1405 7th Avenue

Saint Petersburg, FL 33705

  • 4 Bed(s)
  • 4 Bath(s)
  • 1,656 Sqft
  • 0.05
    Acre(Lot)
$949,000

Description

Charming 4-unit multi-family property in uptown st. pete producing $6,082 monthly. step into a prime investment opportunity with this meticulously renovated 2-story multi-family property in the sought-after uptown neighborhood of st. petersburg. this charming building blends historic elegance with modern amenities. fully leased and generating $6,082 monthly, it promises consistent cash flow and long-term appreciation potential. this property offers an excellent roi with potential for rent increases. as a turnkey investment, all four units are fully renovated with modern finishes, ensuring minimal immediate capital expenditure. each unit has its own electric meter, simplifying management and making utility costs predictable. located just minutes from downtown st. pete’s vibrant dining, shopping, and entertainment, the neighborhood boasts high rental demand, ensuring low vacancy rates and stable income. unit 1 is a 1-bedroom, 1-bathroom unit renting for $1,700 per month with 9 months remaining on the lease. unit 2, on the second floor, is a studio with a separate kitchen and private bathroom, currently renting for $1,507 per month, with an expected renewal at $1,600 per month. unit 3, also on the second floor, is a studio with a private bathroom, renting for $1,600 per month with 8 months remaining. unit 4 is a ground-floor studio with a full kitchen and private bathroom, renting for $1,275 per month, also with 8 months remaining. with individual electric meters and modern amenities, property management is streamlined. st. pete’s growing real estate market promises value appreciation, making this property an attractive long-term investment. financially, the property an annual gross income of $72,984. with anticipated rent adjustments, the annual income can increase further, enhancing the investment’s profitability. all financial details and lease information provided are accurate as of the listing date. prospective buyers are encouraged to verify all details and conduct thorough due diligence. seize this lucrative investment opportunity today and secure your stake in st. pete’s thriving real estate market!!!

  • Property Type

    Residential

  • Subdivision

    Bon Air

  • County

    Pinellas

  • Style

    Residential

  • AD ID

    46030583

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Property Details

  • Bedroom Information

    • Total Bedroom: 4

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 4

    Interior Features

    • Ceiling Fans(s), Open Floorplan
    • Roof: Shingle
    • Appliances: Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
    • Laundry Features: Common Area, Electric Dryer Hookup, Outside, Washer Hookup

    Roofing Information

    • Shingle

    Flooring Information

    • Flooring: Luxury Vinyl
    • Construction Materials: Wood Frame

    Heating & Cooling

    • Heating: Electric
    • Cooling: Central Air, Wall/Window Unit(s)
    • WaterSource: Public

  • Building Information

    • Year Built: 1928

    Exterior Features

    • Awning(s), Balcony, Dog Run, Lighting, Private Mailbox, Sidewalk
    • Construction Materials: Wood Frame
    • Foundation Details: Concrete Perimeter

  • Lot Information

    • Lot Dimensions: 38x53
    • Lot Square Feet: 2039
    • Lot Acres: 0.05

    Property Information

    • Property Type: Residential
    • Sub Type: Single Family Residence

  • Listing Price Information

    • Original List Price: $987000

  • Tax Information

    • Annual Tax: $4959.58
    • Tax Year: 2023
    • Parcel Number: 13-31-16-10062-000-0800

  • Utility Information

    • Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water Connected

    Location Information

    • Subdivision: BON AIR
    • City: ST PETERSBURG
    • Direction: From Downtown St. Petersburg: Head north on 4th St N. Turn left onto 7th Ave N. Continue for approximately 0.5 miles. The property will be on your right-hand side at 1405 7th Ave N. From Tampa via I-275 S: Take I-275 S toward St. Petersburg. Use Exit 23B for 8th St N. Turn left onto 8th St N. Turn right onto 7th Ave N. Continue for about 0.3 miles. The property will be on your left-hand side at 1405 7th Ave N. From St. Pete Beach: Head east on Central Ave toward Downtown St. Petersburg. Turn left onto 34th St N/US-19 N. Turn right onto 5th Ave N. Turn left onto 16th St N. Turn right onto 7th Ave N. The property will be on your left-hand side at 1405 7th Ave N. Let me know if you'd like directions from a specific location or further details!
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BuyOwner last updated this listing Sun Feb 09 2025

  • MLS: MFRU8245876
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

is a Home, with 4 bedrooms which is for sale, it has 1,656 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.