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Multifamily Building on Two Parcels
For Sale
Contact for pricing
Pending

644 3rd Ave S, Saint Petersburg, FL 33701

DC-2-zoned property with a primarily studio and one-bedroom unit mix and near-complete occupancy.

Property Size11,000 SF
Lot Size0.46 Acres
Days on Market143

Property Features for 644 3rd Ave S

General Information

Standard status Pending
Size 11,000 SF
Class Class C
Lot size 0.46 Acres
Property subtype Land
Zoning DC-2

Additional Details

Multifamily Units 18
Listing Agency: KW Commercial St. Petersburg
Listed By: Jake Wollman · License #3511103
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:47AM

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 KW Commercial St. Petersburg

Investment Insights

Based on property information with market context.

The property at 644 3rd Ave S comprises two contiguous parcels totaling approximately 0.46 acres. An existing Class C multifamily building contains 18 units with a total building area of approximately 11,000 square feet. The unit mix consists primarily of studios and one-bedroom apartments, with units varying in size.

The site is designated DC-2 and is located in Saint Petersburg, Florida. Owner-reported operating information indicates occupancy is close to full. The existing improvements and parcel configuration provide a multifamily asset with an established residential layout.

Key Highlights

  • Two contiguous parcels totaling +/- 0.46 acres
  • Existing Class C multifamily building with 18 units
  • Approximately 11,000sf total building size

Property Analytics

Current Use

Blink Charging Station Electric Vehicle Charging Station Domus Urbana Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Locksmith Carpet & Flooring Store Restaurant Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

7,458
Businesses Nearby

Demographics for 33701, FL

19,137
Population
13,434
Households
1.4
Avg Household Size
48
Median Age
55%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
7,088
Density / Sq Mi
$69,098
Median Household Income
$48,072
Median Earnings
$1,531
Median Rent
$590,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - DC-2-zoned property with a primarily studio and one-bedroom unit mix and near-complete occupancy.
Where is this apartment building located?
The property is located at 644 3rd Ave S Saint Petersburg, FL.
What are key features of this property?
This property features: Two contiguous parcels totaling +/- 0.46 acres; Existing Class C multifamily building with 18 units; Approximately 11,000sf total building size
More about this property
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