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Property profile

120 47Th Ave N St Petersburg, FL 33703

FOR SALE
Other apartment buildings
Property ID
US18-3862739
63,808 SF 1.92 ac lot Built 1974
Last sale Feb 2022 · $14,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Nordica Bay Apartments is a 62-unit multifamily community in St. Petersburg, Florida. The four-story building is situated along the 4th Street North corridor, providing access to major regional routes including I-275 and Gandy Boulevard, as well as proximity to downtown St. Petersburg, employment centers, and nearby medical facilities such as St. Anthony’s Hospital and Johns Hopkins All Children’s Hospital. The property features newer roofs installed in 2018 and upgraded vinyl windows. Unit…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$238k
Tax billed · 2023
Assessed value$12.00M
Effective rate1.99%

Value estimate

· Oct 2026
$16.89M
$15.20M – $18.57M
CAP approach$9.03M
Submarket $/SF estimate$14.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$198/SF
ZIP average, outlier-cleaned · 121 recorded sales of this use type
Observed band · Q1–Q3$153 – $276

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility14.7
Food Market13.7
Grocery Store12.2

Location

120 47Th Ave N St Petersburg, FL 33703
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4200 1st N, Saint Petersburg, FL 33703-5800 $2,100,000 Jun 2025 8,000 SF
550 50th N, Saint Petersburg, FL 33703-2972 $7,250,000 Jun 2023 32,912 SF
111 Madison N, Saint Petersburg, FL 33703-1356 $2,250,000 Mar 2020 11,997 SF
361 41st N, Saint Petersburg, FL 33703-4862 $4,350,000 Jul 2019 11,418 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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