Saint Petersburg, FL Apartment Buildings for Sale

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Updated: May 28

Concrete Block Multifamily Building

7180 50TH Avenue N, St Petersburg, FL 33709

$600,000

3,607 sqft 0.27 AC lot

6‑unit multifamily property on a 0.27‑acre lot in unincorporated Pinellas County
Concrete block construction (block) built in 1949
Central heating and central air conditioning
Public water and public sewer service
Roofing includes built‑up and membrane systems

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This listing looks promising.

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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: Aug 26, 2025

Three-Building Multifamily Portfolio

1040 19TH Avenue N, St Petersburg, FL 33704

$800,000

2,094 sqft 0.14 AC lot

5 total units across 3 buildings: single‑family bungalow, triplex, and a detached efficiency/tiny home
Front single‑family home has 2 bedrooms and 1 bathroom
Two‑story triplex has 1‑bedroom/1‑bathroom units
Detached efficiency/tiny home includes a separate porch and studio layout
Shared laundry room for tenants; screened‑in gazebo for storage

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8-Unit Mediterranean Apartment Building

1233 OAK Street NE, St Petersburg, FL 33701

$1,499,990

4,938 sqft 0.10 AC lot

Boutique two-story building with eight one-bedroom units, detached garage coin laundry, and a roof replacement in 2025.

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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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Restored Nine-Unit Multifamily Building

326 6TH Avenue N, St Petersburg, FL 33701

$1,800,000

3,076 sqft 0.15 AC lot

Fully restored nine-unit building with legal short term rental flexibility under CCT-1 zoning.

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Mixed-Use Redevelopment Site

7210 GULF Boulevard, St Pete Beach, FL 33706

$2,975,000

0.56 AC lot

Redevelopment site with an abandoned 10-unit apartment building on 0.56 acres along Gulf Blvd in St. Pete Beach.

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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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Historic Multifamily Portfolio Collection

211 SEVENTH AVE N, St Petersburg, FL 33701

$2,790,000

7,084 sqft

Two early-20th-century properties totaling 16 units are 100% occupied as of May 2026.

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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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Five-Unit Multifamily Investment

944 15TH Avenue S, St Petersburg, FL 33705

$895,000

3,872 sqft 0.16 AC lot

Five-unit multifamily property with separate electric and water meters and new roofs installed in 2022.

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Furnished Hotel and Multifamily Building

523 72nd Ave, St Pete Beach, FL 33706

$16,995,000

17,075 sqft

Block construction hospitality and long-term multifamily units with impact-rated windows and doors, centered around a resort-style pool courtyard.

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Five-Unit Multifamily Property

944 15TH Avenue S, St Petersburg, FL 33705

$895,000

3,872 sqft 0.16 AC lot

Five separately metered units with recent roof replacements and foundation stabilization, located in X flood zone.

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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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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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Pre-Construction Multifamily Apartment Building

1750 2ND Avenue N, St Petersburg, FL 33713

$2,800,000

480 sqft 0.15 AC lot

Pre-construction site for 33 new rental apartments with approved plans and construction bids available.

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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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31-Unit Concrete Block Apartment Building

St Petersburg, FL 33702

$7,750,000

32,434 sqft

Fully stabilized 31-unit apartment building with central AC, elevator, laundry rooms, and 46 off-street parking spaces.

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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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Planned 74-Unit Multifamily Development Site

St Petersburg, FL 33713

$4,070,000

34,049 sqft

A boutique-scale multifamily development site with a planned 74-unit apartment community and substantial predevelopment documentation package.

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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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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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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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9-Unit Multifamily Property

St Petersburg, FL 33701

Contact for pricing

6,550 sqft

Well-maintained 9-unit multifamily asset near Beach Drive and the downtown waterfront.

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Apartment Building with Living Area

360 81ST AVENUE, St Pete Beach, FL 33706

$900,000

2,360 sqft

Apartment building with good living area, damaged by hurricane.

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Saint Petersburg, FL Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Saint Petersburg, FL, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 365,902 square feet of properties for sale, with an estimated market value of $77,414,880.

Sale prices for two-family homes in Saint Petersburg, FL start at $600,000, averaging $3,096,595, and reaching up to $16,995,000 — 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 358K

Population Growth (5Y) +0.7%

Median Household Income $72,848

College Educated 29.5%

High-Yield Neighborhoods for Investment

Identify Saint Petersburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
33709	$600K

Taxes & Financing

Tax Rate (average for all types) 1.74%

Property Tax per SF $8.67 per SF

Tax Rate vs County Average 0.04 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pinellas County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Saint Petersburg fall within the 100,000+ square foot range.

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