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742 7th Avenue N, St Petersburg, FL 33701

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For Sale

$1,450,000

3,515 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $412.52
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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!
MLS# TB8330842

Courtesy Of Coldwell Banker Residential

(727) 360-6927

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Architecture Style
    Other
  • Heating System
    Central Furnace
  • Lot Size
    0.18 Acres

Home seller CENTURY 21 Jim White & Associates

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 Jim White & Associates

(727) 367-3795
Learn More About Us

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