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Historic Old Northeast Multifamily Building
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326 6th Ave N, St Petersburg, FL 33701

Restored nine-unit building with short-term rental flexibility near downtown.

Property Size5,124 SF
Price / SF$351.29
Days on Market149

Property Features for 326 6th Ave N

General Information

Standard status Active
Size 5,124 SF
Class B
Property subtype Hospitality, Multifamily
Zoning CCT-1 zoning

Building Details

Year Built 1925
Year Renovated 2025
Buildings 2
Stories 2
Units 9
Listing Agency: KW Commercial St. Petersburg
Listed By: Jake Wollman · License #3511103
Source: Crexi
Added: Mar 17 Changed: Aug 8 Last Checked: Aug 10 at 12:43PM

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.

This fully restored nine-unit multifamily building combines 1925 architectural character with modern infrastructure and legal short-term rental flexibility. Located one block from Downtown St. Petersburg, at the intersection of Historic Old Northeast and the urban core, it offers immediate connectivity to the energy of downtown while retaining the character and scale of one of the city’s most desirable residential neighborhoods. The building has been renovated to current building and fire code, making it legally eligible for transient use due to its CCT-1 Corridor Commercial Traditional zoning. Units range from approximately 350 to 680 square feet and are thoughtfully designed for efficiency and durability. Each residence offers a private entrance, new HVAC, updated electrical, new water heaters, restored original hardwood floors, skim-coated drywall, and new kitchens with marble backsplashes and marble shower walls. Brass hardware and preserved historic details maintain the integrity of the 1925 structure while delivering a clean, modern finish. Water and electricity are included. Laundry is available on site, with one of four garages configured for community use. The additional garages provide optional rental income and operational flexibility. A rear mother-in-law suite creates further versatility for an owner-occupant, premium rental, or on-site management. This asset is well-suited for a hybrid leasing strategy, allowing for nightly, weekend, extended stay, or traditional long-term rental. From the front door, residents can walk to Vinoy Park, North Shore Park, the waterfront trail, tennis courts, beaches, and the marina. Within minutes are Beach Drive restaurants, coffee shops, rooftop bars, museums, galleries, and Central Avenue retail. The Pier, Sundial, and major event venues are all easily accessible on foot. A new multimillion-dollar development directly adjacent provides a built-in buffer from Fourth Street while reinforcing long-term appreciation and future demand. The property size is 5124 square feet.

Key Highlights

  • Legally eligible for short‑term rentals (transient use) due to CCT‑1 zoning and code compliance.
  • Prime location one block from Downtown St. Petersburg, offering immediate access to downtown amenities.
  • Fully restored nine‑unit multifamily building blending 1925 architectural character with modern infrastructure.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Dental Office Storage Facility Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

6,381
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Restored nine-unit building with short-term rental flexibility near downtown.
Where is this apartment building located?
The property is located at 326 6th Ave N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Legally eligible for short‑term rentals (transient use) due to CCT‑1 zoning and code compliance.; Prime location one block from Downtown St. Petersburg, offering immediate access to downtown amenities.; Fully restored nine‑unit multifamily building blending 1925 architectural character with modern infrastructure.
More about this property
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