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    FOR SALE
    Quadplexes

    2722 14Th Ave S, St Petersburg, FL 33712

    Built 1926
    Property ID
    US18-3423058
    2722 14Th Ave S, St Petersburg, FL 33712 For Sale 1 / 56
    $1,190,900
    2722 14Th Ave S, St Petersburg, FL 33712
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    AI-generated overview

    SELLERS MOTIVATED-HOME WARRANTIES OFFERED ON EXSISTING UNITS-NO FLOOD ZONE | CASH-FLOWING MULTIFAMILY | ALL UNITS OCCUPIED | DEVELOPMENT APPROVED — Incredible MULTIFAMILY INVESTMENT OPPORTUNITY IN ST. PETERSBURG, FL spanning APPROXIMATELY 3.5 CORNER LOTS and including FOUR RENOVATED INCOME-PRODUCING UNITS ACROSS THREE STRUCTURES, plus a SEPARATE DEVELOPMENT PARCEL allowing investors to COLLECT RENT WHILE YOU BUILD; existing occupied units include 2728 14TH AVE S (3-BEDROOM / 2-BATH SINGLE-FAMILY HOME), 2722 14TH AVE S (2-BEDROOM / 2-BATH SINGLE-FAMILY HOME), and 2722 14TH AVE S UNITS A & B (TWO REMODELED STUDIO APARTMENTS), all FULLY RENOVATED IN 2022 WITH NEW ROOFS, UPDATED KITCHENS, FLOORING, DOORS, TRIM, AND PAINT, plus NEW LANDSCAPING IN 2025, while the additional parcel at 1416 28TH AVE S consists of a FORMER 5-UNIT BUILDING DEMOLISHED WITH PERMITS (INCLUDING ASBESTOS REMOVAL) and the entire property has been REZONED AND APPROVED FOR UP TO 13 TOTAL UNITS, creating a RARE VALUE-ADD AND DEVELOPMENT OPPORTUNITY in a HIGH-DEMAND RENTAL AREA just MINUTES FROM CENTRAL AVENUE, DOWNTOWN ST. PETE, THE WAREHOUSE ARTS DISTRICT, THE TROPICANA FIELD REDEVELOPMENT AREA, I-275, AND GULF BEACHES, surrounded by NEW CONSTRUCTION AND THRIVING LOCAL BUSINESSES, offering IMMEDIATE CASH FLOW, STRONG UPSIDE, AND LONG-TERM APPRECIATION POTENTIAL. bikeScore: 69, Bikeable walkScore: 76, Very Walkable transitScore: 48, Some Transit

    Property profile
    Verified
    Property type Quadplexes
    Year built 1926
    UPID US18-3423058
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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