335 5TH Ave N, St Petersburg, FL 33701
Seven-unit building with a mix of 12-month leases and short-stay rentals near St. Petersburg’s waterfront parks.
- Added:
- Jul 1, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 5 at 1:56 am
Property Features for 335 5TH Ave N
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1925
Listing office RE/MAX Action First (727) 729-0689
Listing date Jul 1, 2026
Source Elliman
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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
- Located about 3 blocks to St. Petersburg’s Beach Drive and waterfront parks (about 4 blocks to the “Beach Drive Scene”)
- BikeScore 66 (bikeable), walkScore 66 (somewhat walkable), transitScore 47 (some transit)
- Projected cap rate of about 12% (and about 7.2% without pro‑forma income increase)
Overview
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- St Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6380099
- Latitude
- 27.7778551