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Six-Unit Multi-Family With Garage Bays

633 7TH Avenue N St Petersburg, FL 33701

633 7TH Avenue N, St Petersburg, FL, 33701
$1,000,000
For Sale
$1,000,000

MULTI_FAMILY - ST PETERSBURG, FL

Property Size3,343 SF
Lot Size0.10 Acres
Price / SF$299.13
Days on Market29

Property Features for 633 7TH Avenue N

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
5
Bathrooms
6
Rooms
Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 6, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 5
Parking features
On Street, Garage
Patio and Porch features
Porch
Pets allowed
Yes
Fireplace
1
Appliances
Refrigerator
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

Utilities

Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1925
Flooring type
Tile, Laminate, Vinyl
Building materials
Frame
Roof type
Shingle
Additional Structures
Storage
Listing agency REAL BROKER, LLC
Listed by D.J. Bryant · License #3415242
Added: Jun 23 Updated: Jul 20 at 9:03PM Checked: Jul 21 at 3:06PM
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.


Investment Insights

Based on property information with market context.

This for-sale multi-family property consists of six total units across two buildings. The front quadplex includes multiple 1 bed/1 bath units as well as a 2 bed/1 bath dorm-style unit on the second floor, with one first-floor 1 bed/1 bath featuring a private yard. The quadplex also includes a separate-access 1 bed/1 bath apartment accessed from the side of the building.

Behind the quadplex sits a detached building with two studio apartments located on top of four garage bays. The garage bays can be rented for additional income or used for storage. Both structures have large front porches, with parking for two cars in front of the garage bays and ample on-street parking.

The property received some updates in 2026, and professional property management is already in place and willing to continue. It is located less than 2 blocks from Downtown St. Petersburg, with under 30 minutes to both Downtown Tampa and the Gulf Beaches.

Key Highlights

  • Six‑unit property across two buildings: a quadplex plus a detached building with two units above 4 garage bays
  • Rental income noted as grossing $110,460 (per remarks) with separate/individual access arrangements across the units
  • Front porches on both structures, plus parking in front of the 4 garage bays and ample on‑street parking

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $59.8k $17.88
− Vacancy −$4.0k −$1.21
EGI $55.7k $16.67
− OpEx −$16.7k −$5.00
NOI $39.0k $11.67
3,343 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$557.4K
$487.8K – $650.4K (±1% cap)
NOI $39,021 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$439.2K
$384.3K – $512.4K (±1% cap)
NOI $30,746 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$869.5K
$760.9K – $1.01M (±1% cap)
NOI $60,868 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Clothing & Fashion Store

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

FAQs

What type of property is this?
Quadplex - Six units across two buildings, including apartments above four garage bays and separate access for one first-floor unit.
Where is this quadplex 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‑unit property across two buildings: a quadplex plus a detached building with two units above 4 garage bays; Rental income noted as grossing $110,460 (per remarks) with separate/individual access arrangements across the units; Front porches on both structures, plus parking in front of the 4 garage bays and ample on‑street parking
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