$1,175,000
bedrooms
0
bathrooms
0
square feet
3,800
Acreage
0.15
Open Houses
-
year built
1925
Full Baths
0
Half Baths
0
Welcome to The Urban Standard! An urban oasis located in St. Pete. The unique property features a mixture of 6 short and mid term rentals, and 3 long term leases. Ideally situated near bus lines, shopping, restaurants, and entertainment in the heart of St. Petersburg, this three-income-producing property in Pinellas County has endless value-add opportunities! With diverse rental options, plus located in unincorporated Pinellas County, this property experiences very low vacancy. The property consists of two buildings: a four unit at the front and a four unit at the back, with two additional studios. A shared community garden space, plus a dedicated dog park, make up this professionally managed complex. The property estimates a Net Operating Income (NOI) of $60,884 for 2024, with a CAP rate of 5.2%, making it the best buy on the market. Sold with 6 fully furnished units, it is ready to go for the next owner.
Location | |
Subdivision | ARCADIAN HEIGHTS |
County | Pinellas |
Elementary School | Lealman Avenue Elementary-PN |
Middle School | Meadowlawn Middle-PN |
High School | Northeast High-PN |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: TB8339945
Listing agent:
Kim Meredith-Hampton
#601196
Listing broker:
Engel & Voelkers St. Pete
(727) 295-0000
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 9:43 p.m. EST
Kotohomes National
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