$849,000
About this home
Exceptional fully leased mixed-use fee simple townhome located in the heart of Historic Kenwood and the vibrant Grand Central District. Positioned directly on Central Avenue with valuable commercial frontage, this unique three-story asset offers both commercial and residential income streams in one of St. Petersburg’s most sought-after urban corridors. Situated in desirable Flood Zone X, the property benefits from elevated construction with no lender-required flood insurance. Offering approximately 2,400+ square feet, the property features impact-rated windows, luxury finishes throughout, and an attached one-car garage. The commercial storefront enjoys excellent visibility and strong pedestrian exposure along Central Avenue, while the residential component offers 2 bedrooms and 4.5 bathrooms and is currently leased, providing immediate income potential. Surrounded by award-winning restaurants, breweries, galleries, boutiques, and local businesses, this rare investment opportunity combines stable cash flow, exceptional location, and long-term upside in one of Tampa Bay’s most dynamic neighborhoods. A truly one-of-a-kind opportunity to own an income-producing mixed-use asset in the center of St. Petersburg’s continued growth and renaissance.
Highlights
Property details
- MLS
- Stellar MLS
- MLS #
- MFRTB8516045
- Property type
- Townhouse
- Subdivision
- DRIFTWOOD ON CENTRAL
- Status
- Active
- Days on market
- 139
- On market date
- June 5, 2026
- Stories
- N/A
- Total bathrooms
- 3.5
- Garage spaces
- 1
- Parking spaces
- N/A
- Lot size
- 0.15 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 538
- Student:teacher ratio
- 13.1:1
- District
- PINELLAS
- Enrollment
- 681
- Student:teacher ratio
- 17.0:1
- District
- PINELLAS
- Enrollment
- 1,745
- Student:teacher ratio
- 20.5:1
- District
- PINELLAS
Walkability
Blended score for ST PETERSBURG's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in ST PETERSBURG, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 1 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.