$7,944 Closing Credit¹
#TB8353154, Kristin Vincelli, Listing Office: BEACHWISE REAL ESTATE
$589,000 List price
147 42nd Ave NE Saint Petersburg, FL 33703
$6,994
Closing credit¹
2 beds
1 bath
1,814 sqft
0.2 acres
$325 / sqft
Multi-Family
Property details
About 147 42nd Ave NE
100% Occupied – Exceptional Cash Flow & Investment Potential with Minimal Maintenance! This is a rare opportunity to acquire two concrete block homes for the price of one, offering excellent income potential with virtually no upkeep. Recently updated and well-maintained, this property consists of three fully rented units, making it the perfect addition to your investment portfolio. Whether you're interested in mid, or long-term rentals, this property has it all. Alternatively, live in one unit and rent out the others to generate passive income. Property Features: MAIN HOUSE: A charming 2-bedroom, 1-bathroom home offering spacious living and dining areas. Both bedrooms include walk-in closets, and the home boasts a private laundry room for added convenience. MOTHER-IN-LAW SUITE: A beautifully furnished 1-bedroom, 1-bathroom unit, complete with a private patio with hot tub, artificial turf, storage space, and its own laundry area. LUXURY GARAGE/STORAGE: A high-end, fully remodeled, and furnished garage that features a kitchenette, bathroom, workshop area, and generous storage options. This versatile space adds both functionality and value. The property’s design emphasizes low-maintenance living, with all units recently updated to ensure durability and minimal upkeep. Located in a desirable neighborhood with easy access to everything you need, you’ll enjoy the convenience of being just one block away from a scenic bike path leading straight to Downtown St. Petersburg. A quick 5-minute walk brings you to Publix, Whole Foods, and a variety of local amenities. Best of all, your additional income from the mother-in-law suite and garage will comfortably offset your mortgage payments, ensuring that this property is not only a great place to live but also a smart financial investment.
Highlights
Home typeTriplex
HeatingCentral, Heat Pump
StatusActive
CoolingCentral Air, Zoned
Size1,814 sqft
Lot size0.17 Acres
Year built1950
ParkingBath In Garage, Boat, Covered, Curb Parking, Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Garage Faces Rear, Golf Cart Garage, Golf Cart Parking, Ground Level, Guest, Off Street, On Street, Open, Oversized, Parking Pad, RV Parking, Tandem, Workshop in Garage
MLS #TB8354617
Attached garage1 space
ViewGarden
Summary
- MLS Number: TB8354617
- MLS Name: MFRMLS
- Office Name: DALTON WADE INC
- Office Phone: (888) 668-8283
- Listing Agent: Magdalena Chytra
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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$589,000
147 42nd Ave NE
$6,994
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 06, 2022 | Home Sold | $470,000 |
| Dec 21, 2020 | Home Sold | $253,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $378,116 | $7,508 |
| 2022 | $281,565 | $5,152 |
| 2021 | $224,474 | $5,152 |
| 2020 | $194,510 | $4,718 |
History based on county public records data.
Nearby schools
3
North Shore Elementary
Public District KG-5
0.5 mi
•200 35th Ave NE
5
John M. Sexton Elementary
Public District PK-5
1.8 mi
•1997 54th Ave N
8
Shore Acres Elementary
Public District PK-5
1.8 mi
•1800 62nd Ave NE
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 $54,406. The majority of Saint Petersburg, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
26%
<35k
61%
35k-100k
11%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
46%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Hiking/backpacking
Extreme Sports
Where do the neighbors shop?
New York & Company
Nordstrom Rack
Sam's Club
Where do the neighbors go to eat?
Qdoba
Chipotle
White Castle
What do the neighbors drive?
Infiniti
Mazda
Oldsmobile
What do the neighbors listen to?
Active Rock- Rock
Talk/Personality
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 147 42nd Ave NE in Saint Petersburg, FL and zip code 33703 in the North East Park neighborhood. This 1,814 square foot home, which was built in 1950, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $589,000.
In February 2025, from all listings sold in Saint Petersburg, FL there were more than 32 sold above asking price, over 242 sold below and more than 67 were sold right at the asked price. In February 2025 in Saint Petersburg, FL there were 9.9% more homes for sale than in January. Listings spent 60 days on the market in February 2025, and had a median list price of $431,523 during the same period.
From Rocket Homes Real Estate and based on county public records data.