St Petersburg, FL 33701,742 7TH AVE N
St Petersburg, FL 33701,742 7TH AVE N
St Petersburg, FL 33701,742 7TH AVE N
St Petersburg, FL 33701,742 7TH AVE N
St Petersburg, FL 33701,742 7TH AVE N
St Petersburg, FL 33701,742 7TH AVE N
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$ 1,450,000
Est. payment | /mo

3,515 SqFt


$ 1,450,000
Est. payment | /mo

3,515 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,515 sqft

Price per Sqft $412

Subdivision Plunkets Elijah B

MLS Listing ID TB8330842

HOA Y/N No

Originating Board Stellar MLS

Year Built 1915

Annual Tax Amount $14,613

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 56x140

Property Sub-Type Multi-Family

Property Description

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!

Location

State FL

County Pinellas

Community Plunkets Elijah B

Direction N

Interior

Interior Features Ceiling Fans(s), Other

Heating Central, Other

Cooling Mini-Split Unit(s)

Fireplace false

Laundry Common Area

Exterior

Exterior Feature Balcony, Other

Utilities Available Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Concrete Perimeter

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8330842

Stellar MLS
Listed by COLDWELL BANKER REALTY
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"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

 

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