$650,000
PENDING

Estimated payment $3,913/month

Total Views 1,091
8 Beds
4 Baths
2,500 Sq Ft
$260 Price per Sq Ft

Highlights

  • Open Floorplan
  • No HOA
  • Porch
  • Corner Lot
  • Family Room Off Kitchen
  • 4-minute walk to Play Lot #3

About This Home

Under contract-accepting backup offers. Welcome to this exceptional 4-unit apartment building located in beautiful St. Petersburg, FL! This property presents a fantastic investment opportunity with great potential for cash flow in one of Florida's most sought-after markets. Each unit features an open floor plans and attractive finishes. The building has been consistently maintained, ensuring a hassle-free experience for both investors and tenants. With four 2-bedroom 1-bath units, you can cater to a diverse range of renters, from young professionals to families. Situated just minutes from downtown St. Pete, residents enjoy easy access to shopping, entertainment options, as well as beautiful waterfront parks and beaches. The property is also conveniently located near public transportation and major highways, making it a desirable location for tenants. Don't miss out on this rare opportunity to own a piece of St. Petersburg's thriving real estate market. Whether you're an experienced investor or looking to start your portfolio, this property is a must-see! Schedule your showing today and envision the possibilities!

Listing Agent

Joseph Cavaleri

DIRECT EXPRESS REALTY Brokerage Phone: 727-827-2884 License #3011015 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1961

Lot Details

  • 6,747 Sq Ft Lot
  • Lot Dimensions are 85x70
  • Fenced
  • Corner Lot

Home Design

  • Quadruplex
  • Bi-Level Home
  • Slab Foundation
  • Membrane Roofing
  • Concrete Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,500 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Melrose Elementary School
  • John Hopkins Middle School
  • Gibbs High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,796 Sq Ft Building
  • La Plaza Add Subdivision

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Medium pets allowed

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $70,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,532

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2500
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 2796
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 6747
  • Tenant Pays: Electricity
  • Directions to Property: 22ND AVE S, NORTH ON 16TH ST S, WEST ON 18TH AVE S, NORTH ON RUSSELL ST S. PROPERTY IS ON THE CORNER.
  • Status: Pending
  • Street Post Direction: S
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 547417480
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 260.00
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 727-827-2884
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: Two
  • Street Number Modifier: 1799
  • Living Area Meters: 232.26

Exterior Features

  • Exterior Features: Fence, Lighting
  • Roof: Concrete, Membrane
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Porch
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: No vicious breeds
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

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

Schools

  • Elementary School: Melrose Elementary-PN
  • High School: Gibbs High-PN
  • Middle Or Junior School: John Hopkins Middle-PN

Lot Info

  • Parcel Number: 25-31-16-50040-000-0010
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits
  • Lot Dimensions: 85x70
  • Flood Zone Code: X
  • Lot Size Square Meters: 627

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Total Actual Rent: 5840
  • Lease Restrictions YN: 0
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 70080
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 4532.33
  • Tax Block: 0000
  • Tax Book Number: 55-64
  • Tax Lot: 1

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
07/03/2025 07/03/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $650,000 0.0% $260 / Sq Ft
01/04/2021 01/04/21 Rented $800 -15.8% --
12/23/2020 12/23/20 Under Contract -- -- --
12/09/2020 12/09/20 Price Changed $950 -4.5% $1 / Sq Ft
11/24/2020 11/24/20 Price Changed $995 +11.2% $2 / Sq Ft
11/17/2020 11/17/20 For Rent $895 +12.6% --
09/17/2018 09/17/18 Rented $795 0.0% --
06/27/2018 06/27/18 For Rent $795 0.0% --
02/08/2018 02/08/18 Rented $795 -11.2% --
01/11/2018 01/11/18 Price Changed $895 +12.6% $1 / Sq Ft
12/08/2017 12/08/17 For Rent $795 +6.0% --
09/14/2017 09/14/17 Off Market $750 -- --
06/16/2017 06/16/17 Rented $750 +7.9% --
05/17/2017 05/17/17 Under Contract -- -- --
05/01/2017 05/01/17 For Rent $695 -- --
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: TB8393584

Stellar MLS