742 7th Avenue N
St. Petersburg, FL 33701
- – beds
- – baths
- 3,515 sqft
- 7,836 sqft lot
- $412 per sqft
- 1915 build
- – on site
Turnkey 8-Unit Multi-Family Opportunity in Historic Uptown St. Petersburg Discover this exceptional investment opportunity in the heart of St. Petersburg's vibrant downtown urban core. This 8-unit property has been meticulously renovated, making it a standout asset in one of the city's most desirable neighborhoods. Recent capital improvements include a new roof (October 2022), electrical upgrades throughout the property (2020 & 2022), and updated kitchens in 5 units, with two additional units fully renovated in 2023. Additional enhancements include new flooring, fresh paint, updated exterior stairs, laundry equipment, fencing, and durable vinyl siding, ensuring low-maintenance ownership. The property comprises three separate buildings: an original bungalow, a two-story main building, and a garage apartment with multiple garage bays, offering excellent storage or potential for additional rental income. Two of the largest units feature central air via mini-split systems, and the property provides off-street parking for 5 vehicles. Situated in the Historic Uptown district, just 1.5 blocks from Round Lake Park and a short 5-7 minute drive to downtown St. Petersburg, this location offers unparalleled access to restaurants, Starbucks, shopping, and cultural attractions. Whether you’re walking your dog, biking downtown, or enjoying the charm of this historic neighborhood, this property offers an unbeatable combination of modern updates and timeless appeal. With current rents slightly below market, there is significant potential for increased revenue. Don’t miss this rare opportunity to own a turnkey investment property in one of St. Petersburg’s most sought-after neighborhoods. Please Note: Do not disturb tenants. Contact us today for additional information or to schedule a private showing!
Last checked:
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Checking…
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Last updated Jan 7, 2025
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MLS# TB8330842 —
The Building
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Year Built:1915
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New Construction:false
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Construction Materials:Wood Frame
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Roof:Shingle
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Foundation Details:Concrete Perimeter
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# of Buildings:3
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Building Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s)
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Fireplace:false
Room Dimensions
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Living Area:3515
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:4th St N. east on 7th Ave n to address
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Latitude:27.779106
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Longitude:-82.643762
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Coordinates:-82.643762, 27.779106
The Property
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Parcel Number:183117722880000050
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Size Acres:0.18
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Lot Size Area:7836
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Lot Size SqFt:7836
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Lot Size Dimensions:56 x 140
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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:Balcony
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Water Source:Public
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Road Surface Type:Paved
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Flood Zone Code:B & X
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Additional Parcels:false
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Lease Restrictions:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (727) 686-2859
- Office phone:
- (727) 360-6927
Taxes
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Tax Year:2023
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Tax Lot:5
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Tax Legal Description:PLUNKETS, ELIJAH B LOT 5
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Tax Book Number:H2-56
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Tax Annual Amount:14613
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8330842
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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:Mini-Split Unit(s)
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Cooling:true
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
Appliances
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Laundry Features:Common Area
The Community
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Subdivision Name:PLUNKETS ELIJAH B
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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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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:8
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).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/3/25
Jan 3, 2025
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Listed / Active | STELLAR_MLS | $1,450,000 | 17.9% (12.1% / YR) |
|
7/14/23
Jul 14, 2023
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STELLAR_MLS | $1,230,000 | -23.0% | |
|
6/6/23
Jun 6, 2023
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STELLAR_MLS | $1,597,659 |
