944 15TH AVENUE S, St Petersburg, FL 33705

Building Details

Year Built

1925

Listing agent SHAWNA OPDYCKE License #3374267

Listing office KELLER WILLIAMS SOUTH TAMPA t***@gmail.com Show Phone

Listing date Mar 28, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS SOUTH TAMPA

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Overview

This five-unit multi-family investment property is located minutes from Downtown St. Pete and Tropicana Field. The property is in X Flood Zone, and the current owners have made no flood damage or hurricane claims. New roofs were installed on all buildings in 2022, and foundation stabilization has been completed for all three buildings with a Lifetime Warranty. All units are separately metered for electric and water. Recent updates include waterproof flooring in all units, updates to plumbing and electrical, interior and exterior paint, and cabinets. A/C units have also been updated, and current renovations are 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. A common utility room previously housed an on-site washer/dryer, which could add additional revenue from a coin-operated setup. 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.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

St Petersburg

County

Pinellas

State

Florida

Longitude

-82.6478

Latitude

27.755

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FAQs

What type of property is this?

Apartment building - Five-unit property near downtown St. Pete with development potential.

Where is this apartment building located?

The property is located at 944 15TH AVENUE 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 near 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.**