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471 9th Ave N St Petersburg, FL 33701

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Five-unit multifamily building in historic Uptown St. Petersburg neighborhood.

Type:Multifamily
Property size:
3,015 SF
Lot size:
0.13 Acres
Added:
Feb 16, 2024
Days on Market:
793
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 471 9th Ave N

General Information

Standard status
Active
Size
3,015 SF
Lot size
0.13 Acres
Property subtype
Multifamily

Building Details

Year Built
1900

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Listing Contact
Jon Reno La Budde

Listing agent Jon Reno La Budde License #FL 3088599

Listing office AXXOS

Listing date Feb 16, 2024

Source Crexi

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


Overview

Uptown St. Petersburg Multifamily Building

Located in the Uptown Cashwell Heights area of St. Petersburg, this multifamily building is a 5-plex in a historical neighborhood known as Uptown. Constructed in 1922, the Craftsman-style building features hardwood floors and neutral interiors. The structure encompasses 3,015 square feet, which includes an enclosed porch, screened porch, and open porch, with 2,426 square feet of heated space. The property sits on a 5,500 square foot lot enclosed by a white fence. The site consists of five units, each with one bedroom and one bathroom, with the potential to convert Unit 4 into a two-bedroom unit. All units have been well maintained, and a new water heater has been installed. Parking is plentiful, with 6+ spaces on the premises, along with ample street parking. The property includes screened and open porches, as well as landscaping and a patio. This investment opportunity offers the potential to update the units and increase rents, which are currently below market value. There is also the possibility of adding coin-operated washing machines and dryers to increase gross revenues and attract tenants. The units are consistently rented, often with a waiting list.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Real Estate Agency Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

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  • Local Demand
City
St Petersburg
County
Pinellas
State
Florida
Longitude
-82.6399822
Latitude
27.78143

FAQs

What type of property is this?
Apartment building - Five-unit multifamily building in historic Uptown St. Petersburg neighborhood.
Where is this apartment building located?
The property is located at 471 9th Ave N St Petersburg, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Multi‑family 5‑plex in the desirable Uptown St. Petersburg neighborhood.; Significant value‑add opportunity with under‑market rents and potential for increased margins.; High occupancy rate with a waiting list for units.
More about this property
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