810 11Th StSt. Petersburg, FL 33705

Property Details for 810 11Th St

Year built

1920

Property size (Sq ft)

8,275 SF

Property type

Apartment buildings

Description

This exceptional multifamily investment opportunity presents a 14-unit apartment complex located at 810 11th St N, St. Petersburg, FL 33705, in the desirable Historic Uptown neighborhood. The property consists of six buildings, totaling 8,275 square feet across three separate parcels, and features a mix of studio, one-bedroom, and two-bedroom units. The unit breakdown includes four studios, seven one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, and one two-bedroom/two-bathroom unit. Built between 1920 and 1935, this Class A property boasts 100% occupancy, generating a pro-forma net operating income (NOI) of $169,780. The asking price is $2,285,000, translating to $163,214 per unit and $276.13 per square foot. Amenities include a complex pool, on-site parking, and laundry facilities. This fee-simple ownership offers significant potential for value appreciation and increased rental income, making it an attractive investment in a thriving community with a rich history. The property is eligible for residential financing. This is a rare chance to acquire a well-maintained, income-producing asset in a highly sought-after location.

Location Insight

City

St. Petersburg

County

Pinellas

State

Florida

Latitude

27.7806

Longitude

-82.6498

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