779 9th Ave N - Apartments FOR SALE


Saint Petersburg, FL 33701- Crescent Lake
$2,890,000 USD
727-336-0465
779 9th Ave N, Saint Petersburg, FL for Sale
$2,890,000 USD
Apartments - FOR SALE
1/49
null | Request Cap Rate

779 9th Ave N
Saint Petersburg, FL 33701
Crescent Lake


HIGHLIGHTS

  • Close to many restaurants & coffee shops
  • Swimming Pool
  • 11 off-street parking spaces
  • Laundry room
  • Great location. Historic Uptown Neighborhood
  • Fenced in private dog park

OVERVIEW

Regency Villas Apartments is a standout property in the heart of Uptown St. Petersburg, offering a rare opportunity in this thriving area. This impressive complex features 16 thoughtfully arranged apartments. The property includes 15 studio units and one spacious 1-bedroom apartment, all set around a beautifully landscaped courtyard complete with a tranquil pool oasis. Nestled in the highly desirable and walkable Historic Uptown neighborhood, these apartments are just blocks from downtown St. Pete, Old Northeast, Crescent Lake, and vibrant 4th Street. Many units have been recently updated, providing tenants with modern comforts in an unbeatable location. The property boasts numerous amenities, including off-street parking for most units, on-site laundry facilities, private fenced dog park, and a shaded, fenced pool area that sets it apart in the rental market. These features, combined with the prime location, make Regency Villas Apartments highly attractive to renters, minimizing vacancies and ensuring steady rental income. Easy access to major highways ensures convenient commutes to Tampa, both regional airports, and the stunning beaches of Pinellas County. Don’t miss the chance to explore this exceptional investment opportunity. Please DO NOT DISTURB TENANTS / DO NOT WALK PROPERTY contact us today to schedule a visit!

FOR SALE DETAILS

PRICE

$2,890,000 USD

PRICE/SF

$398 USD /SF

# OF UNITS

16

PRICE/UNIT

$180,625

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regency Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

RS75, St Petersburg

APN/PARCEL ID

18-31-17-45864-000-0030,18-31-17-45864-000-0050,18-31-17-45864-000-0070

ASK ABOUT THIS PROPERTY

Jason SpitzerRE/MAX Metro CommercialMore Info
727-336-0465

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Jason SpitzerRE/MAX Metro CommercialMore Info
727-336-0465

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