1326 17th Terrace N St. Petersburg, FL 33704
Euclid-Saint Paul NeighborhoodEstimated payment $5,632/month
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
COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3315218 Listed on: 07/25/2025

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
- Visit Down Payment Resource Website
- Legal Lot and Block 3 / G
- Assessor Parcel Number 13-31-16-26262-007-0030
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: TB8409497

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