Rare opportunity to acquire a new construction quadplex located in the rapidly improving North Kenwood neighborhood of St. Petersburg. The property consists of (2) 4-bedroom / 2.5-bath units and (2) studio units over 2-car garages, delivering four income-producing units within a modern, low-density footprint. The asset is designed and operated as a quadplex, while also offering future optionality to be configured as two fee-simple duplexes, each with a primary residence and a studio unit. This flexibility enhances exit strategies without compromising current cash flow. Investment Highlights • New construction, A-class asset • Four income-producing units • Priced below replacement cost and current appraised value • Immediate equity at acquisition • Eligible for 1031 exchange buyers • Potential for cost segregation with bonus depreciation, subject to buyer’s tax strategy • Low maintenance, reduced insurance costs, and minimal near-term capital expenditures Operational Advantages • Modern systems and efficient construction • Lower ongoing maintenance and cap-ex requirements • Strong tenant demand in an urban infill location Investor Profile • Long-term hold investors • 1031 exchange buyers • Portfolio expansion strategies • Owner-occupant / house-hack buyers • Investors seeking tax-advantaged real estate Located in North Kenwood, a neighborhood experiencing continued revitalization and increased investment, the property benefits from proximity to major employment centers, downtown St. Petersburg, and ongoing public and private redevelopment efforts. This offering represents a rare opportunity to acquire a high-quality, newly built quadplex with durable income, built-in flexibility, and pricing that is difficult to replicate in today’s construction environment.