#TB8347728, Sharon Burpee, Listing Office: RADIANT ASSET MANAGEMENT OF FLORIDA, LLC
$10,000
closing credit¹
308 Grove St N Saint Petersburg, FL 33701
Property details
About 308 Grove St N
PRIME OPPORTUNITY to acquire a 12 UNIT property in the booming MIRROR LAKE area of DOWNTOWN ST PETERSBURG proper!!! Walkable to all of the in demand destinations downtown St Pete this is a GREAT UNIT MIX of 7 Loft-Like Studios, 2 1-Bedroom apartment, and 3 2-Bedroom apartments - high-demand products in our booming rental market. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC and a 2014 ROOF all just off Mirror Lake, and just a few blocks to Central Ave make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a booming pocket of Downtown St Petersburg with multiple large projects going up 1 block away in multiple directions, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner. This area is IN HIGH-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for Tenants!! Walk to Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! 1 unit available for showings currently - ontact Listing Agent today to schedule.
Highlights
Virtual tour
Summary
- MLS Number: U8244696
- MLS Name: MFRMLS
- Office Name: RE/MAX PREFERRED
- Office Phone: (727) 367-3636
- Listing Agent: Adam Yore
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$2,500,000
308 Grove St N
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 10, 2020 | Home Sold | $1,250,000 |
Jun 25, 2014 | Home Sold | $395,000 |
Nov 16, 2004 | Home Sold | $350,000 |
May 14, 2002 | Home Sold | $330,000 |
May 16, 2001 | Home Sold | $125,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $850,000 | $16,879 |
2022 | $775,000 | $15,524 |
2021 | $750,000 | $15,524 |
2020 | $555,000 | $15,766 |
2019 | $395,307 | $9,342 |
2018 | $359,370 | $8,682 |
2017 | $420,000 | $7,846 |
History based on county public records data.
Nearby schools
4
Campbell Park Elementary
Public District PK-5
0.9 mi
•1051 7th Ave S
2
Woodlawn Elementary
Public District PK-5
1.2 mi
•1600 16th St N
4
Melrose Elementary
Public Magnet PK-5
1.5 mi
•1752 13th 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 $32,652. The most common annual income of people living in Saint Petersburg, FL is less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 308 Grove St N in Saint Petersburg, FL and zip code 33701 in the Downtown Saint Petersburg neighborhood. This 7,252 square foot home, which was built in 1901, sits on a 0.12 acre lot. Features: 8 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $2,500,000.
In January 2025, from all listings sold in Saint Petersburg, FL there were more than 21 sold above asking price, over 228 sold below and more than 60 were sold right at the asked price. The inventory of homes for sale in Saint Petersburg, FL between December and January 2025 increased by 10.9%. In January 2025 median list price was $431,000 and the average listing age was 56 days.