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245 - 247 38th Ave SE, St Petersburg, FL, 33705

$210/sqft·Lewis Island

6 bd4 ba2,140 sqftDuplex
Listed by BIANCHI REALTY & PROPERTY MANAGEMENT INC.· Last updated · MLS# TB8482974

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Est. monthly payment
$3,106/mo
Down payment (20%)
$89,960
Property taxes
$535/mo
Rate assumed
6.8% · 30 yr
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At a glance

Multi-family
Built 1959
6,922 sqft lot
Lot size
2,140 sqft
Living area

About this home

Ceiling Fans(s)Living Room/Dining Room ComboFenceDishwasherMicrowaveRangeRefrigerator

245 - 247 38th Ave SE is a 1959-built home in Lewis Island Sec 3, St Petersburg. Inside you'll find 6 bedrooms, 4 bathrooms, and 2,140 square feet of living space. Listed at $449,800 (about $210/sqft), 113 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

Income-producing duplex opportunity in St. Petersburg. Comes with Americas Preferred 1 Year Home Warranty. This solid concrete block multi-family property features two spacious 3-bedroom, 2-bathroom units, offering strong rental appeal in a high-demand area for both long-term tenants and investors. Each unit provides a functional layout with updated flooring, refreshed kitchens with stone countertops and tile backsplash, and renovated bathrooms with modern subway tile finishes. Large windows bring in natural light, creating comfortable and attractive living spaces for tenants. The property offers approximately 2,140 square feet of heated living space and sits on a 75 x 90 lot in the Lewis Island area, just minutes from downtown St. Petersburg, waterfront parks, shopping, dining, and major commuter routes. Central air conditioning adds to tenant comfort and long-term rental stability. With two large 3-bedroom units, this property provides strong income potential and flexibility for investors seeking cash flow, portfolio expansion, or a house-hack opportunity by living in one unit and renting the other. St. Petersburg continues to see strong rental demand, making this a compelling opportunity to acquire a multi-family property in a growing market. **Each unit has its own meters (water and electric) Seller is not interested in owner/seller financing type offers.

The essentials

Built
1959
Price / sqft
$210
On market
191 days
Annual tax
$6,421
Flood zone
AE
Lot
6,922 sqft
Type
Duplex

Location

245 - 247 38th Ave SE
St Petersburg, FL, 33705·33705 - St Pete
Type
Duplex
Year Built
1959
Lot
6,922 sqft
Cooling
Central Air
Heating
Central
Parking
None, Parking Pad
Days on Market
191
Ceiling Fans(s)
Living Room/Dining Room Combo
Fence
Dishwasher
Microwave
Range
Refrigerator

Elementary

Lakewood Elementary-PN

Middle

Bay Point Middle-PN

High

Lakewood High-PN

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE

Annual Tax (2025)

$6,421

Parcel #

31-31-17-51498-017-0080

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Lewis Island Sec 3

County

Pinellas

MLS Area

33705 - St Pete

Lot Size

6,922 sqft

City LimitsLandscapedPaved
Date
Event
Price
6/25/2026
Price change
Source: Stellar MLS #TB8482974
$449,800
$210/sqft
Price change
Source: Stellar MLS #TB8482974
$449,900-5.3%
$210/sqft
3/4/2026
Listed for sale
Source: Stellar MLS #TB8482974
$474,900
$222/sqft
Est. monthly payment$3,106/mo
Principal & interest$2,346
Property taxes$535
Insurance$225
Down payment20% · $89,960
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $449,800
$442,500 – $449,800
98.6% – 100% of listTops out right at the list price
80% of listList price
74 of the last 146 home closings in 33705 landed at this number or higher (51%). The median one sat 46 days before it went under contract, and this one is on day 191 after a $25,100 cut.

Sample: 146 closed home sales in 33705 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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