1215 MELROSE AVENUE S

ST PETERSBURG, FL 33705

Investor Opportunity Minutes from Downtown St. Pete and the Gulf Beaches! Available now, a versatile property in one of St. Petersburg's most convenient locations. Whether you're an investor growing a portfolio, a buyer who wants to live in one space while the rest of the property helps cover the mortgage, or someone who needs room for guests or an extended household, this property offers rare flexibility and value. The well-designed floor plan offers separate living areas, giving each space its own privacy and comfort. This layout creates fabulous rental income potential, whether you prefer long-term tenants, seasonal renters or keeping part of the property for personal use. With steady rental demand across Pinellas County, fueled by a growing population, a strong job market and year-round visitors, this property is well positioned to deliver dependable returns. It's an excellent opportunity to build equity while your investment works for you. You're just a short drive from downtown St. Petersburg, one of Florida's most exciting waterfront cities. Stroll the St. Pete Pier and waterfront parks, explore world-class museums like the Dalí Museum, and enjoy the galleries, boutiques and murals of the Central Avenue arts district. Downtown's award-winning restaurants, rooftop bars, craft breweries and live music venues mean there's always something to do. You'll also find Tropicana Field and the area's major employers close by. Some of the nation's top-rated beaches are within easy reach. Spend the day on the white sand at St. Pete Beach, explore historic Pass-a-Grille, enjoy the laid-back charm of Treasure Island, or kayak and picnic at beautiful Fort De Soto Park. Beach access is a major draw for both residents and renters, adding even more appeal to this property's income potential Shopping, grocery stores, parks and everyday conveniences are all nearby. Quick access to I-275 and major roadways makes commuting to Tampa, Clearwater and the rest of the Tampa Bay area simple. St. Pete–Clearwater International Airport and Tampa International Airport are both an easy drive away. Properties with this flexibility, income potential and location in St. Petersburg are in high demand and don't stay on the market long. Schedule your private showing today and see the possibilities for yourself! Buyer to verify zoning, permitted use, square footage and rental income potential.

Listing courtesy of PHILLIP SCOTT MANAGEMENT & INV (727) 519-5776



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Last checked: 2026-11-06 04:57 PM EST