3540 1ST AVENUE S St Petersburg, FL 33711
- Added:
- Oct 19, 2023
- Days on Market:
- 925
- Last Refresh:
- Apr 30 at 9:06 pm
Property Features for 3540 1ST AVENUE S
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 22-31-16-96228-002-0050
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2022
- Tax Annual Amount
- 1289.54
Building Details
- Architectural style
- Other
Listing agent Zach Steinberger License #3438328 (941) 539-7253
Listing office COMPASS FLORIDA LLC 200 Central Ave, FL, FL (727) 339-7902
Listing date Oct 19, 2023
MLS# U8218053
Listing URL
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Overview
Permitted Multifamily Property in St. Petersburg
This permitted and approved 6-unit multifamily property is a new construction opportunity located in St. Petersburg, Florida. The property, situated on a 0.2-acre lot, offers the option to be sold as two separate triplexes. Each unit features a 3-bed/2-bath floor plan. The units are designed to maximize space and functionality, with a seamless flow between living areas, bedrooms, and kitchens. Interiors feature high-end finishes, premium fixtures, and appliances, including hardwood flooring and designer lighting fixtures. The property is projected to operate as a 10% cap rate investment with no capital expenditures required due to its new construction status. Customization options for floor plans and finishes are available with the builder. The builder projects a $1.2 million build for the property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.681529
- Latitude
- 27.769756
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Permitted 6-unit multifamily property, new construction, excellent investment opportunity.
Where is this apartment building located?
The property is located at 3540 1ST AVENUE S St Petersburg, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Permitted, approved, and shovel‑ready 6‑unit multifamily property, offering immediate development potential.; Option to purchase as two separate triplexes, providing flexible investment strategies.; Brand new construction with low insurance costs and no expected capital expenditures.
