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742 7th Avenue N

St Petersburg, FL 33701
  • $1,450,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: TB8330842
UPDATED: 19 min ago
$1,450,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,515
    SQFT
  • $413
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

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!

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-06T13:46:46.803.
www.homeinsarasotafl.com/homes/159159838
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742 7th Avenue N St Petersburg, FL 33701

  • Price: $1,450,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 19 min ago
  • MLS #: TB8330842
0
Beds
0
Baths
0
½ Baths
0.18
Acres
3,515
SQFT
$413
$/SQFT
1915
Built
Neighborhood:
Plunkets Elijah B
County:
Pinellas
Area:
St Pete
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!
Exterior Features

Carport Yn No Construction Materials Wood Frame Exterior Features BalconyOther Foundation Details Concrete Perimeter Lot Size Dimensions 56 x 140 Pool Private Yn No Road Surface Type Paved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Mini-Split Unit(s) Cooling YN Yes Fireplace Yn No Heating CentralOther Heating YN Yes Interior Features Ceiling Fan(s)Other Laundry Features Common Area Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 87871 Association Approval Required Yn No Association Yn No Cdd Yn No Flood Zone Code B & X Garage Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms CashConventional Minimum Lease 1 Month New Construction Yn No Ownership Fee Simple Property Sub Type Multi Family Senior Community Yn No Special Listing Conditions None Tax Annual Amount 14613 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity ConnectedPublicSewer ConnectedWater Connected Yrs Of Owner Prior To Leasing Re No


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of COLDWELL BANKER REALTY: 727-360-6927.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-02-06T13:46:46.803.
 
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