Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
2,288
Exceptional Multifamily Investment Opportunity! Introducing a great opportunity to acquire a fully occupied, income-producing multifamily property in one of St. Petersburg’s most desirable neighborhoods: Euclid St. Paul’s. Ideally positioned near the Historic Uptown and Crescent Lake districts, this charming 1925-built asset is located at 1327 17th Avenue North, with convenient access to the northern units via 17th Terrace North. The property consists of two well-maintained buildings totaling 2,288 square feet, configured as four thoughtfully designed 1-bedroom units—all currently leased. With a current cap rate of 6.23%, this is a solid performer with the potential for increased returns through a few minor interior improvements. Situated in a high-demand rental submarket, this property offers full occupancy with consistent rental income, strong historical performance, and excellent tenant retention. Classic 1920s architecture is paired with modern updates, creating a timeless appeal for residents. The location provides easy access to downtown St. Pete, nearby parks, and major retail corridors, making it an attractive option for tenants and a stable, appreciating asset for investors. Zoned NT-2 and ideally suited for low-rise, garden-style multifamily ownership, this is a rare chance to secure a turn-key property with both immediate cash flow and long-term value in a thriving St. Petersburg neighborhood. Contact us today to schedule a private tour!
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ductless
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding, Frame
-
Other Exterior Features
Courtyard
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.11
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$895,000
-
Tax Amount
10678.0
-
Sq. Footage
2, 288
-
Price/SqFt
$391
HOA
-
Association
NO
School District
-
Elementary School
Woodlawn Elementary-PN
-
Middle School
John Hopkins Middle-PN
-
High School
St. Petersburg High-PN
Property Features
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
3
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Woodlawn Elementary-PN
Middle School
John Hopkins Middle-PN
High School
St. Petersburg High-PN
Listing Courtesy of Joey Romanik , COMPASS FLORIDA LLC
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Business Coach | Executive Sales Associate | Realtor®
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