Skip to main content
Back to Search Results
|

3540 1st Avenue S, St Petersburg, FL 33711

Show All 7 Photos
For Sale

$650,000

0.2 acres

Estimated Payment

$ 3,439 /mo. †

6.63% APR for 30 yrs.
$1,289 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 0.2 acres
    Lot size

Explore this Property

This permitted, approved, and shovel ready 6 unit multifamily property is the best opportunity in Tampa Bay! Brand new construction so insurance and capital expenditures will be very low. Seller is also offering the option of selling them as TWO SEPARATE TRIPLEXES! This is a whole new asset class of new construction 3 bed/2 bath floor plans that are not yet available in the market! A dream come true for any savvy investor seeking an exceptional income-producing asset. This property offers a unique chance to capitalize on the thriving real estate market and secure a solid investment for years to come. Each of the 6 units have been thoughtfully planned to maximize space and functionality, ensuring optimal comfort and convenience for future residents and tenants. With a seamless flow between living areas, bedrooms, and kitchens, these units offer an ideal balance of privacy and open concept living. The interiors are a perfect blend of style and substance, featuring high-end finishes, premium fixtures, and top-of-the-line appliances. From the elegant hardwood flooring to the designer lighting fixtures, every detail has been carefully curated to create an atmosphere of sophistication and refinement. As an investor, you'll be thrilled to know that this property is expected to operate as a 10% cap rate investment, with no capital expenditures required since it will be brand new construction. This means you can start generating income from day one without worrying about additional expenses. What's more, you have the opportunity to customize this property to your exact specifications. Floor plans, finishes, and every detail can still be decided on with the builder, allowing you to create a truly unique and personalized investment property. The builder is projecting a $1.2 million build for this exceptional multi-family property, ensuring a solid investment with a promising return on investment. Investors seeking a property with outstanding income potential need look no further. Don't miss out on this chance to be part of the thriving St Petersburg real estate market. Act now and seize the opportunity to own one of the best investment properties in all of Tampa Bay! Reach out today to discuss customization options and secure your place in this lucrative venture. Pre-construction financing also available!
MLS# U8218053

Courtesy Of Compass

(727) 339-7902

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.2 Acres

Map and Directions

Directions to 3540 1st Avenue S, St Petersburg, FL 33711

Home seller CENTURY 21 BE3

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 BE3

(800) 541-9923
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $3,331
  • Property Taxes
    $107
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,439

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Fairmount Park Elementary

Grades PK-5 Public School

Saint Petersburg, FL 33711 0.6 miles
575 41st st s

537 total students
13:1 Student teacher ratio

School Rating: D

School Details

Gibbs High School

Grades 9-12 Public School

Saint Petersburg, FL 33711 0.7 miles
850 34th st s

1140 total students
17:1 Student teacher ratio

School Rating: D+

School Details
Other Nearby Schools Distance Type Grades School Rating
Douglas L. Jamerson Jr. Elementary School 0.8 miles Public PK-5 C+
St. Petersburg High School 1 miles Public 9-12 C+
Elim Junior Academy & Child Development Center 1.1 miles Private KG-8
Southside Christian Academy 1.2 miles Private KG-5
Mt Moriah Christian Fundamental Academy 1.3 miles Private 6-8
Community Christian Academy 1.3 miles Private KG-12
Divine Academy Of Learning 1.3 miles Private KG-6
Mount Vernon Elementary 1.4 miles Public PK-5 C+
Thurgood Marshall Fundamental 1.4 miles Public 6-8 B+
Mount Zion Christian Academy 1.5 miles Private KG-5
Disston Academy 1.5 miles Public 5-12 F
Perkins Elementary School 1.6 miles Public PK-5 B-
John Hopkins Middle School 1.6 miles Public 6-8 C-
Melrose Elementary 1.7 miles Public PK-5 C+
Charles Britt Academy 1.8 miles Public 6-12
Academy Preparatory Center Of St Petersburg 1.8 miles Private 5-8
Lakeview Fundamental Elementary School 1.8 miles Public PK-5 B+
James B. Sanderlin K-8 1.8 miles Public KG-8 B+

