805 4th Ave N
Saint Petersburg, FL 33701

CBRE Multifamily is pleased to present Satoshi Sol, a 12-unit apartment community located on a 0.36-acre site in downtown St. Petersburg, FL. Satoshi Sol's 22-unit sister property, Satoshi Park, Is also available for acquisition. These Properties may be purchased together as a portfolio or individually. (For More information on Satoshi Park click here).

The property has undergone extensive renovations, including exterior upgrades and interior improvements such as new flooring, fresh paint, updated appliances, cabinets, and windows. Satoshi Sol currently benefits from stabilized cash flows with only three leases set to expire in 2024 and four leases expiring in 2026. In addition to rental income, the property generates strong other income through parking, storage, and furniture rentals, providing additional revenue streams. Situated less than 900 feet from Mirror Lake, an area experiencing significant new development, Satoshi Sol is positioned in a highly desirable location. Moreover, the property is located less than half a mile from the $6.5 billion Tropicana Field redevelopment, which presents an exciting future development opportunity. This prime location and the extensive upgrades make Satoshi Sol a compelling investment with both strong current cash flow and significant potential for future growth.