4645 15th Ave S Saint Petersburg, FL 33711
Childs Park NeighborhoodEstimated payment $3,045/month
About This Lot
Pre construction 8-unit multifamily property is one of the best development opportunities in Tampa Bay! The offering is for the land and plans. For an additional fee, the developer can deliver the site permit and shovel ready. Brand new construction means insurance and capital expenditures will be very low. This is a whole new asset class of new construction rental 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 8 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 LVP 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 8% 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 developer is projecting a $2M 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.
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3438328 Listed on: 05/19/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,363
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 97x129
- 2 Lots in the community
- Additional Parcels
Community Details
- Ridgeway Subdivision
Listing and Financial Details
- Tax Lot 41, 42
- Assessor Parcel Number 28-31-16-75006-000-0420
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $618 | $69,827 | $69,827 | -- |
| 2023 | $618 | $60,704 | $60,704 | $0 |
| 2022 | $536 | $50,243 | $50,243 | $0 |
| 2021 | $463 | $37,725 | $0 | $0 |
| 2020 | $885 | $57,335 | $0 | $0 |
| 2019 | $790 | $48,530 | $13,665 | $34,865 |
| 2018 | $690 | $38,878 | $0 | $0 |
| 2017 | $642 | $36,022 | $0 | $0 |
| 2016 | $558 | $27,882 | $0 | $0 |
| 2015 | $489 | $21,458 | $0 | $0 |
| 2014 | $492 | $22,100 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $550,000 | -15.4% | -- |
| 05/19/2025 05/19/25 | For Sale | $650,000 | +470.2% | -- |
| 07/05/2023 07/05/23 | Sold | $114,000 | -4.2% | $94 / Sq Ft |
| 06/20/2023 06/20/23 | Pending | -- | -- | -- |
| 06/16/2023 06/16/23 | Price Changed | $119,000 | 0.0% | $98 / Sq Ft |
| 06/16/2023 06/16/23 | For Sale | $119,000 | +19.1% | $98 / Sq Ft |
| 05/17/2023 05/17/23 | Pending | -- | -- | -- |
| 05/15/2023 05/15/23 | For Sale | $99,900 | -- | $82 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $114,000 | Sundial Title | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | $67,000 | None Listed On Document |
Source: Stellar MLS
MLS Number: TB8387902
APN: 28-31-16-75006-000-0420
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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