#TB8389218, Aimee Smith, Listing office: PREMIER SOTHEBY'S INTL REALTY
701 38th Ave N Saint Petersburg, FL 33704
Property details
About 701 38th Ave N
*** Priced BELOW Appraisal *** Income-Producing Historic Gem in Allendale Terrace! This stunningly renovated 1925 home, moved to its prime corner lot in Allendale Terrace in 1946, is bursting with charm, character, and modern upgrades! Offering 4 bedrooms, 3 full bathrooms, and dual living quarters, this versatile property is perfect for homeowners, investors, or multi-generational families. * Income-Producing Bonus! The property includes a fully furnished 1-bedroom, 1-bath apartment with its own private entrance, address, and electrical meter—ideal for rental income or a stylish in-law suite! Inside the main home, enjoy a spacious split-bedroom layout, a luxurious primary suite, and cedar-lined closets in the secondary bedrooms. The blend of historic details—original windows, hardware, and beautifully restored plaster walls—with high-end modern upgrades gives this home a unique soul you’ll fall in love with. ** Major updates include: • 2 Brand-New HVAC Systems • All-New Electrical Wiring + 2 New Panels • 2 New Water Heaters • 2 Electric Fireplaces • Modern Kitchen w/ Soft-Close Cabinets, Granite Counters, Stainless Steel Appliances • Two In-Unit Washer/Dryers for convenience in both living spaces Outside, fresh landscaping and lush new sod boost curb appeal, and the oversized corner lot offers ample parking and room to relax. Location, Location, Location! Blocks from shopping and dining, less than 3 miles to vibrant downtown St. Pete, and only 20 minutes to Tampa International Airport, this home puts you at the heart of it all—world-class beaches, cultural gems, festivals, and more. Situated on a high and dry lot, this property has never flooded, and NO Storm damage even during Hurricane Helene or Hurricane Milton—offering peace of mind and long-term value. **Don’t miss your chance to own a one-of-a-kind, income-producing property in one of St. Pete’s most desirable neighborhoods — **and at a price below appraised value! Schedule your showing TODAY!
Highlights
Summary
- Interior: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Window Treatments
- Fireplace: Electric
- Total Bedroom Count: 4
- Private Pool: No
- Parking: Assigned, Driveway, Off Street, On Street, Parking Pad
- Exterior: Fence, Sidewalk
- Heating: Central, Other
- Cooling: Central Air, Other
- List Price: $670,000
- Price/SqFt: $387
- HOA Amount: $0
- Annual Tax Amount: $5,360
- Tax Year: 2023
- Directions: From North or South on I-275, exit East at the 38th Ave N exit. Continue east past Dr MLK, home is on the north side of 38th, corner of 7th St N. Park on side alley between 8th St N & 7th St N
- Year Built: 1925
- Living Area: 1,728 SqFt
- Lot Size: 0.16 Acres
- MLS Number: TB8388648
- MLS Name: MFRMLS
- Office Name: REALTY ONE GROUP SUNSHINE
- Office Phone: (727) 325-5843
- Listing Agent: Jeanne Roney
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 19, 2022 | Home Sold | $340,000 |
Nov 25, 2014 | Home Sold | $139,000 |
Feb 26, 1997 | Home Sold | $38,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $312,481 | $5,360 |
2022 | $134,539 | $1,842 |
2021 | $130,620 | $1,842 |
2020 | $128,817 | $1,852 |
2019 | $125,921 | $1,801 |
2018 | $126,577 | $1,831 |
2017 | $123,974 | $1,803 |
History based on county public records data.
Nearby schools
3
North Shore Elementary
Public District KG-5
0.7 mi
•200 35th Ave NE
5
John M. Sexton Elementary
Public District PK-5
1.5 mi
•1997 54th Ave N
4
Woodlawn Elementary
Public District PK-5
1.5 mi
•1600 16th St N
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 $64,408. Most Saint Petersburg, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 701 38th Ave N
The listing price of 701 38th Ave N property is $670,000.
The property 701 38th Ave N is a multi located in Saint Petersburg, Florida, 33704.
Active Listing: 701 38th Ave N is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 701 38th Ave N are: North Shore Elementary (GreatSchools Rating 3/10), John M. Sexton Elementary (GreatSchools Rating 5/10), Woodlawn Elementary (GreatSchools Rating 4/10), Meadowlawn Middle School (GreatSchools Rating 3/10), John Hopkins Middle School (GreatSchools Rating 4/10), James B. Sanderlin K-8 (GreatSchools Rating 7/10), Northeast High School (GreatSchools Rating 4/10), Lealman Innovation Academy (GreatSchools Rating 1/10), St. Petersburg High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $5,360 (source: MLS/based on county public records data).
The last sale was on October 19, 2022 for $340,000 (source: MLS/tax record).
The property 701 38th Ave N is 1,728 SqFt (source: MLS/tax record).
The year of construction for 701 38th Ave N is 1925.
This home is located at 701 38th Ave N in Saint Petersburg, FL and zip code 33703 in the Allendale Terrace neighborhood. This 1,728 square foot home, which was built in 1925, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $670,000.
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 number of listings in Saint Petersburg, FL decreased by 0.3% between May and June 2025. While the average time on the market in June 2025 was 60 days, the median list price was $430,570.