St Petersburg Real Estate Search

St Petersburg Multi-Family Properties for Sale

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Newest St Petersburg Multi-Family Homes for Sale

5 Beds U8221576 MLS
OLD SOUTHEAST NEIGHBORHOOD! Prime Investment Renovated Triplex Opportunity in the Heart of St. Petersburg. All the work has been done for you! NEW hurricane impact windows and exterior doors, NEW cement siding, electrical has been updated, NEW LVT floors throughout all units, NEW kitchens and bathrooms, NEW ceiling fans in all bedrooms, NEW tankless water heaters for each unit, NEW deck, and pavered courtyard and walkway. Designed with the investor in mind, this property offers a lucrative opportunity to capitalize on the booming real estate market in one of Florida's most desirable locations, just a few blocks from Lassing Park and Tampa Bay, 5 minutes to Downtown St Pete, the Pier, the beautiful waterfront parks, museums, a private airport, marinas, restaurants, shopping, and nightlife. The USF St Pete Campus is right up the road along with the Sunrunner, a rapid transit bus, making it easy to get from the Bay to St Pete Beach. With quick access to I-275, you can visit Tampa or Sarasota within 30 minutes. This triplex is configured to maximize rental income, with spacious units that appeal to a diverse tenant base. Take advantage of the strong rental market in Old South and secure steady cash flow. The combination of historic charm and contemporary finishes positions this triplex as a unique and attractive investment. Capitalize on the allure of a renovated historic property while enjoying the benefits of modern amenities. Seize this opportunity to diversify and strengthen your investment portfolio. Schedule a showing today and explore the financial potential of this beautiful structure and learn more about how this triplex can contribute to your long-term investment success. Be aware, there is no current rental history to share. The Buyer will need to research the area market for information.

127 17th Avenue S, St Petersburg

U8221317 MLS
Discover the perfect holiday gift for yourself – a lucrative investment opportunity awaits in this updated duplex! Boasting two exquisitely remodeled units, the main house offers 2 bedrooms and 1 bath, projecting an approximate monthly rent of $1,695. Meanwhile, the second unit, a charming 1 bedroom and 1 bath residence, anticipates a monthly rent of $1,395. Nestled in an unincorporated area, this property fulfills your dream of adding a short-term rental to your portfolio or enjoying the unique lifestyle of living in one unit while renting out the other! Upon arrival, the property's prime location becomes evident – just a short 15-minute drive to downtown St. Pete and an equally convenient 15-minute commute to the breathtaking sandy shores of St. Pete Beach and Treasure Island. You will love the well-fenced backyard and ample parking at the rear. This turn-key gem boasts immediate curb appeal, with fresh tropical landscaping and mulch creating an inviting atmosphere. Step inside the main unit to experience an abundance of natural light and new luxury vinyl flooring throughout the living area. The dining room and modernized kitchen, featuring updated wood cabinets and granite countertops, complete the heart of the primary residence. At the rear of the property awaits the second unit, complete with an updated kitchen, luxury vinyl flooring, and a brand new mini-split system for optimal tenant comfort during hot summer days! Discerning buyers will be pleased with recent upgrades, including a newer roof (2011), a newer HVAC system (2018), updated doors, lighting, newer electrical panel, and interior fans, along with fresh interior and exterior paint. With no HOA or CDD fees and reasonable $868 annual flood insurance due to the property's elevation, this home is a rare find. Property was recently tented for complete peace of mind for the new owner and tenants. Whether you seek a year-round residence or an income-generating rental property, this duplex is the ideal choice. Prospective buyers are encouraged to verify measurements and information, and rest easy knowing the property is insurable with a recent clean 4-point inspection (passing: plumbing, electrical, roof, and HVAC). Seize this opportunity to own your own piece of Florida paradise – call today to schedule your private viewing!

4101 28th Street N, St Petersburg

U8218812 MLS
Prime Multi-Family Investment Opportunity Welcome to an incredible opportunity at 7301 and 7305 7th St. N., St. Petersburg, FL. This multi-family investment property presents the perfect chance to grow your real estate portfolio in a prime location. The potential for rental income or the ability to live in one unit while renting out the other is a valuable opportunity for investors or those seeking supplemental income. Comprising of two separate units, this property offers flexibility and potential. Each unit has a private and fenced backyard and garage in a quiet family-friendly neighborhood. The 3BR/2BA is deceptively large and boasts a huge master bedroom with double closets, large living room, full dining room with large closets, wash/utility room, office and a storage room. There is also an 8x8 storage shed outside. The 2BR/1.5BA is owner occupied and it shows. It has been freshly painted to give it a Key West bungalow vibe. This unit has a large back room with a half bath that makes for a great studio, office, or pet room. The backyard and gardens make this an oasis and amazing place to entertain or just enjoy the morning coffee. The property's prime location in St. Petersburg provides easy access to local amenities, schools, shopping centers, parks, and public transportation. St. Petersburg's vibrant community and cultural scene add to the allure of this investment. Don't miss the chance to secure your foothold in the thriving St. Petersburg real estate market. Whether you're a seasoned investor or new to real estate, these properties offer a solid and potentially lucrative investment opportunity.

