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8-Bedroom Apartment Building

1619 9TH AVENUE N, St Petersburg, FL 33713

For Sale
$739,000

Private ensuite bathrooms give each bedroom its own dedicated bath.

Property Size3,256 SF
Price / SF$226.97
Days on Market15

Property Features for 1619 9TH AVENUE N

General Information

Standard status Active
Size 3,256 SF
Property subtype Multi-Family 5+
Occupancy 100%

Additional Details

Public Transit Yes
Tenant in Place Yes

Amenities

0.1 acres, Dimensions: 45x100, Central Business District, City Limits
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 13-31-16-51390-000-0250, Public Survey Range: 16, Public Survey Section: 13, Annual Amount: $6,042.03, Tax Block: 00, Tax Book Number: 1-9, Legal Description: LEWIS & BURKHARD LOT 25 LESS RD R/W ON S, Lot: 25, Year: 2025
Ceramic Tile, Luxury Vinyl
Gross Income: $96,000, Gross ScheduledIncome: $8,000, Net Operating Income: $4,473, Rent Only
Mini-Split Unit(s)
Listing ID: MFRTB8561562, Standard Status: Active, MLS Status: Active, Property Subtype: Multi-Family 5+, On market as of 2026-10-26, 1 day on market, Special Conditions: None
Built in 1926, Living area: 3188, Living area units: Square Feet, 2 stories, Levels: Two, Construction Materials: Block, Stucco
Subdivision: LEWIS & BURKHARD, MLS Area (Major): 33713 - St Pete, County/Parish: Pinellas
Water Source: Public
Slab
Close Of Escrow
Allowed: No
Frontage Type: City Street, Road Surface: Asphalt
Dryer, Refrigerator, Washer

Building Details

Year Built 1926
Listing Agency: ACE REALTY & AUCTION LLC
Listed By: Cynthia Clonts · License #3380780
Source: Miharaandassociates
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 8 at 6:24AM

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 ACE REALTY & AUCTION LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1926, this 3,256-square-foot apartment property contains eight bedrooms and 9.5 bathrooms. Each bedroom has a dedicated ensuite bath. The building is fully occupied and managed by Pad Split.

The in-town setting provides access to shopping, dining, public transportation, major employers and entertainment.

Key Highlights

  • Eight bedrooms and 9.5 bathrooms in 3,256 square feet
  • Every bedroom has an ensuite bathroom
  • Fully occupied; managed by Pad Split

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,336
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,720 $706.7K
Cap Rate 7%
$504,800 $504.8K
Cap Rate 9%
$392,622 $392.6K
Market Conditions
NOI Build-Up for 3,256 SF
Gross rent
$69.2K $21.24/SF
− Vacancy
−$4.9K −$1.51/SF
EGI
$64.2K $19.73/SF
− OpEx
−$28.9K −$8.88/SF
NOI
$35.3K $10.85/SF
Area
Pinellas County, FL
Vacancy
7.10%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$706,720
Cap Rate 7%
$504,800
Cap Rate 9%
$392,622

Alternative Uses

Best Use
Apartment 5plus
$504.8K
$441.7K – $588.9K (±1% cap)
NOI $35,336 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$846.9K
$741.1K – $988.1K (±1% cap)
NOI $59,284 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,775
Businesses Nearby

Demographics for 33713, FL

31,321
Population
16,192
Households
1.9
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
6.5 sq mi
ZIP Area
4,819
Density / Sq Mi
$69,704
Median Household Income
$43,282
Median Earnings
$1,387
Median Rent
$279,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in St Petersburg, FL

$300 Jul
$409 Aug
$381 Sep
$399 Oct

Properties on Market for Apartment buildings in St Petersburg

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Private ensuite bathrooms give each bedroom its own dedicated bath.
Where is this apartment building located?
The property is located at 1619 9TH AVENUE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Eight bedrooms and 9.5 bathrooms in 3,256 square feet; Every bedroom has an ensuite bathroom; Fully occupied; managed by Pad Split
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Includes: Price & PSF · Cap rate · Location · Zoning

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