742 7th Avenue N St Petersburg, FL 33701
Listing Courtesy of: STELLAR / Coldwell Banker Realty / Estelia Mesimer - Contact:  727-360-6927

  742 7th Avenue N St Petersburg, FL 33701

Active (19 Days)
$1,450,000

Description

Turnkey 8-Unit Multi-Family Opportunity in Historic Uptown St. Petersburg
Discover this exceptional investment opportunity in the heart of St. Petersburg's vibrant downtown urban core. This 8-unit property has been meticulously renovated, making it a standout asset in one of the city's most desirable neighborhoods. Recent capital improvements include a new roof (October 2022), electrical upgrades throughout the property (2020 & 2022), and updated kitchens in 5 units, with two additional units fully renovated in 2023. Additional enhancements include new flooring, fresh paint, updated exterior stairs, laundry equipment, fencing, and durable vinyl siding, ensuring low-maintenance ownership.
The property comprises three separate buildings: an original bungalow, a two-story main building, and a garage apartment with multiple garage bays, offering excellent storage or potential for additional rental income. Two of the largest units feature central air via mini-split systems, and the property provides off-street parking for 5 vehicles.
Situated in the Historic Uptown district, just 1.5 blocks from Round Lake Park and a short 5-7 minute drive to downtown St. Petersburg, this location offers unparalleled access to restaurants, Starbucks, shopping, and cultural attractions. Whether you’re walking your dog, biking downtown, or enjoying the charm of this historic neighborhood, this property offers an unbeatable combination of modern updates and timeless appeal.
With current rents slightly below market, there is significant potential for increased revenue. Don’t miss this rare opportunity to own a turnkey investment property in one of St. Petersburg’s most sought-after neighborhoods.
Please Note: Do not disturb tenants. Contact us today for additional information or to schedule a private showing!

MLS #:
TB8330842
Taxes
$14,613(2023)
Lot Size
7,836 SQFT
Type
Multifamily
Year Built
1915
County
Pinellas County

Listed By

Estelia Mesimer, Coldwell Banker Realty, Contact: 727-360-6927
Source
STELLAR
Last checked Jan 22 2025 at 7:23 AM GMT+0000
Bathroom Details
Interior Features
  • Other
  • Ceiling Fans(s)
Subdivision
  • Plunkets Elijah B
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Other
  • Central
  • Mini-Split Unit(s)
Exterior Features
  • Wood Frame
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Public, Electricity Connected, Cable Available
  • Sewer: Public Sewer
Living Area
  • 3,515 sqft
Additional Information: St. Pete Beach | 727-360-6927
Location
   
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2025. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 1/21/25 23:23