Denise Coryell
BEDS10
BATHS
SQUARE FEET5,690
MLS#O6454497
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONROOSEVELT PARK
Property Description
BRAND NEW CONSTRUCTION, FULLY LEASED, WITH AN OWNER-USER OPTION. Built in 2025, this concrete block corner property at 34th St S (US 19) and 4th Ave S offers 3 residences on one fee simple parcel: two 3BR/2.5BA townhomes (3365 and 3367 4th Ave S) and a detached 4BR/2.5BA single family home (3353 4th Ave S). Above each residence's garage is a separately leased Garage Suite with a private exterior entry, full bath, laundry and its own HVAC, producing 6 income streams and $182,892 of scheduled annual rent at 100% occupancy. LIVE IN ONE, LEASE THE REST: the 4BR detached home lease expires 12/31/2026, so an owner-occupant can move in and keep 5 income streams (about $139,000 per year) in place, and the 3 living units of record fit 2-4 unit residential financing. Investors and 1031 exchange buyers step into first generation roofs, HVAC, water heaters, appliances and finishes with no capital plan: quartz counters, shaker cabinetry, stainless appliances, luxury vinyl plank flooring, marble-look porcelain baths and dark matte fixtures. Leases are staggered into 2027 with 3 market rate and 3 housing authority assisted leases, and every lease carries a utility allowance that offsets owner-paid electric and water. In-place rents sit below new construction comparables nearby, leaving upside at renewal. Flood Zone X and non-evacuation zone, CCS-1 corridor zoning with mixed use optionality, 3 garages plus a paved rear parking court off the alley, and no HOA. Less than half a mile to Central Avenue, the Grand Central District and the SunRunner rapid transit line, with quick access to the Warehouse Arts District, Downtown St. Petersburg, the Tropicana Field / Historic Gas Plant redevelopment and the Gulf beaches. Greystar's 325-unit The Henry is delivering 3 blocks north. The nearly identical adjacent parcel is available from a separate owner by separate negotiation. County records 3 living units; buyer to verify the permitting and use status of the Garage Suites. Showings by appointment only with 48 hours notice; please do not disturb tenants.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 3 car attached
Heating: Central, Electric
Lot Size: 0.20 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $21,874
Year Built: 2025
Amenities
Ceiling Fans(s)
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
PrimaryBedroom Upstairs
Stone Counters
Thermostat
Vaulted Ceiling(s)
Walk-In Closet(s)
Lighting
Private Entrance
Sidewalk
Feature Descriptions
Additional Rooms: Garage Apartment, Great Room
Annual Net Income: 111297.00
Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Builder: Landcap Construction LLC
Community Features: Sidewalks
Directions: From Central Ave, head south on 34th St S (US 19) for 4 blocks and turn left (east) onto 4th Ave S. The property is immediately on the left at the corner; parking court is accessed from the rear alley.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Luxury Vinyl, Tile
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional, Trade, FHA, VA Loan
Lot: Corner Lot, City Limits, Landscaped, Level, Near Public Transit, Sidewalk, Paved
Lot Dimensions: 0.2
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Garage Faces Rear, Off Street, Open
Parking Notes: Garage Faces Rear, Off Street, Open
Patio/Porch: Front Porch
Property Attached Y/N: Yes
Property Sub-Type: Triplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox, See Remarks, Text List Agent
Special Sale Provisions: None
Units: 3
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: CCS-1
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 407-203-9441
Shown By
Agent Name: Denise Coryell
Agent Phone: (865) 924-1567
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 6,668.51 per month $4,284.22 Principal & Interest $1,822.83 Property Tax $561.46 Homeowner's InsuranceChange Payment Information
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3353 4th Avenue S | MLS# O6454497
This multi-family property located at 3353 4th Avenue S, Saint Petersburg, FL 33711 is currently listed for sale with an asking price of $1,925,000. Search Saint Petersburg real estate on www.denisecoryellhomes.com today.