Historic Old Northeast
121 18TH AVENUE N, St Petersburg, FL 33704
Quadruplex - ST PETERSBURG, FL
Type:Quadruplex
Property size:
3,180 SFLot size:
0.14 AcresPrice / SF:
$786/SF- Added:
- Apr 9, 2026
- Days on Market:
- 56
- Last Refresh:
- Jun 3 at 10:06 am
Property Features for 121 18TH AVENUE N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 7
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Interior features
- Built-in Features
- Exterior features
- Fence, Sliding Doors
- Fencing
- Fenced
- Standard status
- Active
- APN
- 07-31-17-02754-016-0190
- Size
- 3,180 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7438.47
Utilities
- Heating system
- Central, Ductless (Heating)
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1921
- Number of units
- 7
- Building materials
- Block, Frame, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Kyle Collins License #3446512 (727) 729-0689
Listing office RE/MAX ACTION FIRST OF FLORIDA 410 S. Lincoln Ave., Clearwater, FL (727) 531-2006
Listing date Apr 9, 2026
MLS# TB8495708
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location in the prestigious Historic Old Northeast neighborhood of St. Petersburg, close to downtown, waterfront parks, and Beach Drive.
- Turnkey, fully renovated one‑bedroom apartments, offering a hassle‑free investment.
- Strong income potential with a 4% Cap Rate at the $2,500,000 offer price.
- Unique 7‑unit multifamily property, a rare find in this affluent area.
- Seller financing and ongoing management services are negotiable.
- All utilities and internet/WiFi are master metered and reimbursed by tenants.
Overview
Melrose Place Apartments is a seven-unit multifamily property located among luxury homes in the Historic Old Northeast of St. Petersburg, Florida. Each one-bedroom, one-bath apartment averages approximately 600 square feet and has been fully renovated. One apartment is partially furnished. Tenants sign traditional 12-month leases. The property is situated minutes from Beach Drive, St Pete’s hub for dining, entertainment, nightlife, galleries. The Historic Old Northeast neighborhood is known for its proximity to downtown, waterfront parks, avenues, and homes. Nearby Vinoy Park on Tampa Bay features green space, a sports and aquatic complex, fitness trails, a dog park, and beach volleyball. City attractions include the New Pete Pier, Watch Discovery Center and Museum of History. The property is situated on a lot of 0.14 acres. The building size is 3,180 square feet. All utilities, as well as Internet/WiFi connectivity, are paid by the Owner via master meters with full reimbursement per monthly charge to tenants. The owner will consider seller financing and providing ongoing management services. Acquisition of Melrose Place is suited for investors seeking to establish a foothold in Historic Old Northeast. Investors interested in acquiring a turnkey, generational family asset to satisfy a pending 1031 Exchange, or expand and enhance a portfolio of high-quality real estate investments will want to tour and be compelled to acquire Melrose Place Apartments.
Property Profile
Location Intelligence
Current Use by Public Records
Melrose Place Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.635377
- Latitude
- 27.789695
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Seven-unit multifamily property in St. Petersburg's Historic Old Northeast.
Where is this apartment building located?
The property is located at 121 18TH AVENUE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location in the prestigious Historic Old Northeast neighborhood of St. Petersburg, close to downtown, waterfront parks, and Beach Drive.; Turnkey, fully renovated one‑bedroom apartments, offering a hassle‑free investment.; Strong income potential with a 4% Cap Rate at the $2,500,000 offer price.
