1615 28TH AVENUE N ST PETERSBURG FL 33713 MLS #TB8389218 | Gary Kusher | Florida Real Estate

TRULY TURNKEY AND READY FOR IMMEDIATE INCOME PRODUCTION. Set along a charming stretch of St. Petersburg’s signature red brick roads, this turnkey multifamily compound offers an exceptional opportunity for investors seeking a fully operational, income-producing property with enduring value. From the moment you arrive, you know how special these are—each residence offering its own distinct vibe, thoughtfully curated for comfort and character.

Configured for both short-term (30-day minimum) and long-term rental use, the property features FOUR one-bedroom, one-bath residences, each with a flexible bonus room and individual utility metering. Every home comes fully outfitted with kitchen essentials, fresh linens and contemporary furnishings, making each unit move-in ready for immediate occupancy.

Behind the scenes, extensive infrastructure updates provide seamless ownership. All five structures feature NEW roofs (2022), with additional enhancements including NEW siding, NEW windows, NEW doors, NEW plumbing, and NEW electrical and HVAC systems. Interiors are appointed with granite countertops, luxury vinyl plank flooring and modern cabinetry, combining durability with stylish functionality.

A detached two-car garage has been transformed into a shared lounge or optional on-site manager’s quarters. A separate commercial-grade laundry facility includes NEW coin-operated appliances, offering added convenience and supplemental income.

At the center of the property, a vibrant communal courtyard wrapped in café lighting, tropical landscaping and bistro-style seating creates a boutique hospitality setting that encourages gathering and connection. Artistic flourishes, including hand-painted tropical murals in select units, contribute unique visual identity and charm.

Centrally located just minutes from downtown St. Petersburg, Crescent Lake, The Pier and the Gulf beaches—with direct access to Interstate 275 and just 20 minutes from Tampa International Airport—this property is ideally positioned to attract consistent rental demand.

A polished, personality-driven asset in a prime corridor, this is a rare opportunity to own a fully stabilized and visually distinct investment in one of the city’s most desirable neighborhoods.