727-631-5870
3554 1st Ave N, Saint Petersburg, FL for Sale
Apartments - FOR SALE
1/17
null | Request Cap Rate

3554 1st Ave N
Saint Petersburg, FL 33713
Central Oak Park


HIGHLIGHTS

  • Boutique Mid-Century Property with Modern Updates
  • Urban Infill Location near Downtown St. Petersburg
  • Value-Add Upside Through Commercial Lease-up
  • Redevelopment Opportunity along Central Avenue
  • Rental Growth Strategy on Existing Units

OVERVIEW

BH Real Estate Advisors is proud to present Aria Flats, a distinctive 16-unit boutique mixed-use property paired with 2,300± SF of prime ground-floor commercial space. This rare offering also includes 0.24± acres of redevelopment-ready land along the highly sought-after Central Avenue corridor, one of St. Petersburg’s most dynamic growth areas. Listing includes 3554 1st Avenue North and 3555 Central Avenue. Just minutes from Downtown St. Pete and steps from the vibrant Grand Central District, Aria Flats puts residents and tenants within easy walking distance of acclaimed restaurants, eclectic retail, and thriving employment hubs while still offering quick access to the Gulf beaches and surrounding neighborhoods. With extensive capital improvements already completed across the 16 multifamily units, Aria Flats delivers investors an immediate, stable income stream, plus compelling upside potential. Opportunities include leasing the ground-floor commercial space to capture additional NOI and transforming the adjacent parcel into townhomes, additional multifamily units, or a mixed-use expansion unlocking the full value of this exceptional location. ***CALL BRIAN HUNSICKER FOR DETAILS OR TO SCHEDULE A TOUR AT 727-631-5870***

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

16

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aria Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1963

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

-

APN/PARCEL ID

22-31-16-72756-020-0060,22-31-16-72756-020-0080,22-31-16-72756-020-0090

ASK ABOUT THIS PROPERTY

Brian HunsickerBH Real Estate AdvisorsMore Info
727-631-5870

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Brian HunsickerBH Real Estate AdvisorsMore Info
727-631-5870

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