$890,000
$5K PRICE DROP

Estimated payment $5,632/month

Total Views 3,290
4 Beds
4 Baths
2,288 Sq Ft
$389 Price per Sq Ft

Highlights

  • No HOA
  • Courtyard
  • Heating Available
  • St. Petersburg High School Rated A

About This Home

Exceptional Multifamily Investment Opportunity!

Introducing a great opportunity to acquire a fully occupied, income-producing multifamily property in one of St. Petersburg’s most desirable neighborhoods: Euclid St. Paul’s. Ideally positioned near the Historic Uptown and Crescent Lake districts, this charming 1925-built asset is located at 1327 17th Avenue North, with convenient access to the northern units via 17th Terrace North.

The property consists of two well-maintained buildings totaling 2,288 square feet, configured as four thoughtfully designed 1-bedroom units—all currently leased. With a current cap rate of 6.1%, this is a solid performer with the potential for increased returns through a few minor interior improvements.

Situated in a high-demand rental submarket, this property offers full occupancy with consistent rental income, strong historical performance, and excellent tenant retention. Classic 1920s architecture is paired with modern updates, creating a timeless appeal for residents. The location provides easy access to downtown St. Pete, nearby parks, and major retail corridors, making it an attractive option for tenants and a stable, appreciating asset for investors.

Zoned NT-2 and ideally suited for low-rise, garden-style multifamily ownership, this is a rare chance to secure a turn-key property with both immediate cash flow and long-term value in a thriving St. Petersburg neighborhood.

Contact us today to schedule a private tour!

Listing Agent

Joey Romanik

COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3315218 Listed on: 07/25/2025

COMPASS FLORIDA LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,678

Year Built

  • Built in 1925

Lot Details

  • 4,918 Sq Ft Lot
  • Lot Dimensions are 47x104

Home Design

  • Quadruplex
  • Bi-Level Home
  • Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • Crawl Space
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Courtyard

Schools

  • Woodlawn Elementary School
  • John Hopkins Middle School
  • St. Petersburg High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2,708 Sq Ft Building
  • Euclid Grove 1St Add Subdivision

Building Details

  • Operating Expense $19,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,678

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Vinyl Siding, Frame
  • Fireplace: No
  • Living Area: 2288
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 2708
  • Lot Size Sq Ft: 4918
  • Directions to Property: 22nd Ave. N. to 14th St. N. South on 14th St. N. to 17th Ave. N. Left on 17th Ave. N. to address on the left.
  • Status: Active
  • Street Post Direction: N
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: St. Pete
  • Escrow Postal Code: 33704
  • Escrow State: FL
  • Escrow Street Name: 4th St. N.
  • Escrow Street Number: 2100
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 388.99
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 727-339-7902
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Thermostat
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 1326
  • Living Area Meters: 212.56

Exterior Features

  • Exterior Features: Courtyard
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0217H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Ductless
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Woodlawn Elementary-PN
  • High School: St. Petersburg High-PN
  • Middle Or Junior School: John Hopkins Middle-PN

Lot Info

  • Parcel Number: 13-31-16-26262-007-0030
  • Additional Parcels: No
  • Lot Dimensions: 47x104
  • Flood Zone Code: X
  • Lot Size Square Meters: 457

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer should verify any short-term rental restrictions with the city of St. Pete

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 2
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 10678
  • Tax Block: G
  • Tax Book Number: 6-71
  • Tax Lot: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $890,000 -0.6% $389 / Sq Ft
07/25/2025 07/25/25 For Sale $895,000 -- $391 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: TB8409497

Stellar MLS