St Petersburg

U8218588 MLS
Back on Market!! Motivated Seller. All Reasonable Offers will be considered! An Immaculate Charming Income producing Duplex located in the most Sought After Snell Isle! Only minutes away from the Vibrant Downtown St. Pete -makes this a unique Potential for Investors, Developers or Residents looking to live on one side and rent the other. Currently functioning as a Duplex with separate water and electricity. Both Units are rented as short term- bringing in over 6K monthly. In addition the garage in the back can easily be converted into an additional Rental to increase cash flow. Developers/ Builders have the Option of Splitting the lot into two separate, High end Single Family Homes or Town-homes similar to the ones being developed in the same subdivision. Each projected to sell over 1.5 million. The immaculately maintained 2bed /2 bath is fully furnished and offers beautiful original wood flooring. The charming living Room has Plantation Shutters and Soft Coastal Furniture, 2 car garage and operating as a Short Term Rental. The new owner has the opportunity to keep operating as short-term rental-long term rental to offset the mortgage payment or simply move in. The 2/1 is currently Rented on a month to month basis. Both units have separate water and electric meters. Exceptional Location steps away from the Vinoy Golf Course, a quick drive to 4th street action a short walk or bike to the Coffee Pot Bridge where you can enjoy amazing waterfront parks, the new pier which spreads out along 26 acres of Tampa Bay waterfront filled with all kinds of fun activities, the vibrant downtown lined with excellent Restaurants, Cafe's, museums and shops and the award winning Fort Desoto Beach Park!! This truly is a fantastic opportunity for the right Buyer! Call today to schedule your tour!

252 Mateo Way Ne, St Petersburg

U8214437 MLS
Entire block in downtown St. Petersburg New zoning approved in May allows for 54 units with 10% work force housing. Zoning CRT-1 & NSM-1. Zoning was approved WITHOUT site plan. This property is right next door to St Anthony's Hospital, the #1 Hospital in St Petersburg and is listed in the top few Hospitals in the State. St Anthony's continues to grow and is completing a $158 Million expansion. We have allowed the contractors to use our parking lot for their vehicles. Facts of interest: 1- All property & buildings on 14th, from 5th Ave to 7th Ave. 2- The current annual income from the multifamily properties is$167,250 gross with a net of $96,000. 3- The office building has 14,000 sq Feet and a potential of $180,000 income when fully rented. 4- Almost 2 acres in prime downtown St. Pete core. You will see from the attached map that this collection of various properties is well situated for development. The property carries itself nicely until you are ready to develop it. It is only 3 minutes from the expressway entrance. St Petersburg is going through a major turn around at the moment and this city block, next to the hospital, has tremendous future possibilities. St Petersburg Florida is an exciting growing city. The city is needing apartments and condos. They also want to develop workforce housing as part of new projects. We are located on 14th Street North and the city is moving our way. This property is an opportunity to build next to one of the largest hospitals in Florida.

1401 5th Avenue N, St Petersburg

8 Beds U8208836 MLS
Some Seller Financing Available in Upscale Allendale Area - Here is your opportunity to own 3 separate income producing houses on 2 lots. In this NTM-1 district of St Petersburg: Up to 9 units permitted per the City This property is meticulously cared for. The Owner lives in the front house & the other 2 homes are rented. Each house has a separate laundry room hook up & gas hot water heaters. Each house pays their own utilities except the front house & house #2 share their water bill. Front house has Beautiful Bamboo hardwood flooring & Ceramic tile, newer appliances in the kitchen, new sink & faucet as well. It also features a spacious home office with an outside entrance to do business with clients. Walk into your extra-large living room from your covered front porch. This Home is full of charm with a very entertaining dining room. Plenty of closets & storage too. No detail left out. House #2 is situated perfectly for complete privacy. It has its own front porch & even has an extra room you can use for a nursery, a 3rd bedroom. This home also has newer appliances in this eat in kitchen, luxury vinyl & hardwood flooring. House #3 has an adorable front porch, a front room for dining, a cozy living room, 2 bedrooms & complete privacy. You have your own driveway for parking, 2 on-site workshops & sheds for storage. Keep all three rented or live &/or work in one & bring in the income from the other two. Don't let this opportunity pass you by.

