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    944 15Th Ave S St Petersburg, FL 33705

    Sponsored
    For Sale
    Pending
    $895,000

    Multi Family - ST PETERSBURG, FL

    Type:Single Family Attached
    Property size:
    3,872 SF
    Lot size:
    0.16 Acres
    Days on Market:
    74
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 944 15Th Ave S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Pending
    APN
    25-31-16-64728-000-0110
    Size
    3,872 SF
    Lot size
    0.16 Acres

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1925
    Number of units
    5
    Flooring type
    Laminate
    Building materials
    Stucco
    Architectural style
    Other

    Keller Williams South Tampa (813) 875-3700 [email protected]

    Listing agent Shawna Opdycke (813) 875-3700 License #3374267

    Listing date Oct 24, 2025

    MLS# TB8367634 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

    St. Petersburg Multifamily Investment Opportunity

    This five-unit multifamily investment property is located minutes from Downtown St. Petersburg and Tropicana Field. The property is situated in an X Flood Zone, with no flood damage or hurricane claims made by the current owners. New roofs were installed on all buildings in 2022. Foundation stabilization has been completed for all three buildings and includes a lifetime warranty. Each unit is separately metered for electric and water. Recent updates include waterproof flooring in all units, updates to plumbing and electrical systems, interior and exterior paint, cabinets, and A/C units. Renovations are currently underway. The property is located within blocks of Midtown Academy, the local library, and the area Community Center. Zoned for up to 9 units by both the county and the state, this property offers many future use possibilities in a developing area of St. Petersburg. The property has a common utility room that previously housed an on-site washer and dryer, which could provide additional revenue from a coin-operated laundry facility. All units have previously passed Section 8 inspections, and Section 8 rates provide a strong CAP Rate for this investment property, with potential for future development. The property size is 3872 square feet and the lot size is 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agape House TLF ... Rehabilitation Center

    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
    -82.647759
    Latitude
    27.755024

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    FAQs

    What type of property is this?
    Apartment building - Five-unit multifamily property near downtown St. Petersburg with development potential.
    Where is this apartment building located?
    The property is located at 944 15Th Ave S St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Rare 5-unit multi-family investment property minutes from Downtown St. Pete and Tropicana Field.; - Zoned for up to 9 units, offering future development potential.; - New roofs (2022) and foundation stabilization with Lifetime Warranty on all buildings.
    (646) 330-8481
    Request Owner's contact information
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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
    944 15Th Ave S St Petersburg, FL 33705
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