Multifamily

Saint Petersburg, FL Multifamily Properties for Sale

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Eight-Unit Apartment Building
Updated: Aug 24
Eight-Unit Apartment Building

4200 37TH Street S, St Petersburg, FL 33711

$1,275,000
5,478 sqft 0.31 AC lot
Eight apartments: four two‑bedroom, one‑bath units and four one‑bedroom, one‑bath units
5,478 square feet on a 0.31‑acre site
Built in 1974 with block and concrete construction
Newer shingle roof and newer AC systems in the majority of units
Central air, electric heating, ranges, and refrigerators
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Eight-Unit Apartment Building
Updated: Aug 17
Eight-Unit Apartment Building

4200 37TH Street S, St Petersburg, FL 33711

$1,275,000
5,478 sqft 0.31 AC lot
Eight apartments: four 2‑bedroom/1‑bath units and four 1‑bedroom/1‑bath units
5,478 square feet on a 0.31‑acre site
1974 block‑construction building with a new shingle roof
Most AC systems are newer; central air and electric heat
NSM1 zoning with public water and public sewer
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Updated Triplex With Vacant Units
Updated Triplex With Vacant Units

5136 68TH Street N, St Petersburg, FL 33709

$799,000
4,198 sqft 0.24 AC lot

Three residences feature refreshed kitchens, bathrooms, flooring, and interior finishes, with two units delivered vacant.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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8-Unit Apartment Building
8-Unit Apartment Building

4200 37TH STREET S, St Petersburg, FL 33711

$1,450,000
6,404 sqft

Block construction, a new roof, and newer air-conditioning systems support the eight-apartment layout.

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5-Unit Apartment Property with Courtyard
5-Unit Apartment Property with Courtyard

2001 2ND Street S, St Petersburg, FL 33705

$899,000
2,768 sqft 0.20 AC lot

Two buildings offer a mix of studios and one- and two-bedroom rentals, with shared laundry and select private patios.

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Duplex with Detached ADU
Duplex with Detached ADU

926 11TH Avenue S, St Petersburg, FL 33705

$695,000
1,882 sqft 0.17 AC lot

Two independent living areas include a main residence and a detached accessory dwelling, each with its own kitchen.

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Duplex with Private Garages
Duplex with Private Garages

4100 45TH Avenue N, St Petersburg, FL 33714

$565,000
1,704 sqft 0.33 AC lot

Each residence has separate water and electric meters, along with its own fenced outdoor space.

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10-Unit Apartment Building with Laundry
10-Unit Apartment Building with Laundry

935 34TH AVENUE N, St Petersburg, FL 33704

$1,895,000
9,232 sqft

A balanced one- and two-bedroom unit mix is supported by individually metered electricity and an on-site laundry facility.

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Triplex with Garage Apartment
Triplex with Garage Apartment

102 11TH Avenue, St Pete Beach, FL 33706

$1,600,000
2,088 sqft 0.11 AC lot

Three living areas include a two-bedroom main residence, an upstairs apartment, and a ground-level guest suite.

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Duplex With Furnished Cottage
Duplex With Furnished Cottage

1136 22ND Avenue N, St Petersburg, FL 33704

$764,900
1,719 sqft 0.12 AC lot

Historic residence with a separate furnished cottage, updated systems, flexible occupancy options, and off-street parking.

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Duplex with Separate Utilities
Duplex with Separate Utilities

1646 28TH AVENUE N, St Petersburg, FL 33713

$534,000
1,866 sqft

Two detached homes share one parcel, each with its own water and electrical meters and private outdoor space.

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Quadplex in Two Detached Buildings
Quadplex in Two Detached Buildings

4601 DR MARTIN LUTHER KING JR Street N, St Petersburg, FL 33703

$809,900
2,770 sqft 0.27 AC lot

The four-unit property includes a three-bedroom residence, three one-bedroom units, and an oversized two-car garage.

