Presented By: COLDWELL BANKER REALTY with 727-360-6927. - 727-360-6927
MLS# TB8330842
01/03/2025
Request Tour
Request Info
SQFT • 3,515
Home Details
Turnkey 8-Unit Multi-Family Opportunity in Historic Uptown St. Petersburg
Discover this exceptional investment opportunity in the heart of St. Petersburg's vibrant downtown urban core. This 8-unit property has been meticulously renovated, making it a standout asset in one of the city's most desirable neighborhoods. Recent capital improvements include a new roof (October 2022), electrical upgrades throughout the property (2020 & 2022), and updated kitchens in 5 units, with two additional units fully renovated in 2023. Additional enhancements include new flooring, fresh paint, updated exterior stairs, laundry equipment, fencing, and durable vinyl siding, ensuring low-maintenance ownership.
The property comprises three separate buildings: an original bungalow, a two-story main building, and a garage apartment with multiple garage bays, offering excellent storage or potential for additional rental income. Two of the largest units feature central air via mini-split systems, and the property provides off-street parking for 5 vehicles.
Situated in the Historic Uptown district, just 1.5 blocks from Round Lake Park and a short 5-7 minute drive to downtown St. Petersburg, this location offers unparalleled access to restaurants, Starbucks, shopping, and cultural attractions. Whether you’re walking your dog, biking downtown, or enjoying the charm of this historic neighborhood, this property offers an unbeatable combination of modern updates and timeless appeal.
With current rents slightly below market, there is significant potential for increased revenue. Don’t miss this rare opportunity to own a turnkey investment property in one of St. Petersburg’s most sought-after neighborhoods.
Please Note: Do not disturb tenants. Contact us today for additional information or to schedule a private showing!
Presented By: COLDWELL BANKER REALTY with 727-360-6927. - 727-360-6927
Interior Features for 742 7TH AVENUE N
Bedrooms
Total Bedrooms
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s), other
Laundry Featurescommon area
General for 742 7TH AVENUE N
Additional Parcels Y/NNo
Building Area Unitssquare feet
Carport Y/NNo
Cityst petersburg
Construction Materialswood frame
Coolingmini-split unit(s)
Countypinellas
Directions4th st n. east on 7th ave n to address
Flood Zone Codeb & x
Flood Zone Code XY
Garage Y/NNo
HOANo
Heatingcentral, other
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionplunkets, elijah b lot 5
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet7836
Lot Size Unitssquare feet
MLS Area33701 - st pete
Minimum Lease1 month
ModificationTimestamp2025-01-10t15:12:05.690z
New ConstructionNo
Number Of Units Total8
Occupancy Typetenant
Ownershipfee simple
Property Subtypemulti family
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameplunkets elijah b
Tax Annual Amount14613
Tax Lot5
Tax Year2023
Utilitiescable available, electricity connected, public, sewer connected, water connected
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Thank you for registering.
Are you currently working with one of these agents?
Ask A Question
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market.
Complete the form to get started on your journey to purchase your dream home.
Our lending partner has a wide variety of lending options available and advanced mortgage technology.
As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.