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Renovated 5-Unit Multifamily Property
For Sale
$1,250,000

340 78TH Ave, St Pete Beach, FL 33706

Five fully renovated units completed in May 2025, offered with on-site parking, plus pool and gym amenities.

Property Size2,647 SF
Days on Market132

Property Features for 340 78TH Ave

General Information

Standard status Active
Size 2,647 SF
Property subtype Investment

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $8,889

Amenities

pool
gym

Building Details

Building Size 2,647 SF
Year Built 1948
Year Renovated 2025
Units 5
Tenancy Multi
Listing Agency: KW SUNCOAST
Listed By: Jon Sullivan · License #3458314
Source: Elliman
Added: Apr 29 Changed: Sep 6 Last Checked: Sep 6 at 12:00PM

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 SUNCOAST

Investment Insights

Based on property information with market context.

This offering is a 5-unit multifamily property with fully renovated units completed in May 2025. The property includes five separate units with flexible layouts, designed to support either long-term or short-term vacation use, subject to local regulations that the buyer must verify.

The property is located near St. Pete Beach, with convenient access to main routes to downtown St. Petersburg and the nearby Gulf Coast destinations. Area proximity includes restaurants, shops, and beach access.

Community amenities include a pool and a gym, and the property also offers on-site parking. The seller notes the buyer should verify all measurements, zoning, and rental restrictions.

Key Highlights

  • 5‑unit multifamily built in 1948 with fully renovated units completed in May 2025
  • Updated interiors across five separate units with flexible layouts for long‑term or short‑term use (buyer to verify local regulations)
  • Offered with on‑site parking

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Garden Center Storage Facility Carpet & Flooring Store Catering Service

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,038
Businesses Nearby

Demographics for 33706, FL

15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
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 - Five fully renovated units completed in May 2025, offered with on-site parking, plus pool and gym amenities.
Where is this apartment building located?
The property is located at 340 78TH Ave St Pete Beach, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 5‑unit multifamily built in 1948 with fully renovated units completed in May 2025; Updated interiors across five separate units with flexible layouts for long‑term or short‑term use (buyer to verify local regulations); Offered with on‑site parking
More about this property
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