900 1st St N - Apartments FOR SALE


Saint Petersburg, FL 33701- Old Northeast
$2,300,000 USD
727-619-4936
900 1st St N, Saint Petersburg, FL for Sale
$2,300,000 USD
Apartments - FOR SALE
1/15
null | Request Cap Rate

900 1st St N
Saint Petersburg, FL 33701
Old Northeast


HIGHLIGHTS

  • Located in the Heart of the Historic Old Northeast, within walking distance to the St. Pete Pier, Downtown, the Vinoy, and more
  • One two-story building with 11 parking spaces on property, and ample street parking
  • Property has been well maintained
  • Short-term leases with legacy tenants allow the buyer to either increase rents or continue managing the property as is

OVERVIEW

Bridgewater Commercial Real Estate is pleased to present 900 1st St N to the market, an 11 unit multifamily property in the heart of the Historic Old Northeast neighborhood of St. Petersburg, FL. The Property is situated only a short walk to Downtown St. Pete, Vinoy Park, the St. Pete Pier, and many other of St. Pete’s attractions. The Property has been well maintained, with renovations to each unit completed in between tenants, and repairs performed promptly as needed. As most tenants are on short lease terms, the ability to increase cash flow is available, and the expected appreciation within St. Pete’s most sought after neighborhood is undeniable.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$329 USD /SF

# OF UNITS

11

PRICE/UNIT

$209,091

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

NT-2

APN/PARCEL ID

18-31-17-97740-000-0010

ASK ABOUT THIS PROPERTY

Davis NunneleyBridgewater Commercial Real EstateMore Info
727-619-4936

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Davis NunneleyBridgewater Commercial Real EstateMore Info
727-619-4936

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