FL
Pinellas
ST PETERSBURG
33705
1835 16TH S STREET
1835 16TH S STREET, ST PETERSBURG, FL 33705
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Listing Type
Commercial/Industrial
Listing Status
Active
52
$625,000

Home Details for 1835 16TH S STREET

Price
$625,000
Type
Commercial Sale
Square feet
2112
Year built
2023
Lot size acres
0.13
County
Pinellas
MLS Listing#
TB8493145
Property Description

A stabilized PadSplit co-living property in St. Petersburg's 33705 corridor, producing $65,000 to $85,000 in gross annual revenue with an identifiable path to more. The structure operates as six private rooms, each with its own bathroom and keypad-entry door, sharing a renovated common kitchen and dining area outfitted with white shaker cabinets, stainless steel appliances, and a full washer and dryer. LVP flooring runs throughout, crown molding gives each common space a finished feel, and a covered front porch signals the kind of curb appeal that holds quality tenants. Step inside and the hallway tells the story quickly: numbered doors, smart locks, and a consistent finish level from front to back that keeps turnover low and occupancy high. Currently five of six rooms are filled at $280 per week, with flexible lease terms ranging from two months to two years and weekly rent collection built into the PadSplit platform. Full occupancy — the historical norm — puts gross revenue north of $87,000 annually. The common living room, which tenants rarely use, is the upside. Converting that space to a seventh bedroom adds approximately $14,500 in additional annual gross revenue while preserving the kitchen, dining area, and laundry. The bones are already there; it is a straightforward conversion with meaningful return. Positioned minutes from downtown St. Petersburg, the St. Pete Pier, Bayfront Health, and I-275 access to Tampa, this address draws working adults who need flexible lease terms and a connected location. Demand in this corridor is consistent, the PadSplit model keeps collections systematic, and the property transfers in stabilized, turnkey condition.

Property Features
  • Utilities
    • Electricity Available
    • Water Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
Listing Courtesy: KELLER WILLIAMS GULF BEACHES - 727-367-3756
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Last Updated: 2026-04-02 06:41:19
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EXIT BAYSHORE REALTY
201 E. Davis Blvd, Tampa, FL 33606
Shelley Lafko
License #: 3527727
Sales Representative
Office
813 839 6869
Agent
719 963 9510
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