Concrete Block Multifamily
7180 50TH Avenue N St Petersburg, FL 33709
7180 50TH Avenue N, St Petersburg, FL, 33709
$600,000
For Sale
$600,000
MULTI_FAMILY - ST PETERSBURG, FL
Property Size3,607 SF
Lot Size0.27 Acres
Price / SF$166.34
Days on Market57
Property Features for 7180 50TH Avenue N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- R-4
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bathroom 6, Bedroom 9, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 8, Bedroom 2, Bathroom 5
- Exterior features
- Balcony, Courtyard, Private Mailbox
- Standard status
- Active
- APN
- 06-31-16-02610-004-0060
- Size
- 3,607 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- BARCELO PARK BLK 4, LOT 6 & N 25FT OF LOT 7
- Tax Annual Amount
- 9601
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1949
- Number of units
- 5
- Building materials
- Block
- Roof type
- Built-Up, Membrane
Listing agency
KELLER WILLIAMS ST PETE REALTY
(727) 894-1600
Listed by
Brian Sandstrom · License #3431924
(727) 894-1600
Added: May 28 Updated: Jul 20 at 8:51PM Checked: Jul 23 at 8:06AM
MLS# TB8513067
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.
This concrete block multifamily property is currently configured as 6 units and is being sold as-is. The building has significant renovation needs and should be evaluated accordingly as a complete fixer rather than a cosmetic upgrade.
The property is located in unincorporated Pinellas County near major roads, shopping, dining, and Gulf Coast destinations. It sits on a 0.27-acre lot.
The offering includes a fixed 6-unit layout today, with buyers encouraged to verify unit count, measurements, zoning, permits, and code compliance during due diligence. Potential future changes, including expansion, redevelopment, or alternative use, may be explored subject to county approval and permitting.
The property is located in unincorporated Pinellas County near major roads, shopping, dining, and Gulf Coast destinations. It sits on a 0.27-acre lot.
The offering includes a fixed 6-unit layout today, with buyers encouraged to verify unit count, measurements, zoning, permits, and code compliance during due diligence. Potential future changes, including expansion, redevelopment, or alternative use, may be explored subject to county approval and permitting.
Key Highlights
- 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
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.9k | $18.00 |
| − Vacancy | −$4.6k | −$1.28 |
| EGI | $60.3k | $16.72 |
| − OpEx | −$27.1k | −$7.52 |
| NOI | $33.2k | $9.20 |
3,607 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$473.9K
$414.7K – $552.9K
NOI $33,174 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$938.2K
$820.9K – $1.09M
NOI $65,675 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 6-unit multifamily property on a 0.27-acre lot, sold as-is with significant renovation needs.
Where is this apartment building located?
The property is located at 7180 50TH Avenue N St Petersburg, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 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
