2722 14TH Avenue S
Property Description
Motivated Sellers! HOME WARRANTIES included on the existing units and located in a NO FLOOD ZONE, this rare MULTIFAMILY INVESTMENT PROPERTY in ST. PETERSBURG, FLORIDA offers the perfect combination of IMMEDIATE CASH FLOW and APPROVED DEVELOPMENT OPPORTUNITY. Situated on approximately 3.5 CORNER LOTS, this unique property includes FOUR FULLY OCCUPIED RENTAL UNITS across three separate buildings, featuring a 3-BEDROOM, 2-BATH SINGLE-FAMILY HOME, a 2-BEDROOM, 2-BATH SINGLE-FAMILY HOME, and TWO REMODELED STUDIO APARTMENTS, all extensively updated in 2022 with NEW ROOFS, UPDATED KITCHENS, MODERN FLOORING, NEW DOORS, TRIM, PAINT, AND INTERIOR FINISHES, plus NEW LANDSCAPING completed in 2025. Also included is the parcel at 1416 28TH AVE S, where the previous five-unit building was professionally demolished with permits, including asbestos remediation, and the property has already been REZONED AND APPROVED FOR UP TO 13 RESIDENTIAL UNITS, allowing investors and developers to collect rental income while planning their next project. Located just minutes from DOWNTOWN ST. PETERSBURG, CENTRAL AVENUE, the WAREHOUSE ARTS DISTRICT, the TROPICANA FIELD REDEVELOPMENT, I-275, and the GULF BEACHES, this property is surrounded by NEW CONSTRUCTION, thriving businesses, and one of the area's strongest RENTAL MARKETS. Whether you're searching for a MULTIFAMILY PROPERTY, INCOME-PRODUCING INVESTMENT, REDEVELOPMENT OPPORTUNITY, VALUE-ADD PROJECT, or a COMMERCIAL RESIDENTIAL DEVELOPMENT SITE, this exceptional offering delivers STRONG CASH FLOW, LONG-TERM APPRECIATION, and outstanding upside in one of ST. PETERSBURG'S FASTEST-GROWING LOCATIONS.
Broker Details
Real Broker, LLC. (309) 242-7943
MLS ID: 261553293 State License Number: 3356969
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,015,900 |
| No. of Units: | 4 |
| Year Built: | 1926 |
| Lot Size: | 5,143.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $253,975 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 6 |
ID: 3yd-MFRMLSFL-TB8443916
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
2830 Louisiana Avenue
Lafayette, Louisiana
2200 Annette Street
New Orleans, LouisianaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout