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St. Petersburg Multifamily Investment Opportunity
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1701 16th St N, St Petersburg, FL 33704

Off-market 8-unit apartment complex in North St. Petersburg, Florida.

Property Size4,172 SF
Lot Size0.20 Acres
Price / SF$383.51
Days on Market1024

Property Features for 1701 16th St N

General Information

Standard status Active
Size 4,172 SF
Class B
Total Parking Spaces 10
Lot size 0.20 Acres
Property subtype Multifamily
Zoning CRT-1
Net Operating Income $85,000

Building Details

Year Built 1951
Units 8
Listing Agency: AXXOS
Listed By: Jon Reno La Budde · License #FL 3088599
Source: Crexi
Added: Nov 2, 2023 Changed: Aug 10 Last Checked: Aug 20 at 10:29AM

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 AXXOS

Investment Insights

Based on property information with market context.

This off-market apartment complex is available for sale in North St. Petersburg, Florida. The two-story concrete building has a total area of 4,172 square feet and is situated on an 8,684 square foot lot. The property features front porches and 10 parking spaces. The complex is located on 16th Street North at the lighted intersection of 17th Avenue North, between 9th Avenue North and 22nd Avenue North. It is approximately 3 minutes from the Interstate, 6 minutes from US HWY 19 North, 13 minutes from the beaches, 17 minutes from Tampa, and 5 minutes from Downtown St. Pete. The property is located at 1701 16th Street North.

Key Highlights

  • Off‑market 8‑unit apartment complex in North St. Petersburg, Florida
  • Excellent location** on a major north‑south corridor (16th Street) at a lighted intersection
  • Close proximity to major transportation routes: 3 minutes to Interstate, 6 minutes to US HWY 19 North

Property Analytics

Current Use

727 Seafood & Grill Restaurant Popbellies Restaurant Red's Snak Shak Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Electrical Service Auto Parts Store

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

776
Businesses Nearby

Demographics for 33704, FL

16,031
Population
9,037
Households
1.8
Avg Household Size
46
Median Age
58%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,715
Density / Sq Mi
$102,647
Median Household Income
$63,803
Median Earnings
$1,398
Median Rent
$657,400
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 - Off-market 8-unit apartment complex in North St. Petersburg, Florida.
Where is this apartment building located?
The property is located at 1701 16th St N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Off‑market 8‑unit apartment complex in North St. Petersburg, Florida; Excellent location** on a major north‑south corridor (16th Street) at a lighted intersection; Close proximity to major transportation routes: 3 minutes to Interstate, 6 minutes to US HWY 19 North
More about this property
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