$10,000

closing credit¹

308 Grove St N Saint Petersburg, FL 33701

$2,500,000
8 beds
12 baths
7,252 sqft
0.1 acres
$345 / sqft
Multi-Family

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

Home typeMulti Family
HeatingBaseboard, Window Unit(s)
StatusActive
CoolingWall/Window Unit(s)
Size7,252 sqft
Lot size0.12 Acres
Year built1901
MLS #U8244696
ViewCity, Garden, Park

Virtual tour

Summary

  • MLS Number: U8244696
  • MLS Name: MFRMLS
  • Office Name: RE/MAX PREFERRED
  • Office Phone: (727) 367-3636
  • Listing Agent: Adam Yore

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX 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: 2/7/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$2,500,000

308 Grove St N

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

56%
<35k
26%
35k-100k
18%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

84%
Single, No Kids
3%
Single, with Kids
12%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
1%
12-17 yrs old
27%
18-34 yrs old
48%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • SoccerSoccer
  • UFCUFC

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Forever 21Forever 21
  • Chico'sChico's

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Dominos PizzaDominos Pizza
  • Burger KingBurger King

What do the neighbors drive?

  • CadillacCadillac
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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