623 MOUND PARK WAY S ST PETERSBURG FL 33701 | MLS #TB8551289 | Gary Kusher | Florida Real Estate

Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location

Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district.

All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units.

The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside.

This is a turnkey triplex in one of Florida’s most desirable downtowns, a strong addition to any portfolio.