3315 58TH AVE S #512
1, 1, 708ft²
MLS#: TB8401215
Turnkey Investment Opportunity! This beautifully updated 1-bedroom, 1-bathroom condo offers the perfect combination of modern updates and immediate rental income. The unit is currently leased for $1,450/ month through July 31st 2027, providing a reliable income stream from day one.
Recent improvements include new luxury flooring in the bedroom and fresh interior paint (2025), Weather Tite hurricane-impact windows (2022), a new A/C system (2023), and an updated kitchen featuring newer appliances. These thoughtful upgrades make this home both attractive to tenants and low maintenance for the next owner.
An added bonus for investors is that the HOA fee was reduced beginning in January 2026, helping improve the property's overall affordability and long-term investment potential.
Whether you're looking to expand your investment portfolio or purchase a move-in-ready condo with future flexibility, this property checks all the boxes. Conveniently located just minutes from the Skyway Marina District, downtown St. Petersburg, Gulf beaches, shopping, dining, and major highways, you'll enjoy easy access to everything the area has.
This is a rare opportunity to own a well-maintained, income-producing property in one of St. Petersburg's growing areas. With a stable tenant already in place, recent capital improvements completed, lower HOA fees, and major system updates already taken care of, this condo is an excellent addition to any investment portfolio or a smart purchase for a future owner-occupant.
Driving directions : From Tampa Take I-275 South toward St. Petersburg. Continue over the bridge into St. Petersburg. Take Exit 16 (Pinellas Point Drive/Sunshine Skyway Lane). Turn left onto Sunshine Skyway Lane S. Turn right onto Pinellas Point Drive S. Turn left onto 31st Street S. Turn left onto 58th Avenue S. From Downtown St. Petersburg Take 4th Street S south to 54th Avenue S. Turn right on 54th Avenue S. Turn left onto 31st Street S. Turn right onto 58th Avenue S. From Clearwater Take US-19 South to I-275 South toward St. Petersburg. Continue to Exit 16 (Pinellas Point Drive/Sunshine Skyway Lane). Turn left onto Sunshine Skyway Lane S. Turn right onto Pinellas Point Drive S. Turn left onto 31st Street S. Turn left onto 58th Avenue S. From Bradenton Take I-275 North across the Skyway Bridge. Take Exit 16 (Pinellas Point Drive). Turn right onto Pinellas Point Drive S. Turn left onto 31st Street S. Turn left onto 58th Avenue S.
| Rooms | Dimension | Description |
|---|---|---|
| Bathroom 1 | First level , Tile | |
| Primary Bedroom | First level , Luxury Vinyl | |
| Balcony/Porch/Lanai | First level , Concrete | |
| Living Room | First level , Tile | |
| Kitchen | First level , Tile |
1, 1, 708ft²
MLS#: TB8401215
2, 1, 887ft²
MLS#: TB8521496
2, 1, 957ft²
MLS#: TB8522342