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7027 4th Ave
Saint Petersburg, FL 33710

Multifamily Property For Sale · 8 Units

Investment Highlights

  • Turnkey investment requires minimal monthly maintenance
  • New roofs in 2018 & 2022, renovated kitchens and new vanities in all but two units, terrazzo floors under carpet
  • Flood zone X
  • Below market rents and mostly month-to-month leases allow buyers to add value simply by increasing rental rates
  • Central A/C with new HVAC in units 3&4, new ceiling fans & junction boxes, large walk-in closets in each unit
  • 10 minute drive to Treasure Island, 10 minute walk to Central Ave, and only a few blocks from St. Pete College

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.44 AC
Building Size 5,408 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1966/2023
Parking Ratio 3.33/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Storage Space
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Wi-Fi
  • Yard
  • Grill
  • Breakfast Nook
  • Deck
  • Family Room
  • Framed Mirrors
  • Freezer
  • Garden
  • Lawn
  • Patio
  • Vinyl Flooring

Site Amenities

  • Trash Pickup - Curbside
  • Walking/Biking Trails

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
2+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-31-16-67734-002-0100
Land Assessment
$527,015
Improvements Assessment
$512,985
Total Assessment
$1,040,000

zoning

Zoning Code NSM-1 (The NSM districts allow medium-intensity suburban-style garden apartments reflecting the small and large apartment complexes constructed in the 1980s.)
NSM-1 (The NSM districts allow medium-intensity suburban-style garden apartments reflecting the small and large apartment complexes constructed in the 1980s.)
  • Listing ID: 28117690

  • Date on Market: 4/1/2023

  • Last Updated:

  • Address: 7027 4th Ave, Saint Petersburg, FL 33710

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