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33-Unit Multifamily Portfolio
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5670 28th St N, St Petersburg, FL 33714

Three-property apartment portfolio with varied residential configurations and locations within a half-mile radius.

Property SizeContact for details
Days on Market132

Property Features for 5670 28th St N

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: The Multifamily Firm
Listed By: Phil Ginexi · License #FL SL3266689
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 29 at 5:12PM

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 The Multifamily Firm

Investment Insights

Based on property information with market context.

This apartment portfolio includes 33 units distributed across three properties in St. Petersburg. The assets comprise a 12-unit community across nine buildings, an 8-unit property in two buildings, and a 13-unit community with three duplex buildings and seven mobile homes. Residential improvements include a 3/2 house, three duplexes, five bungalows, a 7-unit apartment building, and two 2/1 houses. One apartment building has a new roof.

The properties are located at 5670 28th St N and surrounding St. Petersburg locations, with two parcels adjacent and the third less than a mile away. All three parcels are identified as non-flood Zone X locations and collectively cover 1.79 acres. Downtown St. Petersburg and the Gateway employment corridor are each approximately 10 minutes away; the corridor includes more than 2,700 businesses and 60,000+ employees.

Key Highlights

  • 33 units across a 3‑property apartment portfolio
  • Three parcels totaling 1.79 acres in non‑flood Zone X locations
  • 12‑unit property spans 9 buildings with a house, 3 duplexes, and 5 bungalows

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Building Supply Electrical Service Barber Shop (Bike/Boat/Book/etc) Store

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

570
Businesses Nearby

Demographics for 33714, FL

19,905
Population
9,889
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
5,380
Density / Sq Mi
$47,221
Median Household Income
$36,207
Median Earnings
$1,270
Median Rent
$177,500
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-property apartment portfolio with varied residential configurations and locations within a half-mile radius.
Where is this apartment building located?
The property is located at 5670 28th St N St Petersburg, FL.
What are key features of this property?
This property features: 33 units across a 3‑property apartment portfolio; Three parcels totaling 1.79 acres in non‑flood Zone X locations; 12‑unit property spans 9 buildings with a house, 3 duplexes, and 5 bungalows
(941) 444-6160 Call to check price and availability
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