324 7th Street S
SAINT PETERSBURG, FL 33701
- 4 beds
- 4 baths
- 2,368 sqft
- 2,470 sqft lot
- $504 per sqft
- 1920 build
- – on site
Introducing a prime 4-unit multifamily property located in the heart of downtown St. Petersburg, offering exceptional investment potential and modern upgrades. This well-maintained property boasts an average monthly rental upside of $275 per unit, or approximately $13,000 annually, based on comparable properties in the market. Significant renovations have been completed in both 2022 and 2023, including stunning interior upgrades such as sleek stainless steel appliances, white shaker cabinets, new water heaters, and quartz countertops. The exterior has been meticulously enhanced with fresh sealant and painting, balcony repairs, fencing replacement, staircase repairs, and upgraded central AC units. With amenities that include select furnished units, an on-site laundry facility, private front porches, and a fenced-in lot, this property offers comfortable living in a vibrant location. Situated within walking distance to the best of downtown St. Petersburg, including upscale dining, retail destinations, and the scenic waterfront on Central Avenue and Beach Drive, this property is perfectly positioned. It’s also just a 5-minute walk to the highly anticipated $6.5 billion Tropicana Field redevelopment project, which will transform the area with a new baseball stadium, 1.4 million square feet of office and medical space, retail and dining, hotels, and more. The property is ideally located near major employers such as St. Anthony’s Hospital (1.3 miles), Bayfront Health (0.5 miles), Johns Hopkins All Children’s Hospital (0.5 miles), Tropicana Field (0.3 miles), and the University of South Florida – St. Petersburg Campus (0.4 miles). Plus, with St. Pete Beach just 7.9 miles away, ranked as the #1 beach in the U.S. by TripAdvisor in 2021, this property offers both urban convenience and coastal relaxation. This is a rare opportunity to own a high-potential, renovated multifamily asset in one of Florida’s most sought-after locations.
Last checked:
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Last updated Nov 17, 2024
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MLS# TB8322027 —
The Building
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Year Built:1920
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New Construction:false
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Construction Materials:Wood Frame (FSC Certified)
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Roof:Shingle
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Foundation Details:Crawlspace
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# of Buildings:1
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Building Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Tile
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Fireplace:false
Room Dimensions
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Living Area:2368
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From Tropicana Field Head West on Tropicana Dr toward 1st Ave S, Turn left onto 1st Ave S, Turn Right onto 7th St S. Property ahead on your right.
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Latitude:27.767919
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Longitude:-82.643038
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Coordinates:-82.643038, 27.767919
The Property
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Parcel Number:193117744660620082
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Attached:false
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Lot Size Acres:0.06
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Lot Size Area:2470
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Lot Size SqFt:2470
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Lot Size Dimensions:50 x 50
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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View:false
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Exterior Features:Sidewalk
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Additional Parcels:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (813) 817-0137
- Office phone:
- (813) 355-0744
Taxes
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Tax Year:2023
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Tax Lot:8
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Tax Block:62
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Tax Legal Description:REV MAP OF ST PETERSBURG BLK 62, S 50FT OF LOT 8
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Tax Book Number:H1-49
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Tax Annual Amount:11120.88
Beds
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Bedrooms Total:4
Baths
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Total Baths:4
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Connected
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Laundry Room
Schools
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Elementary School:Campbell Park Elementary-PN
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Middle Or Junior School:John Hopkins Middle-PN
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High School:St. Petersburg High-PN
The Community
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Subdivision Name:REV MAP OF ST PETERSBURG
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Senior Community:false
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Water View:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:Yes
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/17/24
Nov 17, 2024
|
Listed / Active | STELLAR_MLS | $1,195,000 |
