1026 12th St N - Apartments FOR SALE


Saint Petersburg, FL 33705- Uptown St Petersburg
$1,100,000 USD
813-335-1976
1026 12th St N, Saint Petersburg, FL for Sale
$1,100,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

1026 12th St N
Saint Petersburg, FL 33705
Uptown St Petersburg


HIGHLIGHTS

  • Charming 6-Unit Multifamily Property in the Coveted Historic Uptown District of St. Petersburg, FL
  • 3 of the 6 Units Have Been Renovated – Opportunity to Upgrade Remaining Units
  • Interior Updates Include Modernized Kitchens, LVT Flooring, Fresh Paint, Refinished Tubs, and a Mix of White, Black, and Stainless-Steel Appliances
  • Exterior Enhancements Include New Low-Maintenance Landscaping with Mulch and Stone, Along with Repaired and Stained Decking
  • Excellent Location 4-Minutes Downtown St. Petersburg Where You Will Find Upscale Dining and Retail Destinations on Central Ave and Beach Drive
  • Within 8 Miles of St. Pete Beach; Voted the #1 Beach in the U.S. (Trip Advisor, 2021)

OVERVIEW

1026 12th St N presents a rare opportunity to acquire a 6-unit multifamily asset in St. Petersburg’s Historic Uptown District. Three units have been upgraded with modern kitchens, LVT flooring, and refreshed finishes, while two units feature private balconies—positioning the property for rent growth and value-add upside through continued renovations and premium pricing. Recent exterior improvements, including new low-maintenance landscaping and updated decking, further enhance long-term appeal. Just minutes from Downtown St. Petersburg and surrounded by major employers such as St. Anthony’s Hospital, Tropicana Field, Bayfront Health, and USF–St. Petersburg, the property benefits from strong tenant demand and proximity to top lifestyle destinations, including the St. Pete Pier, Vinoy Park, and St. Pete Beach. The property’s location and value-add potential position it for strong rent growth and long-term appreciation.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$355 USD /SF

# OF UNITS

6

PRICE/UNIT

$183,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

Multi Family 5-9 units

APN/PARCEL ID

13-31-16-25254-000-0150

ASK ABOUT THIS PROPERTY

Eve LowryFranklin StreetMore Info
813-335-1976

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Eve LowryFranklin StreetMore Info
813-335-1976

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.