Historic Old Northeast
121 18TH AVENUE N St Petersburg, FL 33704
121 18TH AVENUE N, St Petersburg, FL, 33704
$2,500,000
For Sale
$2,500,000
Quadruplex - ST PETERSBURG, FL
Property Size3,180 SF
Lot Size0.14 Acres
Price / SF$786.16
Days on Market101
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 Agency
RE/MAX ACTION FIRST OF FLORIDA
(727) 531-2006
410 S. Lincoln Ave., Clearwater, FL
Listed by
Kyle Collins · License #3446512
(727) 729-0689
Added: Apr 9 Checked: Jul 18 at 6:06 pm
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.
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Melrose Place Apartments
Apartment Building
Similar For Sale Nearby
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.
