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3527 1ST AVENUE S St Petersburg, FL 33711

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New
For Sale
$1,200,000

Multi-Family 5+ - ST PETERSBURG, FL

Property size:
3,641 SF
Lot size:
0.29 Acres
Added:
Apr 1, 2026
Days on Market:
2
Last Refresh:
Apr 2 at 11:06 pm

Property Features for 3527 1ST AVENUE S

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
22-31-16-96192-002-0120
Size
3,641 SF
Lot size
0.29 Acres

Taxes and HOA fees

TaxYear
2025
TaxAnnualAmount
9461.87

Utilities

Cooling system
Central Air

Building Details

Year built
1971
Number of units
12
Building materials
Brick
Roof type
Built-Up
Architectural style
Other

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Listing Contact
Troy Walseth

Listing agent Troy Walseth License #3261857

Listing office KELLER WILLIAMS GULF BEACHES 10681 Gulf Blvd Suite 201, St. Pete Beach, FL

Listing date Apr 1, 2026

MLS# TB8493152 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.


Overview

St. Petersburg Multifamily Investment Opportunity

Located near 34th Street and Central Avenue in St. Petersburg, this multifamily property features 12 bedrooms and generates income with high visibility. The property maintains approximately 90% occupancy through a weekly rental model. Ten rooms include private full baths, while the remaining two share a bath. Common areas include a shared kitchen, a living room, and an on-site laundry room. The property generates approximately $250 to $300 per week per room through PadSplit, with an annual gross revenue of $129,600 projected for 2025. Tenant stays range from two months to two years. Three independent AC systems provide year-round comfort, and an on-site parking lot accommodates daily traffic. The building has 3,641 square feet of living space within a 4,377 gross square foot commercial structure. Originally a medical clinic, the property retains its clinical layout, featuring private rooms with en-suite baths and separation between spaces. The zoning is commercial with residential use. Bayfront Health St. Petersburg, St. Anthony's Hospital, and Johns Hopkins All Children's Hospital are nearby. I-275 provides access to Tampa in under 30 minutes, and the SunRunner rapid transit line connects to downtown St. Pete. The lot size is 0.29 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bay Area Internal ... Medical Clinic Kiritkumar Patel Kirit ... Physician Patel Vijay MD Physician Dr. Aurindom Narayan, ... Physician Narayan Aurindom MD Physician

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
St Petersburg
County
Pinellas
State
Florida
Longitude
-82.681453
Latitude
27.770309

FAQs

What type of property is this?
Apartment building - 12-bedroom multifamily property near St. Petersburg's high-traffic corridor.
Where is this apartment building located?
The property is located at 3527 1ST AVENUE S St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 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.
More about this property
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