Income-producing condo opportunity in St. Petersburg! Welcome to 3315 58th Ave S, Unit #306, located in The Wave Condominiums near the Skyway Marina District and Greater Pinellas Point. This tenant-occupied 2-bedroom, 1.5-bath condo offers an attractive opportunity for investors, 1031 exchange buyers, or anyone looking to add a Pinellas County rental property to their portfolio. This property offers the potential for immediate rental income with a tenant currently in place. The unit features a practical floor plan with comfortable living space, stainless steel appliances, granite countertops, renovated bathrooms, and a newer A/C. The Wave offers residents access to community amenities including a pool, fitness center, secured entry, laundry facilities, and well-maintained common areas. Its convenient South St. Petersburg location provides quick access to Downtown St. Pete, Gulfport, St. Pete Beach, Fort De Soto, I-275, the Sunshine Skyway Bridge, shopping, dining, public transportation, and major employment corridors. This condo may be ideal for a buy-and-hold investor seeking a tenant-occupied property in one of Tampa Bay's active rental markets.