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Move-In ReadyNew Construction$301,000 price cut

5112 3rd Avenue NNew Construction Home in St Petersburg, FL

St Petersburg, FL 33710 · Pinellas County

$899,000

$1,200,000

$288/sq ft

7 Beds5 Baths3,117 sq ft3-Car GarageBuilt 2024

Photos of 5112 3rd Avenue N

5112 3rd Avenue N, St Petersburg, photo 1 of 301 / 30

About this home

Virtually Staged. Built new in 2024, 5112 3rd Ave North delivers a spacious two-story main home with 5 bedrooms, 3 full baths, and 2,380 sq ft of well-designed living space — alongside a 3 car detached garage with a second floor 2 Bedroom, 2 bath 737 sqft income-generating ADU. Inside the main house, the open-concept first floor connects a well-appointed kitchen — quartz counters, white shaker cabinets with matte black hardware, stainless steel appliances, subway tile backsplash, and a sleek wall-mounted range hood — to the dining and living areas, with light LVP flooring tying it all together. The first-floor bedroom works equally well as a home office. Upstairs, the primary suite features a walk-in closet and private bath, with three additional bedrooms rounding out the second floor. Every bathroom carries the same elevated finish level with marble-look tile, glass-enclosed showers, and matte black fixtures throughout. Behind the main house, a private yard separates the main residence from the detached garage structure along the alley — offering separation and privacy for both households. Above the 3-car garage sits a fully self-contained 2 bed / 2 bath ADU that mirrors the main home's finish quality — quartz surfaces, stainless appliances, and quality tile work throughout. Currently leased at $1,995/month, it provides immediate rental income from day one. Two dedicated parking spots off the alley serve the main house, with one additional spot reserved for the ADU. The main house is vacant and ready for immediate occupancy. The ADU is currently occupied with a tenant paying $1995 per month and features seperate electric and water meters.

Home details and costs

MLS number
R4910919
Property type
Single Family Residence
Build stage
Move-In Ready
Heated square feet
3,117 sq ft
Total under roof
4,373 sq ft
Stories
2 Story
Lot size
0.12 acres
Subdivision
Oak Ridge 2
HOA fee
No HOA
Annual property tax
$2,870 (current assessment)
Days on market
182 days

Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds

What would this home actually cost per month?

Pre-filled with this listing's price and HOA. Adjust anything to match your situation.

Estimated monthly payment

$6,991

$89,900 down (10%) on a $809,100 loan

Principal and interest
$5,114
Property tax (estimated)
$1,274
Homeowners insurance
$267
PMI (under 20% down)
$337

CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.

The tax figure in the MLS looks like a bare-lot assessment. It lists $2,870 a year, while taxing this purchase price works out closer to $15,282. On new construction the county reassesses once the house is finished, so budget from the higher number.

Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.

Get the real numbers on this home

What is negotiable on this home?

This listing shows real leverage signals. Here is what its own numbers say.

  • On the market 182 daysStrong signal

    Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.

  • Reduced $301,000 (25%)Strong signal

    Originally listed at $1,200,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.

  • Finished and standingWorth knowing

    A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.

Where builders actually give

Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.

Ask Barrett what this builder will move on

Other new construction homes in St Petersburg

Listed by Seacrest Advisors Llc. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 5112 3rd Avenue N, St Petersburg, FL 33710 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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