742 7TH AVENUE N, ST PETERSBURG FL 33701

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$1,450,000

742 7TH AVENUE N, ST PETERSBURG, FL 33701

bedrooms

bathrooms

square feet

3,515

Acreage

0.18

Open Houses

year built

1915

Full Baths

Half Baths

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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!

Location
Subdivision	PLUNKETS ELIJAH B
County	Pinellas
Elementary School	-
Middle School	-
High School	-

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Open houses

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MLS number: TB8330842

Listing agent: Estelia Will Mesimer #673072

Listing broker: Coldwell Banker Residential (727) 442-7000

Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Saturday, February 1 2025 at 9:45 p.m. EST

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