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St. Petersburg Multifamily Investment Opportunity
For Sale
$550,000

5901 28TH St N, Saint Petersburg, FL 33714

Multifamily property with 3 fully rented units in St. Petersburg.

Property SizeContact for details
Days on Market105

Property Features for 5901 28TH St N

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1956
Listing Agency:
Listed By: Yosmary Acosta Alonso
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 6 at 7:01AM

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 Yosmary Acosta Alonso

Investment Insights

Based on property information with market context.

This multifamily property, located in St. Petersburg, Florida, presents an investment opportunity. The property consists of 3 units that are currently fully rented, providing a steady income stream. The location offers a bike score of 38, indicating it is somewhat bikeable, a walk score of 11, indicating car-dependent surroundings, and a transit score of 25, suggesting some transit options are available.

Key Highlights

  • Steady income potential from 3 fully rented units.
  • Excellent investment opportunity.
  • Located in the heart of St. Petersburg.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office Nail Salon Real Estate Agency Spa & Massage Center Bakery

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

803
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?
Triplex - Multifamily property with 3 fully rented units in St. Petersburg.
Where is this triplex located?
The property is located at 5901 28TH St N Saint Petersburg, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Steady income potential from 3 fully rented units.; Excellent investment opportunity.; Located in the heart of St. Petersburg.
More about this property
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