Presented By: BRIDGEWATER COMMERCIAL RE with 813-541-4254. - 813-541-4254
MLS# U8252583
02/26/2025
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Beds • 2
Baths • 4
SQFT • 1,623
Garage • 2
Home Details
This quadruplex in the heart of the Old Southeast consists of two buildings with two units each, ample storage space and parking, a well-manicured front lawn and common area, and street and ally access. The front building holds two 1/1’s, each with a separate entrance, and the back building holds two very large storage spaces on the first floor and two studios on the second. The back building grants access to each unit via two outdoor staircases, and a shared indoor staircase. All units have been well maintained and are rented to long term tenants at market rates, reducing the need to increase rents or negotiate new leases. Each unit has been meticulously well maintained, with a mix of refurbished hardwood floors and tile. The roof of the front building was replaced in 2023, and the pluming has been maintained and replaced as needed.
The property also sits on the brick lined streets of the Old Southeast, a quiet, upscale neighborhood just south of downtown, and within an easy walk to Lassing Park – a public waterfront park and beach. It is also only two miles from Downtown St. Pete, a mile from USF St Pete Campus, and two miles from Tropicana Field.
Nearby development includes the 4th Street Townhomes (10 residential units), Lake Maggiore Apartments (330 residential units), Coquina Key Plaza (456 residential units and 20,817 SF of retail), and the new Arc Invest headquarters that is kicking off St. Pete’s new Innovation District along 4th Street.
With long term tenants in place, well maintained units, and market rents, this is a true turn-key St. Pete Multifamily investment.
Presented By: BRIDGEWATER COMMERCIAL RE with 813-541-4254. - 813-541-4254
Interior Features for 240 20TH AVENUE S
Bedrooms
Total Bedrooms2
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesother
Laundry Featuresnone, other
General for 240 20TH AVENUE S
Additional Parcels Y/NNo
Attached Garage Yes
Building Area Unitssquare feet
Carport Y/NNo
Cityst petersburg
Construction Materialswood frame
Coolingwall/window unit(s)
Countypinellas
Directionsfrom downtown st. pete, take 3rd st south. turn east onto 20th ave s, and the property will be on your right.
DockY/NNo
Flood Zone Codeae
Garage Spaces2
Garage Y/NYes
HOANo
Heatingwall units / window unit
Land Lease Y/NNo
Legal Descriptionrouslynn blk 9, lot 14
Living Area Unitssquare feet
Lot Size Square Feet6926
Lot Size Unitssquare feet
MLS Area33705 - st pete
ModificationTimestamp2025-02-26t22:05:36.730z
New ConstructionNo
Number Of Units Total4
Ownershipfee simple
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namerouslynn
Tax Annual Amount5135.82
Tax Lot14
Tax Year2023
Utilitieselectricity connected, public, sewer connected, water connected
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