5 months on rocket

308 Grove St N, Saint Petersburg, FL, 33701

$2,500,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
12 Baths
7,252 SqFt
$345/SqFt
Multi

Location

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308 Grove St N, Saint Petersburg$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1901
HeatingBaseboard, Window Unit(s)
CoolingWall/Window Unit(s)
ViewCity, Garden, Park
MLS #U8244696
Lot Size0.12 Acres
StatusActive

About 308 Grove St N

PRIME OPPORTUNITY to acquire a 12 UNIT property in the booming MIRROR LAKE area of DOWNTOWN ST PETERSBURG proper!!! Walkable to all of the in demand destinations downtown St Pete this is a GREAT UNIT MIX of 7 Loft-Like Studios, 2 1-Bedroom apartment, and 3 2-Bedroom apartments - high-demand products in our booming rental market. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC and a 2014 ROOF all just off Mirror Lake, and just a few blocks to Central Ave make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a booming pocket of Downtown St Petersburg with multiple large projects going up 1 block away in multiple directions, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner. This area is IN HIGH-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for Tenants!! Walk to Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! 1 unit available for showings currently - ontact Listing Agent today to schedule.

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Living Area: 7,252 SqFt

Listing Office:

  • Office Name: RE/MAX PREFERRED
  • Office Phone: (727) 367-3636
  • Listing Agent: Adam Yore

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Laminate, Vinyl, Wood
  • Interior: Ceiling Fans(s), High Ceilings

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City, Garden, Park
  • Exterior: Courtyard

Virtual/3D Tour

  • Virtual Tour: 308 Grove St N
Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot, Near Marina, Near Public Transit, Sidewalk
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Window Unit(s)
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: 5th St N to Mirror Lake Drive North to Grove St to Address

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $345/SqFt

Tax Information:

  • Annual Amount: $10,072
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Saint Petersburg, FL.

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Saint Petersburg, FL

City

Med. Sold Price

$435K

Med. Price/SqFt

$341

Avg. Days On Market

62

# of Sold Homes

255

308 Grove St N vs Saint Petersburg

170 DAYS ON ROCKET

+108 Days

$2,500,000

+$2.0M More

$345/SqFt

+$3 More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $3/SqFt more than other homes in Saint Petersburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8244696

Listing Office:

  • Office Name: RE/MAX PREFERRED
  • Office Phone: (727) 367-3636
  • Listing Agent: Adam Yore

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:19:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 10, 2020Home Sold
$1,250,000
Jun 25, 2014Home Sold
$395,000
Oct 10, 2008Home Sold
$166,000
Nov 16, 2004Home Sold
$350,000
May 14, 2002Home Sold
$330,000
May 16, 2001Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,072$555,000
2019$9,342$395,307
2018$8,682$359,370
2017$7,846$420,000

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-615783
4
/10

  • Campbell Park Elementary

  • 1051 7th Ave S

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-615784
2
/10

  • Woodlawn Elementary

  • 1600 16th St N

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-615785
4
/10

  • Melrose Elementary

  • 1752 13th Ave S

  • 1.51 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,652. Typical income of Saint Petersburg, FL residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Pinellas County›Saint Petersburg›33701›308 Grove St N

This home is located at 308 Grove St N in Saint Petersburg, FL and zip code 33701 in the Downtown Saint Petersburg neighborhood. This 7,252 square foot home, which was built in 1901, sits on a 0.12 acre lot. Features: 7 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $2,500,000.

Saint Petersburg, FL housing market in October 2024 saw over 28 listings sold above listed price, more than 47 sold at listed price and over 180 sold below. The number of homes for sale in Saint Petersburg, FL increased by 5.9% between September 2024 and October 2024. Listings spent 62 days on the market in October 2024, and had a median list price of $435,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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