324 7th Street S, SAINT PETERSBURG, FL 33701
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Priced at Only: $1,195,000
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Address: 324 7th Street S, SAINT PETERSBURG, FL 33701
Property Location and Similar Properties
- MLS#: TB8322027 ( Residential Income )
- Street Address: 324 7th Street S
- Viewed: 1
- Price: $1,195,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1920
- Bldg sqft: 0
- Bedrooms: 4
- Total Baths: 4
- Days On Market: 34
- Additional Information
- Geolocation: 27.7679 / -82.643
- County: PINELLAS
- City: SAINT PETERSBURG
- Zipcode: 33701
- Subdivision: Rev Map Of St Petersburg
- Elementary School: Campbell Park Elementary PN
- Middle School: John Hopkins Middle PN
- High School: St. Petersburg High PN
- Provided by: COMPASS FLORIDA, LLC
- Contact: Bradley Goldfinger
- 813-355-0744
- DMCA Notice
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DescriptionIntroducing a prime 4 unit multifamily property located in the heart of downtown St. Petersburg, offering exceptional investment potential and modern upgrades. This well maintained property boasts an average monthly rental upside of $275 per unit, or approximately $13,000 annually, based on comparable properties in the market. Significant renovations have been completed in both 2022 and 2023, including stunning interior upgrades such as sleek stainless steel appliances, white shaker cabinets, new water heaters, and quartz countertops. The exterior has been meticulously enhanced with fresh sealant and painting, balcony repairs, fencing replacement, staircase repairs, and upgraded central AC units. With amenities that include select furnished units, an on site laundry facility, private front porches, and a fenced in lot, this property offers comfortable living in a vibrant location. Situated within walking distance to the best of downtown St. Petersburg, including upscale dining, retail destinations, and the scenic waterfront on Central Avenue and Beach Drive, this property is perfectly positioned. Its also just a 5 minute walk to the highly anticipated $6.5 billion Tropicana Field redevelopment project, which will transform the area with a new baseball stadium, 1.4 million square feet of office and medical space, retail and dining, hotels, and more. The property is ideally located near major employers such as St. Anthonys Hospital (1.3 miles), Bayfront Health (0.5 miles), Johns Hopkins All Childrens Hospital (0.5 miles), Tropicana Field (0.3 miles), and the University of South Florida St. Petersburg Campus (0.4 miles). Plus, with St. Pete Beach just 7.9 miles away, ranked as the #1 beach in the U.S. by TripAdvisor in 2021, this property offers both urban convenience and coastal relaxation. This is a rare opportunity to own a high potential, renovated multifamily asset in one of Floridas most sought after locations.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Sidewalk
- Flooring: Tile, Wood
- Living Area: 2368.00
- Roof: Shingle
School Information
- High School: St. Petersburg High-PN
- Middle School: John Hopkins Middle-PN
- School Elementary: Campbell Park Elementary-PN
Garage and Parking
- Garage Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Pets Allowed: Yes
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Net Operating Income: 0.00
- Tax Year: 2023
Other Features
- Appliances: Dishwasher, Disposal, Microwave, Range
- Country: US
- Interior Features: Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat
- Legal Description: REV MAP OF ST PETERSBURG BLK 62, S 50FT OF LOT 8
- Area Major: 33701 - St Pete
- Parcel Number: 19-31-17-74466-062-0082
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