# 1835 16TH STREET S, ST PETERSBURG, FL 33705

> **TL;DR:** commercial, $625,000 ($296/sqft), built 2023, 2,112 sqft. Est. $2,708/mo. Listed 9 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $625,000 |
| Price/sqft | $296 |
| Square Feet | 2,112 |
| Year Built | 2023 |
| Lot Size | 5,663 sqft (0.13 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 9 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,708 |
| **Total** | **$2,708** |

## Property Highlights

- Built in 2023
- 0.13 acre lot

## Description

### Agent 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.

## Location

- **Address:** 1835 16TH STREET S, ST PETERSBURG, FL 33705
- **County:** Pinellas
- **Neighborhood:** FRUITLAND HEIGHTS
- **Coordinates:** 27.751258, -82.655088
- **Google Maps:** https://www.google.com/maps?q=27.751258,-82.655088

## Listing Agent

- **Name:** Troy Walseth
- **Brokerage:** KELLER WILLIAMS GULF BEACHES
- **Phone:** 7273315500
- **Email:** troy@lockhartteam.com

## Primary Photo

![1835 16TH STREET S - Primary Photo](http://lh.rdcpix.com/7955e079982993b26ca67946be9faaa0l-f1106992223r.jpg)

*52 total photos available on [listing page](https://www.propertysimple.com/listing/1835-16th-street-s-st-petersburg-fl-33705-b8493145)*

---

**MLS#:** TB8493145 | **Updated:** 2026-04-29
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1835-16th-street-s-st-petersburg-fl-33705-b8493145)

---

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