This quadruplex in the heart of the Old Southeast consists of two buildings with two units each, ample storage space and parking, a well-manicured front lawn and common area, and street and ally access. The front building holds two 1/1’s, each with a separate entrance, and the back building holds two very large storage spaces on the first floor and two studios on the second. The back building grants access to each unit via two outdoor staircases, and a shared indoor staircase. All units have been well maintained and are rented to long term tenants at market rates, reducing the need to increase rents or negotiate new leases. Each unit has been meticulously well maintained, with a mix of refurbished hardwood floors and tile. The roof of the front building was replaced in 2023, and the pluming has been maintained and replaced as needed.
The property also sits on the brick lined streets of the Old Southeast, a quiet, upscale neighborhood just south of downtown, and within an easy walk to Lassing Park – a public waterfront park and beach. It is also only two miles from Downtown St. Pete, a mile from USF St Pete Campus, and two miles from Tropicana Field.
Nearby development includes the 4th Street Townhomes (10 residential units), Lake Maggiore Apartments (330 residential units), Coquina Key Plaza (456 residential units and 20,817 SF of retail), and the new Arc Invest headquarters that is kicking off St. Pete’s new Innovation District along 4th Street.
With long term tenants in place, well maintained units, and market rents, this is a true turn-key St. Pete Multifamily investment.
The property also sits on the brick lined streets of the Old Southeast, a quiet, upscale neighborhood just south of downtown, and within an easy walk to Lassing Park – a public waterfront park and beach. It is also only two miles from Downtown St. Pete, a mile from USF St Pete Campus, and two miles from Tropicana Field.
Nearby development includes the 4th Street Townhomes (10 residential units), Lake Maggiore Apartments (330 residential units), Coquina Key Plaza (456 residential units and 20,817 SF of retail), and the new Arc Invest headquarters that is kicking off St. Pete’s new Innovation District along 4th Street.
With long term tenants in place, well maintained units, and market rents, this is a true turn-key St. Pete Multifamily investment.
Property Details
Price:
$910,000
MLS #:
U8252583
Status:
Active
Beds:
2
Baths:
4
Address:
240 20TH AVENUE S
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ROUSLYNN
Neighborhood:
33705 – St Pete
City:
SAINT PETERSBURG
Listed Date:
Aug 5, 2024
State:
FL
Finished Sq Ft:
2,424
Total Sq Ft:
2,424
ZIP:
33705
Lot Size:
6,926 sqft / 0.16 acres (approx)
Year Built:
1939
Units:
4
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Units / Window Unit
Laundry Features
None, Other
Exterior
Construction Materials
Wood Frame
Exterior Features
Courtyard, Garden, Sidewalk
Roof
Shingle
Financial
Tax Year
2023
Taxes
$5,136
Map
Community
- Address240 20TH AVENUE S SAINT PETERSBURG FL
- SubdivisionROUSLYNN
- CitySAINT PETERSBURG
- CountyPinellas
- Zip Code33705
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Courtesy of BRIDGEWATER COMMERCIAL RE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
240 20TH AVENUE S
SAINT PETERSBURG, FL
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