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One of Downtown St. Petersburg's rarest offerings "” a historic 1925 six-unit apartment building situated steps from Historic Old Northeast in Flood Zone X. The two-story wood-frame building features 5 one-bedroom/one-bath units plus an efficiency, individually metered electric, and a 2021 roof replacement already complete. Current rents are significantly below the appraiser's concluded value and represent significant income upside with rent stabilization in gross annual potential. Grandfathered 6-unit use under NT-2 zoning protects the income-producing asset in a neighborhood where comparable new supply simply cannot be built. Value-add investors will appreciate the vacancy/rent-up story, the density efficiency, and a location that commands premium tenants with minimal concessions. A genuine value-add play in a submarket that rarely offers one. Dont miss out on the investment opportunity. Contact the listing agent for a duel portfolio marketing plan for this and 247 6th ave n.
| DAYS ON MARKET | 31 | LAST UPDATED | 6/23/2026 |
|---|---|---|---|
| TRACT | KINYONS H H ADD | YEAR BUILT | 1925 |
| COMMUNITY | 33701 - St Pete | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher |
| AREA | 33701 - St Pete |
| CONSTRUCTION | Frame |
| HEAT | Ductless |
| INTERIOR | Bathrooms, Dumpsters, Fencing |
| LOT | 3485 sq ft |
| LOT DIMENSIONS | 55x64 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | KINYONS H H ADD |
| TAXES | 12134.51 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Dave Masi, SUNSHINEAGLE LLC, 941-416-4580
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 7/24/26 12:33 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.