245 - 247 38th Ave SE, St Petersburg, FL, 33705
$210/sqft·Lewis Island
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At a glance
About this home
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.
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
Location
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.
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
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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.
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