Search
304-Unit Apartment Building
For Sale
Contact for pricing

5473 27th St South, St Petersburg, FL 33712

South St. Petersburg multifamily property with access to I-275, the Sunshine Skyway Bridge, and regional employment centers.

Property Size315,450 SF
Days on Market32

Property Features for 5473 27th St South

General Information

Standard status Active
Size 315,450 SF
Property subtype Multifamily
Investment Type Value Add

Building Details

Year Built 1972
Year Renovated 2015
Buildings 27
Stories 3
Units 304
Tenancy Multi
Listing Agency: Keen-Summit Capital Partners
Listed By: Christopher Mahoney · License #NY
Source: Crexi
Added: Jul 30 Changed: Aug 29 Last Checked: Aug 29 at 4:17PM

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 Keen-Summit Capital Partners

Investment Insights

Based on property information with market context.

The Morgan is a 304-unit apartment property in South St. Petersburg, Florida, with 315,450 square feet and a 1972 construction date. The asset is positioned as an established multifamily complex within the city’s residential market.

The property offers access to Downtown St. Petersburg, Interstate 275, the Sunshine Skyway Bridge, Tampa, Clearwater, Sarasota, and employment centers across Pinellas County and the broader Tampa Bay region. Nearby quality-of-life amenities include waterfront recreation, beaches, parks, professional sports venues, and the St. Pete Pier.

The offering is being conducted through a bankruptcy auction, with a bid deadline of August 21st and an auction date of September 4th.

Key Highlights

  • 304‑unit apartment property totaling 315,450 square feet
  • Constructed in 1972
  • Located at 5473 27th St South, St. Petersburg, FL

Property Analytics

Current Use

Avondale by the Lakes ... Apartment Building The Morgan Apartment Complex

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply Spa & Massage Center Hair Salon

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

578
Businesses Nearby

Demographics for 33712, FL

26,395
Population
13,055
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
4,124
Density / Sq Mi
$57,729
Median Household Income
$39,589
Median Earnings
$1,440
Median Rent
$300,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - South St. Petersburg multifamily property with access to I-275, the Sunshine Skyway Bridge, and regional employment centers.
Where is this apartment building located?
The property is located at 5473 27th St South St Petersburg, FL.
What are key features of this property?
This property features: 304‑unit apartment property totaling 315,450 square feet; Constructed in 1972; Located at 5473 27th St South, St. Petersburg, FL
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message