742 7th Avenue N St Petersburg, FL 33701
Multi-Family (2-4 Units)
MLS #: TB8330842
Courtesy Of Coldwell Banker Residential
Property InformationDescription
Turnkey 8-Unit Multi-Family Opportunity in Historic Uptown St. Petersburg
Discover this exceptional investment opportunity in the heart of St. Petersburg's vibrant downtown urban core. This 8-unit property has been meticulously renovated, making it a standout asset in one of the city's most desirable neighborhoods. Recent capital improvements include a new roof (October 2022), electrical upgrades throughout the property (2020 & 2022), and updated kitchens in 5 units, with two additional units fully renovated in 2023. Additional enhancements include new flooring, fresh paint, updated exterior stairs, laundry equipment, fencing, and durable vinyl siding, ensuring low-maintenance ownership.
The property comprises three separate buildings: an original bungalow, a two-story main building, and a garage apartment with multiple garage bays, offering excellent storage or potential for additional rental income. Two of the largest units feature central air via mini-split systems, and the property provides off-street parking for 5 vehicles.
Situated in the Historic Uptown district, just 1.5 blocks from Round Lake Park and a short 5-7 minute drive to downtown St. Petersburg, this location offers unparalleled access to restaurants, Starbucks, shopping, and cultural attractions. Whether you re walking your dog, biking downtown, or enjoying the charm of this historic neighborhood, this property offers an unbeatable combination of modern updates and timeless appeal.
With current rents slightly below market, there is significant potential for increased revenue. Don t miss this rare opportunity to own a turnkey investment property in one of St. Petersburg s most sought-after neighborhoods.
Please Note: Do not disturb tenants. Contact us today for additional information or to schedule a private showing!
Discover this exceptional investment opportunity in the heart of St. Petersburg's vibrant downtown urban core. This 8-unit property has been meticulously renovated, making it a standout asset in one of the city's most desirable neighborhoods. Recent capital improvements include a new roof (October 2022), electrical upgrades throughout the property (2020 & 2022), and updated kitchens in 5 units, with two additional units fully renovated in 2023. Additional enhancements include new flooring, fresh paint, updated exterior stairs, laundry equipment, fencing, and durable vinyl siding, ensuring low-maintenance ownership.
The property comprises three separate buildings: an original bungalow, a two-story main building, and a garage apartment with multiple garage bays, offering excellent storage or potential for additional rental income. Two of the largest units feature central air via mini-split systems, and the property provides off-street parking for 5 vehicles.
Situated in the Historic Uptown district, just 1.5 blocks from Round Lake Park and a short 5-7 minute drive to downtown St. Petersburg, this location offers unparalleled access to restaurants, Starbucks, shopping, and cultural attractions. Whether you re walking your dog, biking downtown, or enjoying the charm of this historic neighborhood, this property offers an unbeatable combination of modern updates and timeless appeal.
With current rents slightly below market, there is significant potential for increased revenue. Don t miss this rare opportunity to own a turnkey investment property in one of St. Petersburg s most sought-after neighborhoods.
Please Note: Do not disturb tenants. Contact us today for additional information or to schedule a private showing!
Features
- Age: Over 50 Years Old
- Amenities: Dock, Ceiling Fan
- Architecture Style: Other
- Heating System: Central Furnace
- Lot Size: 0.18 Acres
VIDEOS AND TOURS
MAP & DIRECTIONS
School Information
742 7th Avenue N, St Petersburg, FL 33701
Elementary School
Grades KG-5 |
Public School
NORTH SHORE ELEMENTARY
Saint Petersburg, FL 33704
200 35th Ave NE
727.893.2181
Distance: 1.8 mi
School Rating
C
Student:Teacher Ratio
11:1
Total Students
390
Middle School
Grades 6-8 |
Public School
JOHN HOPKINS MIDDLE SCHOOL
Saint Petersburg, FL 33705
701 16th St S
727.893.2400
Distance: 1.4 mi
School Rating
D+
Student:Teacher Ratio
16:1
Total Students
698
High School
Grades 9-12 |
Public School
ST. PETERSBURG HIGH SCHOOL
Saint Petersburg, FL 33713
2501 5th Ave N
727.893.1842
Distance: 1.5 mi
School Rating
C+
Student:Teacher Ratio
21:1
Total Students
1760
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Pinellas Mycroschool Of Integrated Academics And Technologie | 0.8 mi | Public | 9-12 | F |
| St Paul Catholic School | 0.9 mi | Private | PK-8 | |
| Woodlawn Elementary | 1.0 mi | Public | PK-5 | D- |
| Campbell Park Elementary | 1.1 mi | Public | PK-5 | C |
| Mount Zion Christian Academy | 1.7 mi | Private | KG-5 | |
| Melrose Elementary | 1.7 mi | Public | PK-5 | C- |
| Midtown Academy | 1.8 mi | Public | KG-5 | B |
| Perkins Elementary School | 2.2 mi | Public | PK-5 | C+ |
| Arqam's Academy | 2.2 mi | Private | KG-6 | |
| Academy Preparatory Center Of St Petersburg | 2.4 mi | Private | 5-8 | |
| Gibbs High School | 2.4 mi | Public | 9-12 | C- |
| James B. Sanderlin K-8 | 2.6 mi | Public | KG-8 | B- |
| St Raphael Catholic School | 2.6 mi | Private | PK-8 | |
| Lakeview Fundamental Elementary School | 2.6 mi | Public | PK-5 | B- |
| Community Christian Academy | 2.6 mi | Private | KG-12 | |
| Strive Academy | 2.7 mi | Public | 6-12 | |
| Douglas L. Jamerson Jr. Elementary School | 2.7 mi | Public | PK-5 | B- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Saint Petersburg, FL 33701
| Median Age: | 47.4 |
|---|---|
| Married: | 26% |
| Number of Households: | 11,451 |
| Households with Children: | 10.2% |
Saint Petersburg, FL 33701
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
