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    1233 OAK STREET NE St Petersburg, FL 33701

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    For Sale
    $1,499,990

    Multi-Family 5+ - ST PETERSBURG, FL

    Property size:
    4,938 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $303/SF
    Added:
    Feb 5, 2026
    Days on Market:
    84
    Last Refresh:
    Apr 30 at 6:06 pm

    Property Features for 1233 OAK STREET NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Garage, Off Street, On Street
    Interior features
    Ceiling Fans(s), Eat-in Kitchen
    Exterior features
    Lighting, Sidewalk, Storage
    Appliances
    Dryer, Range, Refrigerator
    Standard status
    Active
    APN
    18-31-17-05274-001-0060
    Size
    4,938 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    17418

    Utilities

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

    Building Details

    Year built
    1925
    Number of units
    8
    Flooring type
    Linoleum, Wood
    Building materials
    Frame, Stucco
    Roof type
    Built-Up
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Carol Giovannoni
    Carol Giovannoni

    Listing agent Carol Giovannoni License #614305

    Listing office RE/MAX PREFERRED 5801 Gulf Blvd, St Pete Beach, FL

    Listing date Feb 5, 2026

    MLS# TB8473243 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

    Mediterranean Multifamily Income Property

    Located in the highly sought-after historic Old Northeast neighborhood of St. Petersburg, this iconic Mediterranean multifamily income property, known as the Melrose, is a boutique 8-unit residence. The neighborhood is recognized as one of St. Petersburg’s top spots to live, work, and play, featuring red-brick roads, mature oak shade trees, and splendid homes. The Melrose is a landmark property with terrific visibility and curb appeal. The 2-story building includes 8 one-bedroom, one-bath apartments, each with a living room and eat-in kitchen. Classic Mediterranean features include thick stucco exterior walls, barrel tile ornate accents, and terra cotta entry steps. A hexagonal paver sidewalk is located at the front of the building. Interior features include a gracious common lobby and vintage hardwood flooring. The property has newer, separately metered electricity, an efficient tankless gas hot water heater, and an on-site coin laundry in the detached garage building, which provides additional revenue. A new roof was installed in 2025. The property is fully occupied with annual leases and long-term tenants. The location is high and dry, requiring no flood insurance. Situated 3 blocks from Beach Drive NE and the vibrant urban core of downtown St. Petersburg, the property is near galleries, the North Shore Aquatic Complex, waterfront parks, the new Pier, boutiques, restaurants, bars, and live entertainment, plus music and art festivals. The property size is 4,938 square feet, situated on a lot of 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.631404
    Latitude
    27.78458

    FAQs

    What type of property is this?
    Apartment building - Boutique 8-unit residence in historic Old Northeast.
    Where is this apartment building located?
    The property is located at 1233 OAK STREET NE St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $1,499,990.
    What are key features of this property?
    This property features: Prime Location in the desirable historic 'Old Northeast' neighborhood, close to downtown St. Petersburg's amenities.; Strong Income Potential with long‑term tenants and annual leases, providing a stable income stream.; Classic Mediterranean Architecture with stucco walls, barrel tile accents, and terra cotta entry steps offering significant curb appeal.
    More about this property
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