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1501 Newark Street S

St. Petersburg, FL 33711

5 beds
2 baths
1,174 sqft
4,844 sqft lot
$298 per sqft
1925 build
– on site

DON'T MISS OUT ON THIS REMARKABLE INVESTMENT OPPORTUNITY! This spacious 4-bedroom, 1-bathroom main house is currently rented out for an impressive $2,400 per month, providing a solid income stream. Additionally, the property features a detached 1-bedroom, 1-bath unit that is rented for $1,194 per month. In total, this reliable income producing property with Housing Authority tenants in place is bringing-in an impressive $3,594 per month. Both units have separate water and electric meters, ensuring tenants cover their own utility costs. With cosmetic renovations completed in the last two years and essential systems like the roof, HVAC, and water heater estimated to be just 3-5 years old, this property is ready for you to reap the rewards. Act quickly to make this lucrative investment yours!

Listing courtesy of STELLAR_MLS / INSTA REAL ESTATE SOLUTIONS

Last checked: Checking… • Last updated Jan 17, 2025 •

MLS# TB8339777 —

The Building

Year Built:

1925
New Construction:

false
Construction Materials:

Wood Frame
Levels:

One
Roof:

Shingle
Foundation Details:

Crawlspace
# of Buildings:

2
Building Area Total:

1344
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Unfurnished
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

1174
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Here are turn-by-turn directions from I-275 to 1501 Newark St S, St. Petersburg, FL: 1. **Merge onto I-275 S** from your starting location. 2. **Continue on I-275 S** for approximately 6 miles. 3. **Take exit 22** for I-175 toward St. Petersburg. 4. **Merge onto I-175 E** and continue for about 1.5 miles. 5. **Keep left to stay on I-175 E**, following signs for 5th Ave S. 6. **Merge onto 5th Ave S** and continue straight. 7. **Turn right onto 34th St S (US-19)** and continue for about 1 mile. 8. **Turn left onto 22nd Ave S**. 9. **Continue straight, and then turn right onto Newark St S**. 10. **Your destination, 1501 Newark St S**, will be on your left.
Latitude:

27.755475
Longitude:

-82.688321
Coordinates:

-82.688321, 27.755475

The Property

Parcel Number:

273116746460001210
Property Type:

Residential Income
Property Subtype:

Duplex
Property Condition:

Completed
Property Attached:

false
Lot Size Acres:

0.11
Lot Size Area:

4844
Lot Size SqFt:

4844
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
View:

false
Exterior Features:

Private Mailbox
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Flood Zone Code:

X
Flood Zone Panel:

12103C0214H
Additional Parcels:

false
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

121
Tax Legal Description:

RICHARDSON'S, W. E. LOT 121 LESS ST
Tax Book Number:

1-6
Tax Annual Amount:

3781

Beds

Bedrooms Total:

5

Baths

Total Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8339777
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Laundry Features:

Electric Dryer Hookup

The Community

Subdivision Name:

RICHARDSONS W E
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/16/25 Jan 16, 2025	Listed / Active	STELLAR_MLS	$349,999	976.9% (63.1% / YR)
3/20/15 Mar 20, 2015	Sold	STELLAR_MLS
12/21/12 Dec 21, 2012	Sold	STELLAR_MLS

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This multifamily located in Childs Park, St. Petersburg, FL 33711 is currently for sale for $349,999. 1501 Newark Street S is a 1,174 square foot multifamily with 5 beds and 2 baths that has been on Estately for 5 days. 1501 Newark Street S is in the Childs Park neighborhood of St. Petersburg and has a WalkScore® of 35, making it car-dependent.

Listing Courtesy of: STELLAR_MLS and INSTA REAL ESTATE SOLUTIONS.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.