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Residential Investment

PENDING - St. Pete Multi-Family

3365 57th Avenue N., St. Petersburg, Florida 33714

Sold: $898,000
$206.44 / SF
Updated Sep 30, 2026
Categories Apartments

About this property

Welcome to The Urban Standard! An urban oasis located in St. Pete. The unique property features a mixture of 6 short and mid term rentals, and 3 long term leases. Ideally situated near bus lines, shopping, restaurants, and entertainment in the heart of St. Petersburg, this income-producing property in Pinellas County has endless value-add opportunities! With diverse rental options, plus located in unincorporated Pinellas County, this property experiences very low vacancy. The property consists of two buildings: a four unit at the front and a five unit at the back. A shared community garden space, plus a dedicated dog park, make up this professionally managed complex. The property estrimates Net Operating Income (NOI) of the last 12 months is $62,765.64, with a CAP rate of 6.3% and the Pro Forma numbers for 2025 with a CAP rate of 9.6%, making it the best buy on the market. Sold with 7 fully furnished units, it is ready to go for the next owner. Financials and Offering Memorandum available upon request.

Property details

Property Type
Residential
Building Type
Freestanding
Building Size
4,350 sqft
Units
9
Sewer
Public
Water
Public
Zoning
X
Electric
Public
Year Built
1925
Roof
Shingle

Documents 1 file

050625-Current-Rent-Roll-(1).pdf 23 KB

Last updated: Sep 30, 2026

Location

Address
3365 57th Avenue N.
St. Petersburg, Florida 33714
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.