Six-Unit Apartment
For Sale
$1,000,000
633 7TH Avenue N, St Petersburg, FL 33701
Residential Income, ST PETERSBURG, FL
Property Size3,343 SF
Lot Size0.10 Acres
Price / SF$299.13
Days on Market120
Property Features for 633 7TH Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
5
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 5, Bathroom 6, Bathroom 4, Bathroom 1, Bedroom 2
Parking features
On Street, Garage
Patio and Porch features
Porch
Pets allowed
Yes
Fireplace
1
Appliances
Refrigerator
Subdivision
SAFFORDS ADD REV
Lot features
Corner Lot
Directions
Property is on the corner of 7th Ave N and an alleyway.
Standard status
Active
APN
18-31-17-77814-005-0060
Size
3,343 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SAFFORD'S ADD REVISED BLK 5, E 43.33 FT OF LOTS 6 AND 7
Tax Annual Amount
13383
Legal Description
SAFFORD'S ADD REVISED BLK 5, E 43.33 FT OF LOTS 6 AND 7
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
front porches
Building Details
Year built
1925
Flooring type
Vinyl, Laminate, Tile
Building materials
Frame
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
REAL BROKER, LLC
(855) 450-0442
Listed By:
D.J. Bryant
(941) 400-0101
Added: Jun 23
Changed: Oct 19
Last Checked: Oct 20 at 9:06PM
MLS# A4697197
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This apartment property contains 3,343 square feet on a 0.1-acre site and includes six units distributed between two buildings. The front structure is a quadplex with four apartments, including one- and two-bedroom layouts. A detached rear building adds two studio apartments above four garage bays, which may serve as storage or be leased separately. Large porches are featured on both buildings, while the property also includes tile, laminate, and vinyl flooring, frame construction, shingle roofing, public water, and public sewer. The property was built in 1925 and received updates in 2026.
Located at 633 7TH Avenue N in St. Petersburg, the property is less than 2 blocks from Downtown St. Pete and under 30 minutes from Downtown Tampa and the Gulf Beaches. Parking includes two spaces in front of the garage bays, along with on-street parking. Professional property management is currently in place and willing to continue.
Located at 633 7TH Avenue N in St. Petersburg, the property is less than 2 blocks from Downtown St. Pete and under 30 minutes from Downtown Tampa and the Gulf Beaches. Parking includes two spaces in front of the garage bays, along with on-street parking. Professional property management is currently in place and willing to continue.
Key Highlights
- Six apartment units across a quadplex and a detached studio building
- 3,343 square feet on a 0.1‑acre site
- Four garage bays beneath the detached two‑unit building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,021
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,420
$780.4K
Cap Rate 7%
$557,443
$557.4K
Cap Rate 9%
$433,567
$433.6K
Market Conditions
NOI Build-Up for 3,343 SF
Gross rent
$59.8K $17.88/SF
− Vacancy
−$4.0K −$1.21/SF
EGI
$55.7K $16.67/SF
− OpEx
−$16.7K −$5.00/SF
NOI
$39.0K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,420
Cap Rate 7%
$557,443
Cap Rate 9%
$433,567
Alternative Uses
Best Use
Multifamily LT 5
$557.4K
$487.8K – $650.4K
NOI $39,021 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$439.2K
$384.3K – $512.4K
NOI $30,746 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$869.5K
$760.9K – $1.01M
NOI $60,868 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
4,221
Businesses Nearby
Explore this area
Business Placement
Demographics for 33701, FL
19,137
Population
13,434
Households
1.4
Avg Household Size
48
Median Age
55%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
7,088
Density / Sq Mi
$69,098
Median Household Income
$48,072
Median Earnings
$1,531
Median Rent
$590,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Two structures combine varied apartment layouts with garage space, porches, and public utilities.
Where is this apartment building located?
The property is located at 633 7TH Avenue N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Six apartment units across a quadplex and a detached studio building; 3,343 square feet on a 0.1‑acre site; Four garage bays beneath the detached two‑unit building
