623 Mound Park Way South

Downtown St. Pete Triplex: Three Units, One Unbeatable Address

Triplexes in the heart of Downtown St. Petersburg rarely come to market. This one offers three income-producing units on a historic brick street, just blocks from Central Avenue, the waterfront, and the Tropicana Field district. It's freshly renovated with a coastal-style turquoise exterior and bold yellow doors, and it's full of personality and potential.

All three units have been updated and are move-in ready. You could live in one unit while the other two help pay the mortgage. You could also hold all three as long-term rentals, or tap into traveling-nurse demand with major hospitals minutes away. Having multiple units gives you multiple income streams and room to adjust your strategy.

The location is what sets this property apart. It's steps from Publix and close to cafes, restaurants, galleries, parks, and the waterfront. That kind of walkability keeps units rented. Major investment is reshaping the surrounding area, so this is a chance to own a multi-unit property in one of Downtown St. Pete's fastest-evolving pockets.

The exterior is low-maintenance and the systems are updated. Live, rent, and grow your portfolio in one of Florida's most desirable downtowns.