Saint Petersburg, FL 33701,324 7TH ST S
Saint Petersburg, FL 33701,324 7TH ST S
Saint Petersburg, FL 33701,324 7TH ST S
Saint Petersburg, FL 33701,324 7TH ST S
Saint Petersburg, FL 33701,324 7TH ST S
Saint Petersburg, FL 33701,324 7TH ST S
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$ 1,195,000
Est. payment | /mo

4 Beds

4 Baths

2,368 SqFt


$ 1,195,000
Est. payment | /mo

4 Beds

4 Baths

2,368 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,368 sqft

Price per Sqft $504

Subdivision Rev Map Of St Petersburg

MLS Listing ID TB8322027

Bedrooms 4

Construction Status Appraisal,Financing,Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1920

Annual Tax Amount $11,120

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 50x50

Property Description

Under contract-accepting backup offers. Introducing a prime 4-unit multifamily property located in the heart of downtown St. Petersburg, offering exceptional investment potential and modern upgrades. This well-maintained property boasts an average monthly rental upside of $275 per unit, or approximately $13,000 annually, based on comparable properties in the market.

Significant renovations have been completed in both 2022 and 2023, including stunning interior upgrades such as sleek stainless steel appliances, white shaker cabinets, new water heaters, and quartz countertops. The exterior has been meticulously enhanced with fresh sealant and painting, balcony repairs, fencing replacement, staircase repairs, and upgraded central AC units.

With amenities that include select furnished units, an on-site laundry facility, private front porches, and a fenced-in lot, this property offers comfortable living in a vibrant location.

Situated within walking distance to the best of downtown St. Petersburg, including upscale dining, retail destinations, and the scenic waterfront on Central Avenue and Beach Drive, this property is perfectly positioned. It's also just a 5-minute walk to the highly anticipated $6.5 billion Tropicana Field redevelopment project, which will transform the area with a new baseball stadium, 1.4 million square feet of office and medical space, retail and dining, hotels, and more.

The property is ideally located near major employers such as St. Anthony's Hospital (1.3 miles), Bayfront Health (0.5 miles), Johns Hopkins All Children's Hospital (0.5 miles), Tropicana Field (0.3 miles), and the University of South Florida – St. Petersburg Campus (0.4 miles). Plus, with St. Pete Beach just 7.9 miles away, ranked as the #1 beach in the U.S. by TripAdvisor in 2021, this property offers both urban convenience and coastal relaxation.

This is a rare opportunity to own a high-potential, renovated multifamily asset in one of Florida's most sought-after locations.

Location

State FL

County Pinellas

Community Rev Map Of St Petersburg

Direction S

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplace false

Appliance Dishwasher, Disposal, Microwave, Range

Laundry Laundry Room

Exterior

Exterior Feature Sidewalk

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Construction Status Appraisal,Financing,Inspections

Schools

Elementary Schools Campbell Park Elementary-Pn

Middle Schools John Hopkins Middle-Pn

High Schools St. Petersburg High-Pn

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Listed by COMPASS FLORIDA, LLC
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324 7TH ST S