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Waterfront Quadplex with Dock
Waterfront Quadplex with Dock

7815 BOCA CIEGA DRIVE, St Pete Beach, FL 33706

$850,000
2,032 sqft

The four-unit property has a private dock and requires renovation following hurricane damage.

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Updated Triplex with Separate Units
Updated Triplex with Separate Units

5136 68TH ST N, St Petersburg, FL 33709

$799,000
4,198 sqft

Flexible multifamily property with refreshed interiors, varied floor plans, and one leased residence alongside vacant units.

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Triplex with Garage Apartment
Triplex with Garage Apartment

406 10TH Avenue NE, St Petersburg, FL 33701

$895,000
1,374 sqft 0.09 AC lot

Three residences offer private outdoor areas, central air conditioning, and in-unit laundry.

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Remodeled Duplex with Two Homes
Remodeled Duplex with Two Homes

1543 43RD Street S, St Petersburg, FL 33711

$579,990
2,074 sqft 0.15 AC lot

Two separately fenced residences share a corner lot with off-street parking and updated interiors.

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Triplex with Garage Apartment
Triplex with Garage Apartment

102 11TH AVENUE, St Pete Beach, FL 33706

$1,600,000
2,088 sqft

Three separate living spaces include a two-bedroom apartment above a two-car garage and a ground-level guest suite.

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Updated Duplex with RV Parking
Updated Duplex with RV Parking

935 17TH Avenue S, St Petersburg, FL 33705

$529,990
2,448 sqft 0.16 AC lot

Two matching units offer four bedrooms and two baths apiece.

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Updated Triplex with Carports
Updated Triplex with Carports

St Petersburg, FL 33707

$917,400
2,793 sqft

Residents have access to on-site laundry, individual storage rooms, and assigned carport parking.

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5-Unit Apartment Building
5-Unit Apartment Building

932 22ND Street S, St Petersburg, FL 33712

$850,000
2,304 sqft 0.17 AC lot

Central heating and air conditioning serve the residential property.

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Updated Triplex with Studio Unit
Updated Triplex with Studio Unit

1500 30th Ave N, St Petersburg, FL 33704

$595,000
1,944 sqft

Corner-lot property with three residential units, on-site parking, shared storage, and access to downtown St. Petersburg.

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Fenced Duplex with Private Yards
Fenced Duplex with Private Yards

2310 29TH Street N, St Petersburg, FL 33713

$615,000
1,908 sqft 0.21 AC lot

Private entrance, fenced yard, storage, and central HVAC support practical occupancy.

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Historic Three-Unit Property
Historic Three-Unit Property

1225 11th St N, St Petersburg, FL 33705

$1,499,900
3,112 sqft

1913 triplex with a pool, original architectural details, and two leased secondary units.

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Furnished Four-Unit Quadplex
Furnished Four-Unit Quadplex

644 72ND Avenue, St Pete Beach, FL 33706

$1,699,000
2,885 sqft 0.12 AC lot

Updated coastal property with a varied unit mix, private kitchens, dedicated parking, and furnishings included.

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Saint Petersburg, FL Multifamily Properties Market Trends and Statistics

Explore 189 multifamily properties for sale in Saint Petersburg, FL, showcased through 189 active listings on our real estate platform. These investment opportunities span a total of 715,495 square feet of properties for sale, with an estimated market value of $172,871,045.

Sale prices for multifamily properties in Saint Petersburg, FL start at $99,900, averaging $971,185, and reaching up to $11,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 76
Apartment buildings 58
Short term rental properties 33
Triplexes 33
Quadplexes 26

Demographics Overview

Population 358K
Population Growth (5Y) +0.7%
Median Household Income $72,848
College Educated 29.5%

High-Yield Neighborhoods for Investment

Identify Saint Petersburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33709 $359K
33714 $657.5K
33706 $1.1M
33704 $1.5M
33701 $1.7M

Taxes & Financing

Tax Rate (average for all types) 1.74%
Property Tax per SF $8.67 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pinellas County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Saint Petersburg fall within the 100,000+ square foot range.

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