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    3103 16Th St N St Petersburg, FL 33704

    For Sale
    $1,199,000

    Quadruplex - ST PETERSBURG, FL

    Type:Quadruplex
    Property size:
    2,680 SF
    Lot size:
    0.19 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 3103 16Th St N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    12-31-16-86166-001-0230
    Parking features
    Driveway, Off Street
    Interior features
    Accessibility Features, Ceiling Fans(s), Chair Rail, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Window Treatments
    Exterior features
    Balcony, Courtyard, Dog Run, Fence, Lighting, Private Entrance, Private Mailbox, Sidewalk
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Freezer, Microwave, Oven - Convection, Range, Refrigerator, Washer
    Size
    2,680 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Number of units
    4
    Flooring type
    Tile, Vinyl
    Building materials
    Frame, HardiPlank Type
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Kennel/Dog Run

    eXp Realty LLC (888) 883-8509 [email protected]

    Listing agent Josh Neighoff (888) 883-8509 License #3464897

    Listing date Nov 19, 2025

    MLS# TB8449162 Listing URL

    Copyright © 2025 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.

    Overview

    Rebuilt Quadplex Near Downtown St. Pete

    Blue Pelican is a commercial-quality quadplex that has been rebuilt from the studs up, with only portions of the exterior framing and slab remaining. Every major component is new, including the electrical system and panels, plumbing, roof, HVAC, siding, impact-rated windows and doors, driveway, insulation, drywall, upscale kitchens and bathrooms, and all interior finishes. The property features a commercial fire sprinkler system and a commercial fire alarm system. Each residence has been fully redesigned with modern layouts and high-end finishes, and one of the units is fully ADA compliant with an exterior wheelchair-accessible ramp. Additional upgrades include designated bicycle parking. The property is located in a growing, high-demand market near downtown St Pete and around the corner from Crescent Lake. The building lives more like a newly constructed boutique apartment building than a traditional four-unit. The property sits on a lot of approximately 0.19 acres and has a property size of 2680 square feet. All units are separately metered for electric, creating an efficient and predictable utility structure. The owners are currently replicating this project with the mirror-image property next door, which will be completed as “Green Pelican” and will match Blue Pelican in layout, quality, and commercial-grade upgrades. Once completed, this will enhance the overall appeal and value of Blue Pelican, and a future purchaser will have the opportunity to acquire both properties for a cohesive and highly attractive 8-unit investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.65463
    Latitude
    27.800256

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    FAQs

    What type of property is this?
    Quadplex - Turnkey, fully rebuilt quadplex with commercial-grade systems and stabilized rent roll.
    Where is this quadplex located?
    The property is located at 3103 16Th St N St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: - Completely rebuilt quadplex with commercial-grade systems for durability and safety.; - Turnkey property with $108,300 annual gross income and minimal future capital expenditure needs.; - Modern, high-end interior design with fully redesigned layouts in each unit.
    (888) 883-8509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3103 16Th St N St Petersburg, FL 33704
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