#L4954222, Andrea Gordon LLC, Listing office: LA ROSA REALTY PRESTIGE
$599,000 List price
1316 Melrose Ave S Saint Petersburg, FL 33705
3 beds
2 baths
2,407 sqft
0.1 acres
$249 / sqft
Multi-Family
Property details
About 1316 Melrose Ave S
PRICE IMPROVEMENT! Incredible Investment Opportunity in the Heart of St. Petersburg! This fully upgraded income-producing property offers the perfect blend of modern comfort and unbeatable location. Renovated top-to-bottom in 2022, the main house features 3 spacious bedrooms, 2.5 luxurious baths, and an attached garage—all with a bright, open floor plan. Upgrades include new electrical, new kitchen, new bathrooms, new flooring, new windows, and new appliances. Plus, enjoy peace of mind with a 2021 A/C and 2020 roof—truly nothing has been overlooked! On the same property, you’ll find a second fully updated building offering two separate units. The lower unit includes 1 bedroom and 1 bath, while the upper unit offers 2 bedrooms and 1 bath. Both units have private entrances, individual mailboxes, and share a convenient laundry room. Located just minutes from the St. Pete Pier, vibrant downtown shopping, and top-rated restaurants, this property is ideal for investors or those seeking multi-generational living. With ample parking, no HOA, and no flood zone, this one checks all the boxes! Currently all units are leased, 1/1 and 2/1 are both month to month leases and the 3/2/1 is leased until Jan 31/26.
Highlights
Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air
Size2,407 sqft
Lot size0.14 Acres
Year built1939
MLS #W7874148
Attached garage1 space
Virtual tour
Summary
- Interior: Ceiling Fans(s), High Ceilings
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: Yes
- Private Pool: No
- Exterior: Private Mailbox, Sidewalk
- Heating: Central
- Cooling: Central Air
- List Price: $599,000
- Price/SqFt: $248
- HOA Amount: $0
- Annual Tax Amount: $6,751
- Tax Year: 2023
- Directions: Travel south on 16th St S, turn left on 13th Ave South, turn right on 13th St S, turn right on Melrose Ave, house is on the left.
- Year Built: 1939
- Living Area: 2,407 SqFt
- Lot Size: 0.14 Acres
- MLS Number: W7874148
- MLS Name: MFRMLS
- Office Name: EXP REALTY LLC
- Office Phone: (727) 224-1234
- Listing Agent: Mary Dorey
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 7/20/2025, 11:34:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 05, 2022 | Home Sold | $545,000 |
| Nov 30, 2021 | Home Sold | $175,000 |
| Aug 24, 2020 | Home Sold | $185,000 |
| Jul 22, 2019 | Home Sold | $70,000 |
| Jan 03, 2014 | Home Sold | $13,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $339,977 | $6,751 |
| 2022 | $182,527 | $3,656 |
| 2021 | $99,384 | $3,656 |
| 2020 | $96,800 | $2,089 |
| 2019 | $50,515 | $1,340 |
| 2018 | $45,923 | $1,155 |
| 2017 | $63,618 | $1,072 |
History based on county public records data.
Nearby schools
5
Melrose Elementary
Public Magnet PK-5
0.3 mi
•1752 13th Ave S
6
Midtown Academy
Public Magnet KG-5
0.3 mi
•1701 10th St S
6
Campbell Park Elementary
Public District PK-5
0.5 mi
•1051 7th Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,623. The majority of Saint Petersburg, FL residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
68%
<35k
28%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
27%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
White Castle
Church's Chicken
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1316 Melrose Ave S
The listing price of 1316 Melrose Ave S property is $599,000.
The property 1316 Melrose Ave S is a multi located in Saint Petersburg, Florida, 33705.
Active Listing: 1316 Melrose Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1316 Melrose Ave S are: Melrose Elementary (GreatSchools Rating 5/10), Midtown Academy (GreatSchools Rating 6/10), Campbell Park Elementary (GreatSchools Rating 6/10), John Hopkins Middle School (GreatSchools Rating 4/10), James B. Sanderlin K-8 (GreatSchools Rating 7/10), Thurgood Marshall Fundamental (GreatSchools Rating 7/10), Pinellas Mycroschool of Integrated Academics and Technologie (GreatSchools Rating 1/10), Gibbs High School (GreatSchools Rating 3/10), St. Petersburg High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $6,751 (source: MLS/based on county public records data).
The last sale was on May 5, 2022 for $545,000 (source: MLS/tax record).
The property 1316 Melrose Ave S is 2,407 SqFt (source: MLS/tax record).
The year of construction for 1316 Melrose Ave S is 1939.
This home is located at 1316 Melrose Ave S in Saint Petersburg, FL and zip code 33705 in the Thirteenth St. Heights neighborhood. This 2,407 square foot home, which was built in 1939, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $599,000.
In June 2025, from all listings sold in Saint Petersburg, FL there were more than 41 sold above asking price, over 264 sold below and more than 65 were sold right at the asked price. The inventory of homes for sale in Saint Petersburg, FL between May and June 2025 decreased by 0.3%. Listings spent 60 days on the market in June 2025, and had a median list price of $430,570 during the same period.
From Rocket Homes Real Estate and based on county public records data.