OFFERING INDIVIDUALLY OR AS PORTFOLIO: Consists of 12-unit, 13-unit, and 8-unit property, all within a half-mile radius (13-Unit & 8-Unit Adjacent to Each Other). Separate OM's Available for Each Offering at MultifamilyFirm.com
PROPERTY 1 - Price: $1,315,000 | BUNGALOWS ON 50TH | 12-Units in 9 Buildings on 0.57 Acres
PROPERTY 2 – Price: $975,000 | CRISSMAN DRIVE APTS | 8-Units in 2 Buildings on 0.53 Acres | Consists of 7-Unit Apt Building and a 2/1 House (Adjacent to Parcel 3)
PROPERTY 3 – Price: $1,425,000 | SUN COVE APTS | 13-Units in 3 Duplex Buildings & 7 Mobile-Homes on 0.69 Acres (Adjacent to Parcel 2)
**View OFFERING MEMORANDUM at MultifamilyFirm.com for Financial Info & Full Details**
The Multifamily Firm is pleased to present a 33-unit, 3-property multifamily portfolio in St Petersburg, FL, comprised of 2 adjacent parcels and a 3rd located less than a mile away. Offered Individually or as a Portfolio with potential seller financing for a qualified buyer, the assets include a 12-unit, 13-unit, and 8-unit property, all within a half-mile radius in non-flood zone (Zone X) locations. The offering represents an exceptional value-add play, with substantial rental upside supported by government-subsidized housing programs indicating rents $600–$900 per month higher than current levels. Positioned just 10 minutes from both Downtown St Petersburg and the Gateway employment corridor, home to more than 2,700 businesses and 60,000+ employees, the portfolio combines strong location fundamentals with multiple avenues for value creation.
**View OFFERING MEMORANDUM at MultifamilyFirm.com for Financial Info & Full Details**