12-Unit Apartment
New
For Sale
$2,050,000
700 1st St N, St Petersburg, FL 33701
Multifamily property situated in St. Petersburg’s Old Northeast neighborhood.
Property SizeContact for details
Days on Market3
Property Features for 700 1st St N
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Cap Rate
5.76%
Multifamily Units
12
Amenities
12-unit multifamily community in the heart of St. Petersburg's Old Northeast
All units upgraded with granite countertops, stainless steel appliances, new cabinetry and fixtures; most units feature original hardwood flooring in meticulously maintained structure
Historic Old Northeast neighborhood is immediately adjacent to Downtown St. Petersburg, providing residents with the character of a highly sought-after residential neighborhood and convenient access t
Exceptional walkability and bikeability, with a Walk Score of 88, "Very Walkable," and a Bike Score of 91, "Biker's Paradise." Residents can conveniently reach Beach Drive, Vinoy Park, downtown waterfront, restaurants, cafés, cultural attractions, and recreational amenities
Location appeals to a wide renter base, including young professionals, downtown employees, empty nesters, relocations, and residents seeking a walkable coastal lifestyle
Moments from I-275, offering residents convenient access to Tampa's Downtown and Westshore Business District and Tampa International Airport
15 minutes to St. Pete Beach and world-renowned Gulf beaches
The Tampa Bay Region supports a diversified employment base led by professional and business services, trade and transportation, education and health services, financial activities, government, and leisure and hospitality
Building Details
Units
12
Listing Agency:
Marcus & Millichap - RPH Multifamily Group
Listed By:
Ned Roberts, CCIM · License #License(s): FL: SL3211874
(813) 387-4721
Source:
Marcusmillichap
Added: Oct 23
Last Checked: Oct 24 at 1:24PM
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 Marcus & Millichap - RPH Multifamily Group
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Investment Insights
Based on property information with market context.
This 12-unit apartment building is located at 700 1st St N in St. Petersburg, Florida. The property is in the Old Northeast neighborhood, offering a defined residential setting for its multifamily use.
Key Highlights
- 12‑unit multifamily community
- Located in St. Petersburg’s Old Northeast neighborhood
- 700 1st St N, St. Petersburg, FL 33701
Property Analytics
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
3,257
Businesses Nearby
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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 - Multifamily property situated in St. Petersburg’s Old Northeast neighborhood.
Where is this apartment building located?
The property is located at 700 1st St N St Petersburg, FL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 12‑unit multifamily community; Located in St. Petersburg’s Old Northeast neighborhood; 700 1st St N, St. Petersburg, FL 33701
