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742 7th Ave
Off-Market Call for Pricing
Call for Pricing
- 8 Units
- 3,515 Sq Ft
- 7,836 Sq Ft
- Unknown Cap Rate
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!
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,450,000 |
| Property Type | Multi-Family |
| Usable Sqft | 3,515 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 183117722880000050 |
| MLS # | TB8330842 |
| Property ID | 319564535 |
| Lot Sqft | 7,836 |
| Zoning | Unknown |
| Total Units | 8 |
| Date Updated | June 09, 2025 |
| Date Created | January 03, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Estelia Will Mesimer an agent of . Lic #673072
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of June 09, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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- 30 mins
- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT