St Pete Beach, FL Apartment Buildings for Sale

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Updated: May 28

Value-Add Multifamily Opportunity

7180 50TH AVENUE N, St Petersburg, FL 33709

$600,000

3,607 sqft 0.27 AC lot

Value‑add opportunity with significant renovation potential for increased rental income or resale.
Six existing units offer flexibility for rental income, owner‑occupancy, or house hacking.
Spacious 0.27‑acre lot allows for potential expansion, redevelopment, or alternative uses (subject to county approval).
Desirable central Pinellas County location near major roads, shopping, dining, and Gulf Coast destinations.
Durable concrete block construction.

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This listing looks promising.

Here's a quick look at some key insights for

7180 50TH AVENUE N, ST PETERSBURG, FL 33709

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Est. Cap Rate

5.5%
NOI ÷ price
Est. NOI

$33K
Annual
Price @ 7% Cap

$474K
Suggested
Property Type

Triplex
Built 1949

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Updated: Apr 1

St. Petersburg Multifamily Investment Opportunity

3527 1ST AVENUE S, St Petersburg, FL 33711

$1,200,000

3,641 sqft 0.29 AC lot

High Income Potential: Generates $129,600 in annual gross revenue with approximately 90% occupancy.
Prime Location: Situated in a high‑traffic corridor near 34th Street and Central Avenue, close to major hospitals.
12 Bedrooms with Mostly Private Baths: Ten rooms feature private full baths, enhancing tenant appeal.
Weekly Rental Model with High Occupancy: Consistent 90% occupancy due to the desirable location and rental structure.
Commercial Zoning with Residential Use: Originally a medical clinic, the building's layout and zoning are ideal for medical or wellness practices.

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Historic Old Northeast Apartments

121 18TH AVENUE N, St Petersburg, FL 33704

$2,500,000

3,180 sqft 0.14 AC lot

Seven-unit multifamily property in St. Petersburg's Historic Old Northeast.

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Historic Old Northeast Apartments

St Petersburg, FL 33704

$2,500,000

4,200 sqft

Seven-unit multifamily property in St. Petersburg's Historic Old Northeast.

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St. Petersburg Multi-Family Investment Property

1835 16TH STREET S, St Petersburg, FL 33705

$625,000

2,112 sqft 0.13 AC lot

Stabilized co-living property near downtown St. Petersburg with income potential.

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Historic Old Northeast Apartments

121 18TH AVENUE N, St Petersburg, FL 33704

$2,500,000

3,180 sqft 0.14 AC lot

Seven-unit multifamily property in St. Petersburg's Historic Old Northeast.

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Site Plan Approved Multifamily Land

421 15TH AVENUE S, St Petersburg, FL 33701

$1,100,000

0.23 AC lot

Site plan approved for an 11-unit courtyard apartment community, with plans and survey documentation included.

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Two-Story 8-Unit Apartment Complex

1701 16th St N, St Petersburg, FL 33704

$1,500,000

4,172 sqft 0.20 AC lot

Two-story, all-concrete 8-unit apartment complex with front porches and 10 parking spaces on a major corridor intersection.

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Multifamily Property with Five Units

1040 19TH AVENUE N, St Petersburg, FL 33704

$800,000

2,094 sqft 0.14 AC lot

Five rental units across three buildings offer flexible living and income options with off-street parking and shared laundry.

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Mediterranean 8-Unit Multifamily Building

1233 OAK STREET NE, St Petersburg, FL 33701

$1,499,990

4,938 sqft 0.10 AC lot

8 one-bedroom apartments with separate electric meters and onsite coin laundry in a Mediterranean-style building.

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Historic Old Northeast Multifamily Building

St Petersburg, FL 33701

$1,800,000

5,124 sqft

Restored nine-unit building with short-term rental flexibility near downtown.

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Historic Nine-Unit Multifamily

326 6TH AVENUE N, St Petersburg, FL 33701

$1,800,000

3,076 sqft 0.15 AC lot

Fully restored multifamily building with code-compliant updates and legal short-term rental flexibility in a commercial corridor zone.

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Six-Unit Waterfront Apartment Building

5050 74TH Street N, St Petersburg, FL 33709

$975,000

3,409 sqft 0.36 AC lot

Six-unit apartment building with waterfront lot included and central air; all units currently on month-to-month leases.

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St. Pete Beach Investment Opportunity

6552 GULF WINDS DRIVE, St Pete Beach, FL 33706

$995,000

2,280 sqft 0.31 AC lot

Two prime properties: five-plex residential and established veterinary clinic.

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St. Petersburg Multi-Family Investment Opportunity

944 15TH Avenue S, St Petersburg, FL 33705

$895,000

3,872 sqft 0.16 AC lot

Five-unit property near downtown St. Pete with development potential.

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St. Petersburg Multifamily Investment Opportunity

944 15TH Avenue S, St Petersburg, FL 33705

$895,000

3,872 sqft 0.16 AC lot

Five-unit multifamily property near downtown St. Petersburg with development potential.

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Approved High-Rise Multifamily Development Site

St Petersburg, FL 33701

$8,030,000

160,000 sqft

An approved 18-story, 150-unit multifamily project site in downtown St. Petersburg with ready-to-advance project materials.

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Pre-Construction Multifamily Investment Opportunity

5148 1ST AVENUE S, St Petersburg, FL 33707

$700,000

0.26 AC lot

Land and plans for an 8-unit multifamily property.

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Concrete Block Multifamily Fixer

Saint Petersburg, FL 33709

$600,000

0.27 AC lot

Six-unit concrete block building on a 0.27-acre lot, sold as-is with significant renovation needs and repositioning options.

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St. Petersburg Multifamily Development Opportunity

1750 2ND Avenue N, St Petersburg, FL 33713

$2,800,000

480 sqft 0.15 AC lot

Pre-construction multifamily development site in St. Petersburg's Edge District.

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Multifamily Investment in West St. Petersburg

Saint Petersburg, FL 33709

$2,850,000

2.76 AC lot

Fully leased, 14-unit multifamily property with redevelopment potential.

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Land in St. Petersburg, FL

1750 2ND Avenue N, St Petersburg, FL 33713

$2,800,000

0.15 AC lot

Land with approved plans for multifamily development in St. Petersburg.

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Downtown St. Petersburg Multifamily Investment

St Petersburg, FL 33705

$4,500,000

1.62 AC lot

18-unit multifamily property in downtown St. Petersburg, fully occupied.

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St. Petersburg Multifamily Development Opportunity

1750 SECOND Avenue N, St Petersburg, FL 33713

$2,800,000

0.14 AC lot

Approved plans for 33 new apartments in St. Petersburg.

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St Pete Beach, FL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in St Pete Beach, FL, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 291,573 square feet of properties for sale, with an estimated market value of $55,134,880.

Sale prices for two-family homes in St Pete Beach, FL start at $600,000, averaging $2,120,572, and reaching up to $8,030,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 40K

Population Growth (5Y) -4.3%

Median Household Income $79,666

College Educated 44.2%

High-Yield Neighborhoods for Investment

Identify St Pete Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Saint Petersburg - 33706	$1.8M

Listings Trend

New vs delisted commercial listings in Pinellas County

New Delisted

Total CRE Inventory on Market (SF)

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