1701 16th S St Saint Petersburg, FL 33705-2531
Property profile & analytics
1701 16th S St, Saint Petersburg, FL 33705-2531
- Turn key restaurants
- 1,440 SF
- 0.07 lot acres
Property ID
US18-3722389
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- 727 Seafood & Grill / Restaurant
- Popbellies / Restaurant
- Red's Snak Shak / Restaurant
Property Details for 1701 16th S St
- Year built
- 1947
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.07 lot acres
- Property size
- 1,440 SF
- Property type
- Turn key restaurants
- APN
- 25-31-16-19656-000-0240
- APU
- 253116196560000240
Description
This exceptional 8-unit apartment complex, known as Euclid Grove Flats, presents a compelling investment opportunity in St. Petersburg, Florida. Located at 1701 16th Street North, this property boasts 4,172 square feet of building space situated on an 8,684 square foot lot. The two-story, all-concrete structure features front porches and ample parking for tenants with 10 spaces available. Built in 1951, the property generates a Net Operating Income (NOI) of $85,000, with an asking price of $1,600,000 ($383.51 per square foot). Its strategic location on a well-lit intersection of a major north-south corridor provides excellent visibility and accessibility. The property enjoys proximity to key transportation arteries, including Interstate access within 3 minutes and US Highway 19 North within 6 minutes. Furthermore, its location offers convenient access to area beaches (13 minutes), downtown St. Petersburg (5 minutes), and Tampa (17 minutes). Detailed financial information is available upon request. This offering represents a rare opportunity to acquire a well-maintained multifamily property in a thriving market within the Tampa Bay metro area, specifically the Euclid neighborhood and Woodlawn Business District.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Saint Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.655
- Latitude
- 27.7538
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,469
$0.00
$0.00
$90,000
-
$22,143
$67,857
$90,000
