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Rebuilt Four-Unit Multifamily Property
For Sale
$1,199,000

3103 16th St N, St Petersburg, FL 33704

Commercial-grade systems and an ADA-accessible residence distinguish this fully redesigned multifamily asset.

Property Size2,680 SF
Price / SF$447.39
Days on Market40

Property Features for 3103 16th St N

General Information

Standard status Active
Size 2,680 SF
Property subtype Multi-Family

Additional Details

Utilities to Site Yes
Sprinkler System Yes
Multifamily Units 4

Amenities

commercial fire alarm system
ADA compliant unit
designated bicycle parking

Building Details

Year Built 1985
Buildings 1
Listing Agency: EXP REALTY LLC
Listed By: Josh Neighoff · License #3464897
Source: Flflourish
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 29 at 11:50AM

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 EXP REALTY LLC

Investment Insights

Based on property information with market context.

Blue Pelican is a four-unit multifamily property at 3103 16th St N in St. Petersburg. Originally built in 1985, the building was comprehensively rebuilt, retaining only portions of the exterior framing and slab. The work replaced the electrical and plumbing systems, roof, HVAC, siding, windows, doors, insulation, drywall, kitchens, bathrooms, driveway, and interior finishes. A commercial fire sprinkler system and fire alarm system are also in place.

The 2,680-square-foot property includes four redesigned residences, with one unit meeting ADA requirements and served by an exterior wheelchair-accessible ramp. Each unit is separately metered for electric. Additional site features include designated bicycle parking. The property is positioned near downtown St. Petersburg and Crescent Lake, with the address providing a clear urban St. Petersburg location.

Key Highlights

  • Four‑unit multifamily property comprehensively rebuilt from the studs up
  • 2,680 SF property at 3103 16th St N, St. Petersburg, FL 33704
  • Commercial fire sprinkler and fire alarm systems

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center Dental Office Parking Lot & Garage Pharmacy Electrical Service Barber Shop

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

4
Residential units
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

805
Businesses Nearby

Demographics for 33704, FL

16,031
Population
9,037
Households
1.8
Avg Household Size
46
Median Age
58%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,715
Density / Sq Mi
$102,647
Median Household Income
$63,803
Median Earnings
$1,398
Median Rent
$657,400
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?
Quadplex - Commercial-grade systems and an ADA-accessible residence distinguish this fully redesigned multifamily asset.
Where is this quadplex located?
The property is located at 3103 16th St N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Four‑unit multifamily property comprehensively rebuilt from the studs up; 2,680 SF property at 3103 16th St N, St. Petersburg, FL 33704; Commercial fire sprinkler and fire alarm systems
More about this property
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