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Renovated Downtown Triplex
New
For Sale
$799,000

623 MOUND PARK S, St Petersburg, FL 33701

Three updated residences offer a flexible setup for long-term or furnished mid-term rentals.

Property Size1,510 SF
Days on Market2

Property Features for 623 MOUND PARK S

General Information

Standard status Active
Size 1,510 SF
Property subtype Investment

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $7,889

Building Details

Building Size 1,510 SF
Year Built 1921
Units 3
Listing Agency: KOONS REAL ESTATE INC
Listed By: Kalib Koons · License #3563064
Source: Elliman
Added: Sep 24 Last Checked: Sep 24 at 3:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KOONS REAL ESTATE INC

Investment Insights

Based on property information with market context.

This 1921 triplex in downtown St. Petersburg contains three renovated units described as rent-ready. The property has a low-maintenance exterior and updated systems, with three separate residential units providing the building’s core configuration.

Central Avenue, the waterfront, Tropicana Field district, Publix, restaurants, cafes, and parks are identified nearby. The property has a Walk Score of 97, a Bike Score of 94, and a Transit Score of 56. Major hospitals are also described as minutes away.

Key Highlights

  • Three renovated units, each described as rent‑ready
  • Built in 1921
  • Updated building systems and low‑maintenance exterior

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant Arcade & Gaming Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

7,509
Businesses Nearby

Demographics for 33701, FL

19,137
Population
13,434
Households
1.4
Avg Household Size
48
Median Age
55%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
7,088
Density / Sq Mi
$69,098
Median Household Income
$48,072
Median Earnings
$1,531
Median Rent
$590,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three updated residences offer a flexible setup for long-term or furnished mid-term rentals.
Where is this triplex located?
The property is located at 623 MOUND PARK S St Petersburg, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three renovated units, each described as rent‑ready; Built in 1921; Updated building systems and low‑maintenance exterior
More about this property
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