844 5th Avenue S, St. Petersburg, Florida

$2,200,000

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7,075

Square feet

About 844 5th Avenue S

Fully Renovated (2017) 13-Unit Apartment Community in Downtown St. Petersburg Significant Upside Through Operational and Management Efficiency (Rental Upside From Comps, Additional Revenue Streams, Reduction in Expenses, etc.) On-Site Laundry and Storage Facilities Provide Additional Income Unit Mix Includes Spacious Studios (46%), 1Bed 1Bath (38%), and 2Bed 2Baths (15%) Current Zoning of Employment Center-2 (EC-2) Permits Hotel use, Which Opens up Income Potential to Short Term Rentals Excellent Location in the Urban Core of Downtown St. Petersburg, Walkable to High-End Restaurants & Retail Along Central Ave and Beach Drive

Multi-Family home sold in St. Petersburg, Florida at 844 5th Avenue S. This Multi-Family home is priced at $311/sqft

Features of 844 5th Avenue S

MLS® # cms43
Price $2,200,000
Sold Price $2,200,000
Bathrooms 0.00
Square Footage 7,075
Acres 0.00
Type Multi-Family
Status Sold

Community Information: St. Petersburg

Address 844 5th Avenue S
City St. Petersburg
State Florida
Zip Code 33701

Interior of 844 5th Avenue S

# of Stories 2

Listing Details

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