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742 7TH N AVENUE, ST PETERSBURG, FL 33701
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$1,450,000
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Home Details for 742 7TH N AVENUE
Price
$1,450,000
Type
Multi Family
Year Build
1915
Sq. Ft.
3515
Lot Size
0.18
County
Pinellas
Tax
$14,613
MLS®️ Listing#
TB8330842
On exitrealty.com
258 days
Property Description
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!
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- Utilities
- Cable Available
- Electricity Connected
- Sewer Connected
- Water Connected
- Heating Information
- Central
- Other
- Cooling Information
- Ductless
- Water Features
- Public
- House Interior
- Other
Listing Courtesy: COLDWELL BANKER REALTY - 727-360-6927
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-07-07 18:03:13
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$1,450,000
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EXIT SUNCOAST REALTY
5113 Central Ave, St. Petersburg, FL 33710