742 7TH AVE N St Petersburg, FL 33701
3,515 SqFt
UPDATED:
01/04/2025 05:32 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,515 sqft
Price per Sqft $412
Subdivision Plunkets Elijah B
MLS Listing ID TB8330842
HOA Y/N No
Originating Board Stellar MLS
Year Built 1915
Annual Tax Amount $14,613
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 56x140
Property Description
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!
Location
State FL
County Pinellas
Community Plunkets Elijah B
Direction N
Interior
Interior Features Ceiling Fans(s), Other
Heating Central, Other
Cooling Mini-Split Unit(s)
Fireplace false
Laundry Common Area
Exterior
Exterior Feature Balcony, Other
Utilities Available Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Concrete Perimeter
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
