Residential Property - Townhouse in St Petersburg
Listing Price: $900,000 (Mortgage Calculator →)
Description of Property
Exceptional fully leased mixed-use fee simple townhome located in the heart of Historic Kenwood and the vibrant Grand Central District. Positioned directly on Central Avenue with valuable commercial frontage, this unique three-story asset offers both commercial and residential income streams in one of St. Petersburg’s most sought-after urban corridors. Situated in desirable Flood Zone X, the property benefits from elevated construction with no lender-required flood insurance. Offering approximately 2,400+ square feet, the property features impact-rated windows, luxury finishes throughout, and an attached one-car garage. The commercial storefront enjoys excellent visibility and strong pedestrian exposure along Central Avenue, while the residential component offers 2 bedrooms and 4.5 bathrooms and is currently leased, providing immediate income potential. Surrounded by award-winning restaurants, breweries, galleries, boutiques, and local businesses, this rare investment opportunity combines stable cash flow, exceptional location, and long-term upside in one of Tampa Bay’s most dynamic neighborhoods. A truly one-of-a-kind opportunity to own an income-producing mixed-use asset in the center of St. Petersburg’s continued growth and renaissance.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Townhouse
City: St Petersburg
County: Pinellas
Subdivision: Driftwood On Central
Bedrooms: 2
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 2,833
Sq. Ft. Living Area: 2,457
Cost per (heated) sqare foot: $366
Year built: 2024
Annual Tax: $7,438
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- None
Appliances: Refrigerator
Window Features: Storm Window(s)
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Balcony
Garage: Yes
Garage Spaces: 1
Parking Features: Under Building
Floors Total: 3
Floors in Unit: Three Or More
Cooling: Central Air
Heating & Fuel: Central
View: City
Sewer: Public Sewer
Water Source: Public
Community Features: None
Lot Information
Lot Features: Sidewalk
Lot Size (acres): 0.15
Lot Size (sq. ft.): 14,500 square feet
Lot Dimensions: 100 x 145
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 233116225600000080
Zoning: CRT 1
Pets Allowed/Pet Policies: Yes
New Construction: Yes
Tax Legal Desc.: DRIFTWOOD ON CENTRAL LOT 11
Section: 23
Range: 16
Listing courtesy of SERHANT. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.