105 7th Ave N - Apartments FOR SALE


Saint Petersburg, FL 33701- Old Northeast
$3,700,000 USD
727-619-4936
105 7th Ave N, Saint Petersburg, FL for Sale
$3,700,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

105 7th Ave N
Saint Petersburg, FL 33701
Old Northeast


HIGHLIGHTS

  • Located in the Heart of the Historic Old Northeast, within walking distance to the St. Pete Pier, Downtown, the Vinoy, and more
  • Two two-story buildings separated by a landscaped courtyard, 11 parking spaces in the back, and ample street parking
  • Property has been well maintained
  • Short-term leases with legacy tenants allow the buyer to either increase rents or continue managing the property as is

OVERVIEW

Bridgewater Commercial Real Estate is pleased to present 105-115 7th Ave N, an 18 unit multifamily property in the heart of the Historic Old Northeast neighborhood of St. Petersburg, FL. The Property is situated only a short walk to Downtown St. Pete, Vinoy Park, the St. Pete Pier, and many other of St. Pete’s attractions. The Property has been well maintained, with renovations to each unit completed in-between tenants, and repairs performed promptly as needed. As most tenants are on short lease terms, the ability to increase cash flow is available, and the expected appreciation within St. Pete’s most sought after neighborhood is undeniable.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

18

PRICE/UNIT

$205,556

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,022 SF

ZONING

NT-2

APN/PARCEL ID

18-31-17-23850-001-0120

ASK ABOUT THIS PROPERTY

Davis NunneleyBridgewater Commercial Real EstateMore Info
727-619-4936

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Davis NunneleyBridgewater Commercial Real EstateMore Info
727-619-4936

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