$3,858

closing credit¹

905 James Ave S Saint Petersburg, FL 33705

$324,900
0 beds
1,402 sqft
0.10 acres
$232 / sqft
Multi-Family

Property details

About 905 James Ave S

Prime Investment Opportunity in St. Petersburg, FL PROPERTY HIGHLIGHTS....This unique single-family home is an investor’s dream, offering 3 distinct rental units. Each unit is currently occupied by high-quality, reliable tenants. Situated in a high-demand, transitional neighborhood that’s rapidly appreciating on a large lot. This property is perfect for those seeking long-term growth and steady income......... All major furnishings & appliances are the owner’s and will convey. Tenants’ items DO NOT convey. The side unit has a washer & dryer and the other 2 units share a washer & dryer. Each unit has 1 off street parking space. Roof 2024, Hot-water Heater 2023, Termite Treatment 2022. ANNUAL LEASES IN PLACE..... NOT in a flood zone..... HUGE LOCATION POTENTIAL Located just under a mile from vibrant downtown St. Petersburg, this property offers unparalleled convenience. This prime location ensures that residents have convenient access to cultural, recreational, and essential services while also being close to grocery stores, shopping and amazing restaurants. This enhances the property's appeal to potential tenants. INVESTOR BENEFITS * Turnkey income: With three excellent, annual lease tenants already in place, enjoy immediate cash flow.... * Rapid appreciation: The neighborhood’s ongoing transformation adds significant potential for equity growth.... * Low vacancy risk: The location ensures consistent demand.... * Current GROSS INCOME $51,600......NET INCOME $32,985.... * CAP Rate 10 percent..... Whether you're a seasoned investor or new to the market, this property offers the perfect combination of LOCATION, STABILITY, and GROWTH POTENTIAL. Secure your investment opportunity today! .......Contact us now for more details or to schedule a private tour! CASH ONLY

Highlights

Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,402 sqft
Lot size0.1 Acres
Year built1925
MLS #TB8330624

Summary

  • MLS Number: TB8330624
  • MLS Name: MFRMLS
  • Office Name: EXP REALTY LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Laura Marie

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

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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.

Get an agent. Get a mortgage. Save big.¹

view of front of property

$324,900

905 James Ave S

$3,858

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 13, 2020
Home Sold
$100,000
Mar 20, 2019
Home Sold
$81,000
Mar 11, 2019
Home Sold
$70,000
Aug 19, 2011
Home Sold
$35,000
May 18, 2011
Home Sold
$20,000
Dec 06, 2004
Home Sold
$120,000
Jan 30, 2004
Home Sold
$52,500
Dec 15, 2000
Home Sold
$75,900

Tax history

YearAssessmentProperty Tax
2023$126,988$2,521
2022$112,801$1,988
2021$85,034$1,988
2020$77,604$1,787

History based on county public records data.

Nearby schools

4

Campbell Park Elementary

Public District PK-5

0.3 mi

1051 7th Ave S

7

Midtown Academy

Public Magnet KG-5

0.5 mi

1701 10th St S

4

Melrose Elementary

Public Magnet PK-5

0.6 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 $43,906. Most Saint Petersburg, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

45%
<35k
46%
35k-100k
4%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
33%
Single, with Kids
10%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
10%
12-17 yrs old
20%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • Burger KingBurger King
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • KiaKia
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 905 James Ave S in Saint Petersburg, FL and zip code 33705 in the Campbell Park neighborhood. This 1,402 square foot home, which was built in 1925, sits on a 0.10 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $324,900.

Saint Petersburg, FL housing market in January 2025 saw over 21 listings sold above listed price, more than 60 sold at listed price and over 228 sold below. The number of listings in Saint Petersburg, FL increased by 10.9% between December and January 2025. In January 2025, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $431,000.

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

More resources