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$399,000

  • For Sale
  • Active
  • Triplex
  • 4 Beds
  • 3 Total Baths
  • 816 Sq. Ft.
  • Updated 8 days ago
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Great investment opportunity in St. Petersburg with existing rental income and excellent expansion potential! This property features two separate 1-bedroom, 1-bathroom units, **both currently tenant-occupied and generating rental income**, along with a detached 2-car garage that has been rented separately for storage, providing an additional income stream. A major highlight of this property is the **City of St. Petersburg-approved building plans and permit for a third residential unit!** The planned addition consists of a 2-bedroom, 1-bathroom unit above the existing detached garage, while preserving the 2-car garage below for continued use or potential rental income. The approved building plans and permit convey with the sale, saving the new owner the considerable expense of having plans prepared and the time involved in obtaining city approvals and permits. This provides a significant head start for an investor looking to maximize the property's income potential. With two existing income-producing units, the opportunity to add a third residential rental unit, and additional garage rental income, this property offers excellent potential for increased cash flow and long-term investment value!

Full Property Details for 512 88th Ave N

General

  • Price: $399,000
  • Taxes: $3,824 (2025)
  • Status: Active
  • Type: Triplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8559506
  • Updated: 10/22/2026
  • Added to Site: 9 day(s) ago

Interior

  • Interior Features: Open Floorplan

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Exterior Features: Fenced

Parking

  • Garage: Yes

Location

  • Area: 33702 - St Pete
  • County: Pinellas
  • Development Name: 33702 - St Pete
  • Subdivision: KELLY JOHN ALEX-BRUCE SUB
  • Driving Directions: From 4th Street N, turn west onto 88th Avenue N. Continue to 512 88th Avenue N. Property will be on the left (south side of the street).

Community

  • Community Name: 33702 - St Pete

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Units / Window Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 2
  • Exterior Const.: Asbestos
  • Roof: Shingle
  • Square Feet: 816
  • Sq. Ft. Source: Public Records
  • Year Built: 1958

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,421
  • Lot Size: 6421
  • Lot Dimensions: 50 x 127
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $3,824
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: KELLY, JOHN ALEX-BRUCE SUB LOT 86
  • Flood Zone Info: AE
  • APN: 193017456840000860
  • Property ID: 193017456840000860

Listed by People's Choice Realty Svc Llc

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— 512 88th Ave N —

  • People's Choice Realty Svc Llc

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 512 88th Ave N

School District:Pinellas County School District
NameGradesDistance
Sawgrass Lake Elementary School
1815 77th Ave N, St. Petersburg, FL 33702
PK-51.3 mi
Northeast High School, St. Petersburg, FL
5500 16th St N, St. Petersburg, FL 33703
9-122.3 mi
Meadowlawn Middle School
6050 16th St N, St. Petersburg, FL 33703
6-82 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 512 88th Ave N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2026
Listed
$399,000
30.82%
MLS
2/14/2024
Sold
$305,000
—
Public Record
Get Price Alerts and Save Property
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 for 512 88th Ave N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,984
52%
$200,000
5%
2024
$2,623
9%
$190,000
12%
2023
$2,412
11%
$170,000
13%
2021
$2,175
2%
$150,500
8%
2022
$2,123
-2%
$140,000
10%
2021
$2,175
21%
$127,372
85%
2019
$1,793
9%
$68,801
10%
2018
$1,642
8%
$62,546
-34%
2017
$1,520
10%
$95,087
16%
2016
$1,377
18%
$82,145
37%
2015
$1,171
20%
$59,928
40%
2014
$977
-6%
$42,720
-5%
2013
$1,043
—
$45,127
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by People's Choice Realty Svc Llc

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512 88th Avenue N, Saint Petersburg, FL 33702 (MLS# TB8559506) is a Triplex property with 4 bedrooms and 0 full bathrooms. 512 88th Avenue N is currently listed for $399,000 and was received on October 22, 2026. Want to learn more about 512 88th Avenue N? Do you have questions about finding other Triplex real estate for sale in Riviera Bay? You can browse all Riviera Bay real estate or contact a Coldwell Banker agent to request more information.

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