2722 14th Avenue S, St Petersburg, FL 33712

$1,125,900
5
BD
6
BA
5,143
SqFt

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List Price
$1,125,900
Status
Active
Days on Market
268
Price Change
▼ $50,000 1784055046
MLS#
TB8443916
Property Style
Multi-Family 5+
Year Built
1926
Bedrooms
5
Bathrooms
6
Living Area
5,143
Lot Size
19,254
Acres
0.44
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Wildwood Sub
MLS Area Major
St Pete

Property Description

Motivated Sellers! HOME WARRANTIES included on the existing units and located in a NO FLOOD ZONE, this rare MULTIFAMILY INVESTMENT PROPERTY in ST. PETERSBURG, FLORIDA offers the perfect combination of IMMEDIATE CASH FLOW and APPROVED DEVELOPMENT OPPORTUNITY. Situated on approximately 3.5 CORNER LOTS, this unique property includes FOUR FULLY OCCUPIED RENTAL UNITS across three separate buildings, featuring a 3-BEDROOM, 2-BATH SINGLE-FAMILY HOME, a 2-BEDROOM, 2-BATH SINGLE-FAMILY HOME, and TWO REMODELED STUDIO APARTMENTS, all extensively updated in 2022 with NEW ROOFS, UPDATED KITCHENS, MODERN FLOORING, NEW DOORS, TRIM, PAINT, AND INTERIOR FINISHES, plus NEW LANDSCAPING completed in 2025. Also included is the parcel at 1416 28TH AVE S, where the previous five-unit building was professionally demolished with permits, including asbestos remediation, and the property has already been REZONED AND APPROVED FOR UP TO 13 RESIDENTIAL UNITS, allowing investors and developers to collect rental income while planning their next project. Located just minutes from DOWNTOWN ST. PETERSBURG, CENTRAL AVENUE, the WAREHOUSE ARTS DISTRICT, the TROPICANA FIELD REDEVELOPMENT, I-275, and the GULF BEACHES, this property is surrounded by NEW CONSTRUCTION, thriving businesses, and one of the area's strongest RENTAL MARKETS. Whether you're searching for a MULTIFAMILY PROPERTY, INCOME-PRODUCING INVESTMENT, REDEVELOPMENT OPPORTUNITY, VALUE-ADD PROJECT, or a COMMERCIAL RESIDENTIAL DEVELOPMENT SITE, this exceptional offering delivers STRONG CASH FLOW, LONG-TERM APPRECIATION, and outstanding upside in one of ST. PETERSBURG'S FASTEST-GROWING LOCATIONS.

Additional Information

Taxes
$16692
Community Features
No Deed Restriction
Interior Layout
Ceiling Fans(s), Open Floorplan, Window Treatments
Interior Features
Ceiling Fans(s), Open Floorplan, Window Treatments
Utilities
Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Other, Private Mailbox
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
26-31-16-97560-000-0330
Legal Description
WILDWOOD SUB LOTS 33 THRU 36

Listing courtesy of REAL BROKER, LLC. 855-450-0442

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