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    St. Petersburg Multifamily Investment Opportunity Title is generated by Realmo AI

    944 15TH Ave S, St Petersburg, FL 33705

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    For Sale
    $895,000

    Five-unit property near downtown St. Pete with development potential.

    Type:Commercial
    Lot size:
    0.16 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 5:36 pm

    Property Features for 944 15TH Ave S

    General Information

    Standard status
    Active
    Lot size
    0.16 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1925

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    Shawna Opdycke

    Listing office KELLER WILLIAMS SOUTH TAMPA

    Listing date Mar 10, 2026

    Source Elliman

    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 KELLER WILLIAMS SOUTH TAMPA

    HighLights

    • Rare 5‑unit multi‑family investment property minutes from Downtown St. Pete and Tropicana Field.
    • Zoned for up to 9 units, offering significant future development potential.
    • New roofs on all buildings (2022) and foundation stabilization with Lifetime Warranty.
    • All units separately metered for electric and water.
    • Recent updates include waterproof flooring, plumbing, electrical, paint, cabinets, and A/C units.
    • Previously passed Sec‑8 inspections on all units, offering strong CAP Rate potential.

    Overview

    This five-unit multifamily investment property is located minutes from downtown St. Pete and Tropicana Field. Situated in an area undergoing development in St. Petersburg, the property is zoned for up to nine units. Each unit is separately metered for electric and water. The property has undergone numerous recent updates, including waterproof flooring in all units, updates to plumbing and electrical systems, interior and exterior paint, cabinets, and A/C units. Renovations are currently underway. New roofs were installed on all buildings in 2022, and foundation stabilization has been completed for all three buildings with a lifetime warranty. The property is located within blocks of Midtown Academy, the local library, and the area Community Center. A common utility room is available, previously housing an on-site washer and dryer, which could provide additional revenue. Section 8 inspections have previously passed on all units, and Section 8 rates provide a strong CAP Rate for this investment property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agape House TLF ... Rehabilitation Center

    Suggested Use

    Tech Support Center (Bike/Boat/Book/etc) Store Auto Parts Store Electrical Service Shopping Center & Mall Bar & Pub Dental Office Acupuncture Florist Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6478
    Latitude
    27.755

    FAQs

    What type of property is this?
    Apartment building - Five-unit property near downtown St. Pete with development potential.
    Where is this apartment building located?
    The property is located at 944 15TH Ave S St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Rare 5‑unit multi‑family investment property minutes from Downtown St. Pete and Tropicana Field.; Zoned for up to 9 units, offering significant future development potential.; New roofs on all buildings (2022) and foundation stabilization with Lifetime Warranty.
    More about this property
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