5045 38TH AVENUE N, ST PETERSBURG, FL, 33710
Active30 days on marketListed Jul 12, 2026MLS #TB8528376
About this home
5045 38TH AVENUE N
Investor Special with Endless Potential on an Oversized Lot! Due to the property’s condition, traditional financing will not qualify. Cash, private money, or renovation financing only. Sale is limited to end buyers. No assignments. Opportunity is knocking with this 2,195 sq. ft. home situated on an oversized 10,088 sq. ft. lot in a convenient St. Petersburg location. Recently repossessed by the bank, this property presents an outstanding opportunity for investors or buyers looking to transform a property with tremendous upside. The previous owner began renovations before the property went through foreclosure, leaving behind a solid starting point. While portions of the home have been cosmetically updated, buyers should assume the property requires a complete rehabilitation. With 2,195 square feet of living space, the possibilities are endless. Reimagine the existing layout or create your own ideal floor plan, whether that’s a spacious 3 bedroom, 2 bathroom home or another configuration that best suits your vision. The property also features a detached 2 car garage and an existing in ground pool, creating the perfect foundation for a private courtyard oasis. The pool is nestled between the main house and the detached garage, with a large covered lanai overlooking the space, making it ideal for entertaining, relaxing, or enjoying the Florida lifestyle. The detached garage also offers additional flexibility with convenient alley access and the potential to be converted into an ADU (buyer to verify zoning and permitting requirements), a private guest suite, home office, or the ultimate pool house. With the right renovation, this unique indoor and outdoor setting could become the centerpiece of a truly one of a kind retreat. The location is hard to beat. Just minutes from US 19 and I 275, you’re approximately 10 minutes from major shopping including Aldi and Sam’s Club, along with local favorites like Tealicious Café and Whizz In Market & Deli. Tampa International Airport is only about 15 minutes away, while St. Pete Beach, Sunset Beach, Tyrone Square Mall, and vibrant downtown St. Petersburg are all within a 20 minute drive. Whether you’re looking for your next fix and flip, a long term investment, or a custom home project, this property offers outstanding potential in one of the area’s most convenient locations. Bring your vision and schedule your private showing today!
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
2,195
Sqft
0.23 ac
Lot size
2
Garage
1947
Year built
One
Levels
$153
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,980 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,980/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−40.4%
$/sqft vs St Petersburg actives
$153 vs $333
Days on market
30 vs 57 typical
Where $153/sqft sits among the 400 St Petersburg actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside St Petersburg
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know St Petersburg. See the full St Petersburg guide →
ST PETERSBURG 33710 — neighborhood snapshot
Population
35,113
Median age
46.1
Median income
$76,908
Median home value
$312,500
Avg household
2.32
Households w/ children
3,314
For the school run
Pinellas County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The St Petersburg market
$380K → $402K
St Petersburg median sold, yr/yr
95.8%
Sale-to-list ratio (12 mo)
224 of 400
St Petersburg actives have cut their price
Median sold price, St Petersburg, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 13% below the ST PETERSBURG 33710 median. See the full St Petersburg market guide →
Paper trail
This home's history
Reality check
What actually sold near 5045 38TH AVENUE N
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$125,000
5026 39TH AVENUE N · same community
1 bd · 1 ba · 700 sqft · $179/sqft · 0 DOM
Sold · Apr ’26$710,000
1822 WINCHESTER ROAD N
3 bd · 2 ba · 2,177 sqft · $326/sqft · 32 DOM
Sold · Dec ’25$420,000
2150 55TH STREET N
3 bd · 2 ba · 2,172 sqft · $193/sqft · 49 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5045 38TH AVENUE N — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5045 38TH AVENUE N — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5045 38TH AVENUE N FAQs
What would the monthly payment be for 5045 38TH AVENUE N?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,980/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5045 38TH AVENUE N?+
The most recent tax bill on record (2025) was $8,409. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in St Petersburg?+
At $334,900, this home is listed about 23% below the St Petersburg median of $435,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5045 38TH AVENUE N?+
Azalea Elementary School (elementary), Azalea Middle School (middle), Boca Ciega High School (high) — Pinellas County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the ST PETERSBURG 33710 market on paper
$334,900 is 13% below the ST PETERSBURG 33710 median of $384,000, and at $153/sqft it sits under the St Petersburg average of $382.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Strong assigned schools
Azalea Elementary School, Azalea Middle School, Boca Ciega High School — Azalea Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $349,900, now $334,900 — a $15K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS SOUTH TAMPA · Aaron Barker. MLS #TB8528376.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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