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Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1926
Sq.Footage
5,143
NO FLOOD ZONE | CASH-FLOWING MULTIFAMILY | ALL UNITS OCCUPIED | DEVELOPMENT APPROVED — Incredible MULTIFAMILY INVESTMENT OPPORTUNITY IN ST. PETERSBURG, FL spanning APPROXIMATELY 3.5 CORNER LOTS and including FOUR (4) INCOME-PRODUCING UNITS ACROSS THREE STRUCTURES, plus a SEPARATE DEVELOPMENT PARCEL allowing investors to COLLECT RENT WHILE YOU BUILD; existing occupied units include 2728 14TH AVE S (3-BEDROOM / 2-BATH SINGLE-FAMILY HOME), 2722 14TH AVE S (2-BEDROOM / 2-BATH SINGLE-FAMILY HOME), and 2722 14TH AVE S UNITS A & B (TWO REMODELED STUDIO APARTMENTS), all FULLY RENOVATED IN 2022 WITH NEW ROOFS, UPDATED KITCHENS, FLOORING, DOORS, TRIM, AND PAINT, plus NEW LANDSCAPING IN 2025, while the additional parcel at 1416 28TH AVE S consists of a FORMER 5-UNIT BUILDING DEMOLISHED WITH PERMITS (INCLUDING ASBESTOS REMOVAL) and the entire property has been REZONED AND APPROVED FOR UP TO 13 TOTAL UNITS, creating a RARE VALUE-ADD AND DEVELOPMENT OPPORTUNITY in a HIGH-DEMAND RENTAL AREA just MINUTES FROM CENTRAL AVENUE, DOWNTOWN ST. PETE, THE WAREHOUSE ARTS DISTRICT, THE TROPICANA FIELD REDEVELOPMENT AREA, I-275, AND GULF BEACHES, surrounded by NEW CONSTRUCTION AND THRIVING LOCAL BUSINESSES, offering IMMEDIATE CASH FLOW, STRONG UPSIDE, AND LONG-TERM APPRECIATION POTENTIAL.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.44
-
Property Type
Residential Income
Price
-
Sales Price
$1,330,900
-
Tax Amount
$16,692.74
-
Sq. Footage
5, 143
-
Price/SqFt
$258
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
33
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Betsy Tinervin , REAL BROKER, LLC
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
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