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$799,000
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Property Description
Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district. All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units. The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside. This is a turnkey triplex in one of Florida's most desirable downtowns, a strong addition to any portfolio.
Full Property Details
Full Property Details for 623 Mound Park Way S
General
- Price: $799,000
- Taxes: $7,889 (2025)
- Status: Active
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8551289
- Updated: 9/23/2026
- Added to Site: 18 day(s) ago
Interior
- Interior Features: Ninguno
- Furnishings: Negotiable
Rooms
Other Rooms
- Laundry: Other
Exterior
- Exterior Features: French Doors, Lighting
Location
- Area: 33701 - St Pete
- County: Pinellas
- Development Name: 33701 - St Pete
- Subdivision: NICHOLSONS J W SUB
- Driving Directions: Head west on mound parkway s, house is on the left.
Community
- Community Name: 33701 - St Pete
Heating & Cooling
- Cooling Type: Mini-Split Unit(s)
- Heating Type: Wall Units / Window Unit
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame
- Roof: Shingle
- Square Feet: 1,510
- Sq. Ft. Source: Public Records
- Year Built: 1921
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,625
- Lot Size: 1625
- Lot Dimensions: 44 x 40
- Street/Road Desc.: Asphalt, Brick
Financial Considerations
- Tax Amount: $7,889.91
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: NICHOLSON'S, J.W. SUB LOT 7
- Flood Zone Info: X
- APN: 193117600660000070
- Property ID: 193117600660000070
- Block/Lot/Section: 1
Listed by Koons Real Estate Inc
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Schools
Schools serving 623 Mound Park Way S
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Campbell Park Elementary School 1051 7th Ave S, St. Petersburg, FL 33705 | PK-5 | 0.5 mi |
John Hopkins Middle School 701 16th St S, St. Petersburg, FL 33705 | 6-8 | 0.9 mi |
St. Petersburg High School 2501 5th Ave N, St. Petersburg, FL 33713 | 9-12 | 1.8 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 623 Mound Park Way S
Date
Details
Price
Change
Source
9/22/2026
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 623 Mound Park Way S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,890
23%
$490,000
40%
2024
$6,429
8%
$350,000
9%
2023
$5,958
47%
$320,000
60%
2021
$4,040
-24%
$199,400
-25%
2022
$5,309
31%
$265,000
39%
2021
$4,040
20%
$191,016
22%
2019
$3,368
—
$156,241
3%
2018
$3,361
11%
$151,951
10%
2017
$3,041
5%
$138,137
-1%
2016
$2,906
10%
$139,007
18%
2015
$2,631
8%
$117,434
5%
2014
$2,440
12%
$111,727
18%
2013
$2,186
—
$94,601
—
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 623 Mound Park Way S
623 Mound Park Way S, Saint Petersburg, FL 33701 (MLS# TB8551289) is a Triplex property with 0 bedrooms and 0 full bathrooms. 623 Mound Park Way S is currently listed for $799,000 and was received on September 22, 2026. Want to learn more about 623 Mound Park Way S? 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.

