Property Description

Don’t miss this 6-bedroom, 3-bathroom multifamily property located just minutes from Downtown St. Petersburg—an outstanding opportunity for investors seeking strong upside in a high-demand rental market. The main residence offers over 1,900 sq ft with 4 bedrooms and 2 bathrooms and has sustained fire damage. The property is structurally sound, and the Disaster Emergency Permit application has already been approved, providing a clear path forward for renovation and redevelopment. The upper unit, which is move in ready, was not affected by the fire, features a private rear entrance and includes 2 bedrooms, 1 bathroom, and over 500 sq ft of living space—ideal for future rental income or owner occupancy. Adding even more value is the oversized two-car garage (500+ sq ft), which presents an excellent opportunity to be converted into a third unit (buyer to verify zoning and permitting), significantly increasing income potential. The property is fully gated, offering added privacy and security. Located just a few miles from Downtown St. Petersburg, with easy access to I-275, this prime location places you close to Tampa, St. Pete Pier, The Dalí Museum, USF St. Petersburg Campus, and only a short drive to world-renowned Gulf beaches including St. Pete Beach, Treasure Island, and Madeira Beach. Nearby shopping, restaurants, supermarkets, and local attractions further enhance the appeal. Sold As-Is. Cash or renovation financing preferred. This is a rare opportunity to acquire a high-potential, income-producing multifamily asset in one of Florida’s most desirable and rapidly growing markets.