About 623 Mound Park Way S
Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district. All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units. The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside. This is a turnkey triplex in one of Florida's most desirable downtowns, a strong addition to any portfolio.
Features of 623 Mound Park Way S
| MLS® # | TB8551289 |
|---|---|
| Price | $799,000 |
| Square Footage | 1,510 |
| Acres | 0.04 |
| Year Built | 1921 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 623 Mound Park Way S |
|---|---|
| Area | St Pete |
| Subdivision | NICHOLSONS J W SUB |
| City | ST PETERSBURG |
| County | Pinellas |
| State | FL |
| Zip Code | 33701-4463 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Ninguno |
|---|---|
| Heating | Wall Units / Window Unit |
| Cooling | Mini-Split Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | French Doors, Lighting |
|---|---|
| Roof | Shingle |
| Foundation | Other |
Additional Information
| Date Listed | September 22nd, 2026 |
|---|---|
| Days on Market | 29 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KOONS REAL ESTATE INC |
|---|
