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    Downtown St. Petersburg Multifamily Investment Title is generated by Realmo AI

    540 14TH St N, St Petersburg, FL 33705

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    For Sale
    $4,500,000

    18-unit multifamily property in downtown St. Petersburg, fully occupied.

    Type:Investment
    Lot size:
    1.62 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 11:40 am

    Property Features for 540 14TH St N

    General Information

    Standard status
    Active
    Lot size
    1.62 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1977

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    David Weylie
    David Weylie

    Listing office

    Listing date Mar 11, 2026

    Source Elliman

    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 David Weylie

    HighLights

    • Value‑add opportunity with potential to increase rents (15‑20% below market).
    • High occupancy rate due to desirable downtown St. Petersburg location and proximity to St. Anthony's Hospital.
    • Strong annual gross income of $323,604.
    • Includes an additional lot located between 610 14th Street and 544 14th St N.
    • Diverse unit mix: 4 two‑bedroom apartments, 4 two‑bedroom single‑family homes, 3 studio apartments, and 7 one‑bedroom apartments.
    • Located next to Baycare's St. Anthony's Hospital.

    Overview

    This 18-unit multifamily property is located in downtown St. Petersburg and is currently 100% occupied. The property generates an annual gross income of $323,604. The unit mix includes 4 two-bedroom apartments, 4 two-bedroom single-family homes, 3 studio apartments, and 7 one-bedroom apartments. The sale also includes a lot located between 610 14th Street and 544 14th St N. Situated next to Baycare's St Anthony's Hospital, the property benefits from a consistently high occupancy rate due to its downtown location and proximity to the hospital. There is potential for improvements and increased rents, as current rents are reportedly 15-20% below market with 60-day termination clauses. This property is intended for investment purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Daycare Center Bed & Breakfast Carpet & Flooring Store Veterinary Clinic Home Appliance Store Mobile Phone Store Auto Parts Store Shopping Center & Mall Adult Day Care Butcher

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.653
    Latitude
    27.7784

    FAQs

    What type of property is this?
    Apartment building - 18-unit multifamily property in downtown St. Petersburg, fully occupied.
    Where is this apartment building located?
    The property is located at 540 14TH St N St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Value‑add opportunity with potential to increase rents (15‑20% below market).; High occupancy rate due to desirable downtown St. Petersburg location and proximity to St. Anthony's Hospital.; Strong annual gross income of $323,604.
    More about this property
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