324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
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324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
324 7TH ST S
For Sale

324 7TH ST S

324 7TH ST S, ST PETERSBURG, FL 33701

$1,195,000
Introducing a prime 4-unit multifamily property located in the heart of downtown St. Petersburg, offering exceptional investment potential and modern upgrades. This well-maintained property boasts an average monthly rental upside of $275 per unit, or approximately $13,000 annually, based on comparable properties in the market.

Significant renovations have been completed in both 2022 and 2023, including stunning interior upgrades such as sleek stainless steel appliances, white shaker cabinets, new water heaters, and quartz countertops. The exterior has been meticulously enhanced with fresh sealant and painting, balcony repairs, fencing replacement, staircase repairs, and upgraded central AC units.

With amenities that include select furnished units, an on-site laundry facility, private front porches, and a fenced-in lot, this property offers comfortable living in a vibrant location.

Situated within walking distance to the best of downtown St. Petersburg, including upscale dining, retail destinations, and the scenic waterfront on Central Avenue and Beach Drive, this property is perfectly positioned. It's also just a 5-minute walk to the highly anticipated $6.5 billion Tropicana Field redevelopment project, which will transform the area with a new baseball stadium, 1.4 million square feet of office and medical space, retail and dining, hotels, and more.

The property is ideally located near major employers such as St. Anthony's Hospital (1.3 miles), Bayfront Health (0.5 miles), Johns Hopkins All Children's Hospital (0.5 miles), Tropicana Field (0.3 miles), and the University of South Florida - St. Petersburg Campus (0.4 miles). Plus, with St. Pete Beach just 7.9 miles away, ranked as the #1 beach in the U.S. by TripAdvisor in 2021, this property offers both urban convenience and coastal relaxation.

This is a rare opportunity to own a high-potential, renovated multifamily asset in one of Florida's most sought-after locations.

4
beds

4
baths

2,368 Sq.Ft. LIVING AREA

2,470 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms4
  • Laundry room Laundry Room
  • Flooring Tile, Wood
  • APPLIANCES Dishwasher, Disposal, Microwave, Range
  • other interior Features Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat

Area & Lot

  • Status For Sale
  • Living Area2,368 Sq.Ft.
  • Lot Area2,470 Sq.Ft.
  • MLS® IDTB8322027
  • TypeMulti-Family
  • YEAR BUILT1920
  • Elementary SchoolCampbell Park Elementary-PN
  • Middle SchoolJohn Hopkins Middle-PN
  • High SchoolSt. Petersburg High-PN

Exterior

  • water SourcePublic
  • utilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected
  • roofShingle
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureCrawlspace
  • other exterior FeaturesSidewalk

Financial

  • Sales Price$1,195,000
  • Real Estate Tax $11,121/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 324 7TH ST S, ST PETERSBURG, FL 33701. We are reviewing your request and will be in touch shortly!

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