor, one of St. Petersburg's most convenient and amenity-rich stretches. Shopping, restaurants, grocery stores, automotive services, and countless daily conveniences line the corridor, making life easy for residents and keeping demand consistently high. A Location That Drives Long-Term Value Beyond the immediate conveniences, the property is minutes from the world-famous Gulf beaches, St. Pete-Clearwater and Tampa International Airports, and vibrant downtown St. Petersburg. Art, culture, dining, and entertainment-including the renowned Dali Museum-are all within quick reach, reinforcing the property's desirability for both short- and long-term tenants. This is a rare chance to acquire a clean, well-maintained, income-producing asset in one of St. Petersburg's most accessible and high-demand areas. NO HURRICANE OR FLOOD DAMAGE !
Full Property Details
Full Property Details for 135 NE Madison Cir N
General
- Sold For: $685,000
- Taxes: $8,641 (2025)
- Status: Closed
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: TB8482251
- Added to Site: 70 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Ceiling Fan(s), Kitchen and Family Room Combination, Open Floorplan, Walk-In Closet(s)
- Appliances: Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Rain Gutters, Sidewalk
Location
- Area: 33702 - St Pete
- County: Pinellas
- Development Name: 33702 - St Pete
- Subdivision: NORTH ST PETERSBURG
- Driving Directions: 4th Street N. Turn East onto N.E. Madison Circle N. follow 1 Block to 135 N.E. Madison circle on your left.
School Information
- Elementary School: Shore Acres Elementary-PN
- Middle School: Meadowlawn Middle-PN
- High School: Northeast High-PN
Community
- Community Name: 33702 - St Pete
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Public
Structural Information
- # Buildings: 1
- Exterior Const.: Stucco
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,899
- Sq. Ft. Source: Public Records
- Living Area: 2,899 Sq. Ft.
- Year Built: 1972
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,258
- Lot Size: 10258
- Lot Dimensions: 82 x 130
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $8,641.04
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: NORTH ST PETERSBURG BLK 9, LOT 17 & NW'LY 1/2 OF LOT 18
- Flood Zone Info: AE
- APN: 313017611460090170
- Property ID: 313017611460090170
- Block/Lot/Section: 9
Listed by Bhhs Florida Properties Group
Sold by Stellar Non-Member Office
Get Pre-Approved Today
Schools
Schools serving 135 NE Madison Cir N
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Northeast High School, St. Petersburg, FL 5500 16th St N, St. Petersburg, FL 33703 | 9-12 | 1.3 mi |
Shore Acres Elementary School 1800 62nd Ave Ne, St. Petersburg, FL 33702 | PK-5 | 1.6 mi |
Meadowlawn Middle School 6050 16th St N, St. Petersburg, FL 33703 | 6-8 | 1.2 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 135 NE Madison Cir N
Date
Details
Price
Change
Source
4/09/2026
Sold
$685,000
-2.14%
MLS
3/18/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
135 NE Madison Circle N, Saint Petersburg, FL 33702 (MLS# TB8482251) is a Single Family property that was sold at $685,000 on April 09, 2026. Want to learn more about 135 NE Madison Circle N? Do you have questions about finding other Single Family 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.

