Property Description
This 8-unit turnkey apartment opportunity is located in the heart of downtown urban core district of St. Petersburg, Florida.
The asset has been meticulously renovated over the last several years. Capital improvements include a new roof in October 2022, electrical upgrade to the entire property in 2020 & 2022, new kitchens in 5 of the 8 units in addition to new flooring, paint, exterior stairs, laundry equipment, fencing and exterior vinyl siding. All of these improvements make this asset a standout property over the competition in the area.
The property consists of 3 separate buildings, an original bungalow, a large garage apartment with multiple garage bays and ample storage for supplies, and a two-story main building. 2 of the largest units have central (mini-split systems). The property offers off-street parking for 5 vehicles.
Current rents are slightly below market due to the owner being a part-time resident and not pushing for maximum revenue but rather a full house scenario operation.
Features
- Heating System:
- Central, Other
- Cooling System:
- Mini-Split Unit(s)
- Exterior Features:
- Balcony, Other
- Interior Features:
- Other
- Sewer:
- Public Sewer
- Utilities:
- Cable Available, Public, Electricity Connected, Sewer Connected, Water Connected
Address Map
- Country:
- US
- State:
- FL
- County:
- Pinellas
- City:
- St Petersburg
- Subdivision:
- PLUNKETS ELIJAH B
- Zipcode:
- 33701
- Street:
- 7TH
- Street Number:
- 742
- Street Suffix:
- AVENUE
- Longitude:
- W83° 21' 22.5''
- Latitude:
- N27° 46' 44.8''
- Directions:
- From 275, east on 22nd Ave to 9th St N ( Dr. MLK Jr St N. East on 7th Ave N to address.
- Mls Area Major:
- 33701 - St Pete
- Street Dir Suffix:
- N
Additional Information
- Lot Size Dimensions:
- 56x140
- Water Source:
- Public
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/U8201782
- On Market Date:
- 2023-05-24
- Number Of Units Total:
- 8
- Foundation Details:
- Concrete Perimeter
- Construction Materials:
- Wood Frame
Financial
- Tax Annual Amount:
- 8427.68
Listing Information
- List Agent Mls Id:
- 260017504
- List Office Mls Id:
- 260030343
- Listing Term:
- Cash,Conventional,Other
- Mls Status:
- Pending
- Modification Timestamp:
- 2023-07-07T19:10:09Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2023-06-06T14:49:02Z
Residential Income For Sale
742 7th N Avenue, St Petersburg, Florida 33701
3,515 Sqft
$1,597,659
Listing ID #U8201782
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- U8201782
- Price :
- $1,597,659
- Square Footage :
- 3,515 Sqft
- Year Built :
- 1915
- Lot Area :
- 0.18 Acre
- Property Sub Type :
- Multi-Family
- Roof:
- Shingle
Agent info
Contact Agent
