Mixed-Term 7-Unit Multifamily
335 5TH Ave N St Petersburg, FL 33701
335 5TH Ave N, St Petersburg, FL, 33701
$1,490,000
For Sale
$1,490,000
Seven-unit building with a mix of 12-month leases and short-stay rentals near St. Petersburg’s waterfront parks.
Days on Market19
Property Features for 335 5TH Ave N
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1925
Listing Agency
RE/MAX Action First
(727) 729-0689
Listed by
Kyle Collins · License #3350352
(727) 729-0689
Source
Elliman
Added: Jul 1 Checked: Jul 17 at 6:02 am
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Investment Insights
Based on property information with market context.
The 7-unit property at 335 On Fifth Avenue is set up to support both longer-term tenants and short-stay guests. The building is currently operated with four traditional 12-month lease units, and three units are offered on a short-term basis with typical three- to four-night stays. The arrangement provides flexibility for an operator or owner looking to balance occupancy across different demand types.
Located in the heart of downtown St. Petersburg, the property is described as three blocks to St. Petersburg’s Beach Drive and waterfront parks, with guests positioned about four blocks to the “Beach Drive Scene.” It also borders the Historic Old Northeast area with redbrick avenues and stately homes. Vinoy Park on Tampa Bay is nearby and offers access to green space and a sports and aquatic complex, fitness trails, a dog park, and beach volleyball.
For buyers and tenants, the mixed-term setup can fit a range of goals, from year-round housing to shorter visits tied to the waterfront. Walk and bike convenience metrics are reported as 66 for Bikeable and 66 for Somewhat Walkable, with transitScore reported as 47. The current operating structure may also appeal to investors evaluating a multi-unit asset that can accommodate both lease-driven and short-stay revenue streams.
Located in the heart of downtown St. Petersburg, the property is described as three blocks to St. Petersburg’s Beach Drive and waterfront parks, with guests positioned about four blocks to the “Beach Drive Scene.” It also borders the Historic Old Northeast area with redbrick avenues and stately homes. Vinoy Park on Tampa Bay is nearby and offers access to green space and a sports and aquatic complex, fitness trails, a dog park, and beach volleyball.
For buyers and tenants, the mixed-term setup can fit a range of goals, from year-round housing to shorter visits tied to the waterfront. Walk and bike convenience metrics are reported as 66 for Bikeable and 66 for Somewhat Walkable, with transitScore reported as 47. The current operating structure may also appeal to investors evaluating a multi-unit asset that can accommodate both lease-driven and short-stay revenue streams.
Key Highlights
- 7‑unit building built in 1925
- Operated with four traditional 12‑month lease units and three short‑stay rental units
- Short‑stay rentals typically run 3- to 4‑night stays
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Apartment building - Seven-unit building with a mix of 12-month leases and short-stay rentals near St. Petersburg’s waterfront parks.
Where is this apartment building located?
The property is located at 335 5TH Ave N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 7‑unit building built in 1925; Operated with four traditional 12‑month lease units and three short‑stay rental units; Short‑stay rentals typically run 3- to 4‑night stays