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Multifamily Investment in West St. Petersburg
For Sale
$2,850,000

6797 54TH Ave N, Saint Petersburg, FL 33709

Fully leased, 14-unit multifamily property with redevelopment potential.

Property Size624 SF
Lot Size2.76 Acres
Days on Market163

Property Features for 6797 54TH Ave N

General Information

Standard status Active
Size 624 SF
Lot size 2.76 Acres
Property subtype Investment
Lease Term 12 months

Taxes and HOA fees

Annual Taxes $2,473

Building Details

Building Size 624 SF
Year Built 1958
Units 15
Listing Agency: BRODERICK & ASSOCIATES INC
Listed By: Roger Broderick · License #009863
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 21 at 8:35AM

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 BRODERICK & ASSOCIATES INC

Investment Insights

Based on property information with market context.

Located in west St. Petersburg, Long Villas presents a multifamily investment opportunity. The property consists of 14 block-built villas situated on 15 parcels, totaling 2.76 acres. Zoned R-2 and located in Flood Zone X, the complex includes 15 parcels with 14 two-bedroom, one-bath villas and one vacant lot that offers expansion possibilities. The villas have roofs that are less than 2 years old. Four villas on 54th Ave feature carports and exterior utilities. Ten villas on 55th Ave include bonus rooms and interior hookups. Each home is equipped with wall-mounted A/C in every bedroom, plus a central living-room wall unit with heat. Individual electric meters and public utilities are in place. The expansive, multi-parcel site presents redevelopment upside with one of the lots vacant. The property can be sold as a whole or separately.

Key Highlights

  • Fully leased multi‑family investment property with 14 villas on 15 parcels totaling 2.76 acres.
  • Individually parceled villas offer flexibility for sale as a whole or separately.
  • All villas have roofs that are less than 2 years old.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Daycare Center Accounting Firm 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

817
Businesses Nearby

Demographics for 33709, FL

27,026
Population
13,767
Households
2
Avg Household Size
50
Median Age
19%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
5,299
Density / Sq Mi
$52,621
Median Household Income
$35,488
Median Earnings
$1,317
Median Rent
$190,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased, 14-unit multifamily property with redevelopment potential.
Where is this apartment building located?
The property is located at 6797 54TH Ave N Saint Petersburg, FL.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Fully leased multi‑family investment property with 14 villas on 15 parcels totaling 2.76 acres.; Individually parceled villas offer flexibility for sale as a whole or separately.; All villas have roofs that are less than 2 years old.
More about this property
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