Price Reduced 10.05%
Price History
$995,000
3/31/2025
$895,000
5/27/2025
944 15TH AVENUE S, St. Petersburg, FL, 33705
0 beds
1925
3,872 sqft
Under contract-accepting backup offers. NO FLOOD damage or hurricane claims made by current Owners - property is in X Flood Zone. Very Rare 5-unit Multi-Family Investment Property only minutes from Downtown St. Pete and Tropicana Field. New Roofs on all buildings in 2022. Foundation stabilization for all 3 buildings with Lifetime Warranty. All units are separately metered for electric and water. Property has had many recent updates, including but not limited to waterproof flooring in all units, updates to plumbing and electrical, interior and exterior paint, cabinets, A/C units and much more, including current renovations underway. Property is within blocks of Midtown Academy, local library and area Community Center! This property offers many future use possibilities in a developing area of St. Petersburg, as it is zoned for up to 9 units by both the county and the state. There is a common utility room that used to have an on-site W/D which would add additional revenue (and tenant interest) from a coin-op W/D. Sec-8 inspections have previously passed on all units and Sec-8 rates provide a very strong CAP Rate for this Investment Property... with tons of potential utilizing future development! Do not let this opportunity get away. Please DO NOT DISTURB TENANTS....Showing by appointment only please TEXT listing Agent with all questions and to set up showings. No sign on property.
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Other
Units:
5
Subdivision:
ORANGEWOOD
Heating:
Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Lot Size:
50 x 135
Acreage:
0.16
Est. Taxes:
$11,514
Construction
Stucco
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected
Days on Market:
171
MLS #:
TB8368438
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of KELLER WILLIAMS SOUTH TAMPA 813-875-3700