Property Description

5-Unit Multifamily Near St. Pete Beach – Fully Renovated 2025 Income-producing 5-unit multifamily property located just minutes from St. Pete Beach. Ideal for investors seeking income in a high-demand coastal market. Fully renovated and completed in May 2025, this property offers updated interiors and improved overall condition, providing a turnkey opportunity. Property features five separate units with flexible layouts suitable for long-term or short-term vacation use (buyer to verify local regulations). Strong tourism and rental demand in the surrounding area provide potential for consistent occupancy. Conveniently located near beaches, dining, shopping, and major access routes to downtown St. Petersburg and surrounding Gulf Coast destinations. Community amenities include a pool and fitness center, enhancing tenant and guest appeal. Additional highlights include on-site parking and potential for continued value appreciation. Suitable for a range of investment strategies. Buyer to verify all measurements, zoning, and rental restrictions.

Features

Heating System:: Central, Ductless
Cooling System:: Central Air, Wall/Window Unit(s)
Parking:: None, Shared Parking
Flooring:: Tile
Sewer:: Public Sewer
Utilities:: Electricity Available, Phone Available, Underground Utilities, Water Connected, BB/HS Internet Capable, Sewer Nearby
Window Features:: Double Pane Windows, Display Window(s)

Appliances

Appliances:: Refrigerator, Washer, Dryer, Microwave

Address Map

Country:: US
State:: FL
County:: Pinellas
City:: St Pete Beach
Subdivision:: ST PETERSBURG BEACH REP
Zipcode:: 33706
Street:: 78TH
Street Number:: 340
Street Suffix:: AVENUE
Longitude:: W83° 14' 55.6''
Latitude:: N27° 44' 42.3''
Direction Faces:: South
Directions:: Take I-275 South towards St. Petersburg. Merge onto I-175 West towards St. Pete Beach. Continue on I-175 until it ends and becomes 5th Ave S. Turn left onto 34th St S (US-19). Continue straight to stay on 34th St S, which becomes Gulf Blvd. Turn right onto 78th Ave; your destination will be on the left.
Mls Area Major:: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl

Additional Information

Lot Size Dimensions:: 50x142
Water Source:: Public
Virtual Tour:: https://youtu.be/4sRrWWzEKGA?si=HoYQyUcUD1ESNwUE
Stories Total:: 1
On Market Date:: 2026-04-24
Number Of Units Total:: 5
Lot Features:: Sidewalk, Paved, Flood Insurance Required, FloodZone, Landscaped, City Limits, Interior Lot, Neighbourhood
Levels:: One
Foundation Details:: Slab
Electric:: Service - 110 Volts
Construction Materials:: Block, Stucco
Community Features:: Sidewalks
Building Size:: 2647