4111 Haines Road N, St Petersburg

7 Beds U8205295 MLS The L'Heritage Building BLDG.
8 UNIT INCOME OPPORTUNITY IN OLD NORTHEAST - ONLY $750K DOWN, OWNER FINANCING AVAILABLE! Located steps away from Beach Dr. NE in vibrant Downtown St.Pete, this 2 Story Multi-Family residence for 5-9 units sits in the iconic and highly demanded neighborhood of Historic "Old Northeast"! Of St. Petersburg’s neighborhoods, the Old Northeast is one of the most sought-after. Nestled next to the water, boasting red brick roads and walking distance of Downtown, living in this neighborhood is a treat! With visible views of The Vinoy Resort, this 1920 Colonial residence of 5,029 sq ft, is a fully leased 8 Unit rental property which includes 2, Two Bedroom/1 Bath, 2, One Bedroom/1 Bath, 3 Studio's and 1 Office along with a detached 2 car garage/workshop/storage/office. This residence as been renovated and restored to its original glory! The original craftsmanship with Heart of Pine Wood flooring and architectural Trimming around doors and Windows as been completely sanded, stained/painted by hand has been preserved and brought back to its original luster. Drywall was completely removed in all units and ALL Electrical has been updated though-out with each unit metered separately as well as the Plumbing and Impact Hurricane Windows! Over time, all units have been updated with NEWER Kitchens/Kitchenettes, NEWER Bathrooms and fresh interior/exterior paint. Each unit has its own outdoor porch or use of the front overhang which surrounded by fresh landscaping with well water irrigation, hexagon walkways, vinyl fencing and 2 entrances with grand stairways to from front to back. This residence does have an onsite coin laundry Washer and Dryer with as well potential tenant storage for additional income. This residence is zoned for Multi-Family Apartments for 5-9 units, however one could look into making it a Single Family home. Residential street parking by permit is available. This is truly one of a kind and with the vibrant urban Downtown Living, Walking, Biking or Running, residents can enjoy Downtown with coffee shops and Restaurants, Museums, the St.Pete Pier, Vinoy Park, Art Galleries, Live events and entertainment galore! St.Petersburg is also known for being a dog friendly city as well. So much to do in this forever growing city surrounded by water. Please DO NOT APPROACH THE PROPERTY as it is occupied by tenants. Schedule a private showing today! Buyer to verify all information.

255 6th Avenue Ne, St Petersburg

1 Beds U8202017 MLS
We are proud to bring to market one of Uptown St Petersburg's finest properties - Regency Villa Apartments! Featuring 16 apartments on 3 PARCELS made up of 6 TOTAL LOTS, Regency Villa Apartments has a significant footprint in booming St Pete. Sitting in eminently WALK-ABLE and IN-DEMAND Historic Uptown, the property holds 15 studio apartments and one 1 Bedroom apartment in 3 freshly painted buildings surrounding a beautiful courtyard with pool - a truly peaceful oasis in the city! With many recently renovated, these apartment homes are centrally located just blocks from downtown St Pete and Old Northeast, and just steps to 4th St and gorgeous Crescent Lake, providing an ideal location in a HIGH DEMAND rental area for tenants now and in the future! OFF STREET PARKING for most, ON SITE LAUNDRY for all, and a SHADED & FENCED POOL tying it all together make this property truly unique for the product, the market, and the location, ensuring strong rentability ahead with less income volatility - tenants will choose these apartments over others, leading to fewer, shorter vacancies between tenancies. Recent density allowance trends bode well for the future of these 6 LOTS on just over half an acre in one of the top markets in the country. With easy access to the freeway for a short drive to Tampa or either of our excellent airports, and an even shorter 12 mins to gorgeous St Pete Beach, this property is positioned perfectly for the best of Tampa Bay living - your tenants will thank you!! Video tour available, showings of vacant units allowed when available, and always happy to meet on site for a walkaround so don't hesitate to reach out!

779 9th Avenue N, St Petersburg

U8201648 MLS
Dock permits have been issued from the City of St. Petersburg! 16 Slips now "shovel ready." Plus, $800,000 price reduction! This extremely rare trophy asset is a 16-unit concrete block apartment building featuring 214 feet of direct, wide water frontage, with clear access to Tampa Bay and the Gulf of Mexico. This is the closest waterfront apartment building to downtown St. Petersburg that exists in the city; as a majority of the non-residential waterfront property St. Pete was designated as parkland by City Charter over 100 years ago, not even the high rises downtown have true water frontage! In fact, your views will never be obstructed, nor will any development ever occur in the line of sight as the property adjoins the 7-block long Grandview Park and boat ramp. The unit mix is (13) 1 bedroom, 1 bath units, (2) 2 bedroom, 1 bath units and (1) 2 bedroom, 1.5 bath unit. There are 32 parking spaces, a full 2 spots per unit. All units have the following shared characteristics: solid surface flooring (porcelain or wood laminate), central heat and air, and four-piece appliance suites including built in microwave and dishwasher. Every window in the complex is double pane, and updates in 2023 include all exterior lighting, all exterior paint, new irrigation system, professional landscaping, fencing, asphalt parking lot, completely remodeled laundry and administrative room, and outdoor common areas including furniture, patio and kayak rack. All units in the complex have been remodeled, with the vast majority featuring solid wood cabinetry, granite countertops, stainless steel appliances, and all LED lighting throughout. A major selling point is future potential of the waterfront. The complex is permitted to have a 16 slip dock, extending out 250+ feet. This can generate huge potential income moving forward due to the scarcity of boat slips in the entire county. Additional future potential may include short term rentals, where customers could boat in from other coastal cities for the weekend, week, or season, though the parcel would likely have to be rezoned to achieve this. There is no deferred maintenance anywhere; easy upside potential on the below market rents. Landlord pays for water, each unit is separately metered for electric and it is the responsibility of the tenant. Sellers are realtor and family.

3220 6th Street S, St Petersburg

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