The Multifamily Firm is pleased to present the Sun Cove Apartments, a 13-unit multifamily property in St. Petersburg, Florida. The asset offers a strong value-add opportunity with below-market rents and $600–$900 per month upside supported by government-subsidized housing. Situated on 0.69 acres, the property features 3 duplexes and 7 mobile homes with water sub-metering in-place, allowing immediate recapture of utility expenses and improved NOI. Recent updates include a new roof on one duplex and a newer mobile home with central A/C. Located in a non-flood zone (Zone X), Sun Cove Apartments sits just 10 minutes from Downtown St Petersburg and the Gateway area with 2,700+ businesses and 60,000+ employees. Seller financing is available for qualified buyers, negotiable based on price and terms. The property may also be purchased as part of a 21-unit or 33-unit portfolio with nearby assets, providing scale and upside in one of Tampa Bay’s strongest multifamily markets. For financial info & full details, please view the property Offering Memorandum document!