Douglas L. Jamerson Jr. Elementary School

Distance: 0.8 miles

Type Public

Grades: PK-5

C+

St. Petersburg High School

Distance: 1 miles

Type Public

Grades: 9-12

C+

Elim Junior Academy & Child Development Center

Distance: 1.1 miles

Type Private

Grades: KG-8

Southside Christian Academy

Distance: 1.2 miles

Type Private

Grades: KG-5

Mt Moriah Christian Fundamental Academy

Distance: 1.3 miles

Type Private

Grades: 6-8

Community Christian Academy

Distance: 1.3 miles

Type Private

Grades: KG-12

Divine Academy Of Learning

Distance: 1.3 miles

Type Private

Grades: KG-6

Mount Vernon Elementary

Distance: 1.4 miles

Type Public

Grades: PK-5

C+

Thurgood Marshall Fundamental

Distance: 1.4 miles

Type Public

Grades: 6-8

B+

Mount Zion Christian Academy

Distance: 1.5 miles

Type Private

Grades: KG-5

Disston Academy

Distance: 1.5 miles

Type Public

Grades: 5-12

F

Perkins Elementary School

Distance: 1.6 miles

Type Public

Grades: PK-5

B-

John Hopkins Middle School

Distance: 1.6 miles

Type Public

Grades: 6-8

C-

Melrose Elementary

Distance: 1.7 miles

Type Public

Grades: PK-5

C+

Charles Britt Academy

Distance: 1.8 miles

Type Public

Grades: 6-12

Academy Preparatory Center Of St Petersburg

Distance: 1.8 miles

Type Private

Grades: 5-8

Lakeview Fundamental Elementary School

Distance: 1.8 miles

Type Public

Grades: PK-5

B+

James B. Sanderlin K-8

Distance: 1.8 miles

Type Public

Grades: KG-8

B+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for St Petersburg, FL 33711

Tour the area

Schedule a
tour with a
personal guide

St Petersburg, FL 33711

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are below the national average.

90° August
Hottest Average Month
53° January
Coldest Average Month
7,631 Total Households in Area
1.8% Increase in population since the year 2010
25.4%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for St Petersburg, FL 33711

St Petersburg, FL 33711 has a population of 19,929 people in 7,631 households with a median age of 39 years old.

1.8%
Increase in population
since the year 2010
Population is Trending up
7,475
Total households as of 2010
2.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 39 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Black 50%
White 40%
Hispanic 7%
Other 2%
Asian 1%
Native American <1%
The most prevalent ethnicity is Black at 50%, followed by White at 40%, Hispanic at 7%, and Other at 2%.

Economics
for St Petersburg, FL 33711

3,331 /sq mi
Population Density
$70,674 /yr
Median Household Income
$280,000
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.53% of the households.

Transportation to Work

  • Drive 74%
  • Walk or Bike 13%
  • Work from Home 12%
  • Public Transit 2%

Occupancy by Type

Owned 5,158 59%
Rented 2,473 28%
Vacant 1,048 12%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Family & Education Facts
for St Petersburg, FL 33711

39 Median Age

Average Household Size

2.3
persons per
household

43.4%

Married Households

Community Population By Education

High School Graduate 34%
Some College 22%
Bachelors Degree 18%
Graduate Degree 12%
Associates Degree 9%
Some High School 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 34.42% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
25.4% of households have children

Weather
for St Petersburg, FL 33711

The weather for this area ranges from a high of 90° F in August to a low of 53° F in January

90° August
Hottest Average Month
53° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
53°
71°
Feb
54°
73°
Mar
58°
76°
Apr
63°
81°
May
69°
86°
Jun
73°
89°
Jul
75°
90°
Aug
75°
90°
Sep
74°
89°
Oct
67°
84°
Nov
60°
78°
Dec
54°
72°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Tour the area

Schedule a
tour with a
personal guide

There's more to learn about St Petersburg, FL 33711!
Explore more local area information

An Equal Opportunity Company

Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Loading