Twitter
Facebook
Email
|
This exceptional 6-unit mixed-use property in St. Petersburg's coveted downtown 33701 zip code offers a rare combination of resilience, location, and income potential. With a prime location steps from Crescent Lake Park, just 1 mile from Central Avenue, and walking distance to Tropicana Field, this property is perfectly positioned to capitalize on the city's vibrant growth. Elevated 40+ feet above sea level, it sustained no interior hurricane damage and is zoned CRT-1, allowing flexible residential and commercial use. The owner most recently has operated it as a mid term rental, allowing 1-2 months stays. The property features a separately metered, detached block 2-car garage, providing an opportunity to expand the usable footprint or generate additional income. A studio unit on the third floor that offers breathtaking views of the St. Pete skyline and can be easily converted into a true 1-bedroom, 1-bathroom unit for additional added value. A new roof was installed in 2021, and the building currently utilizes central heating, with the potential to be upgraded to an efficient heat pump system for central air conditioning. Additionally, a property manager living next door is willing to remain on board for smooth operational continuity. Financially, the property is a proven performer, grossing over $125,000 last year, with detailed financial records available upon request. This is a rare opportunity to own a versatile and income-generating property in a highly desirable downtown location.
| DAYS ON MARKET | 1 | LAST UPDATED | 1/11/2025 |
|---|---|---|---|
| TRACT | EAST VIEW ADD | YEAR BUILT | 1910 |
| COMMUNITY | 33701 - St Pete | GARAGE SPACES | 2.0 |
| COUNTY | Pinellas | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33701 - St Pete |
| BASEMENT | Crawl Space |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Other |
| LOT | 6534 sq ft |
| LOT DIMENSIONS | 52x123 |
| SEWER | Public Sewer |
| SUBDIVISION | EAST VIEW ADD |
| TAXES | 11368.08 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Lorraine
Valdes to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Tyler Carpenter, CARPENTER REALTY GROUP, 813-362-4586
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 1/11/25 11:42 AM PST.
This IDX solution is (c) Diverse Solutions 2025.