St. Petersburg - Beach Property For Sale #7178789

Exceptional turnkey investment or owner-occupied opportunity in desirable Bay Pines. This meticulously maintained TRIPLEX is the only multifamily property in the immediate area and is located in unincorporated Pinellas County, allowing short-term rentals, including . Flood zone x - no flood insurance required!

The property features three 1 bedroom 1 bath units with the potential to easily convert back to two, making it a duplex with 3/2 and 1/1.

Unit C and Unit B have private backyards (B also has a screened-in patio). Unit A and B have separate electric and water meters, all three of the units have individual HVAC systems, laundry closets with washers and dryers, private entrances, and ample parking for three vehicles, plus RV/boat parking.

Currently operating as a successful and can be sold turnkey. Gross income for 2024-2025 was $156,445.04. Existing bookings may convey.

Located in a quiet neighborhood with no neighbors behind (backs to a school). Just a 5-minute drive to Madeira Beach and a 5-minute walk to the Pinellas Trail. Walking distance to VA Medical Center, dining, and shopping. Walmart Supercenter is approximately one mile away.

Recent upgrades include; roof (2021), new white PVC fencing (excluding rear boundary), Unit A AC (2017), new Unit B AC, Unit C split system (2025), impact-rated back door at Unit A (2023), and water heaters replaced in 2017 and 2023.

Schedule your private showing today!