324 7th Street South
St. Petersburg, FL 33701
$1,195,000
Price
4
Beds
2,368 Sq. Ft.
$505 / Sq. Ft.
2,368
Sq. Ft.
$505
per Sq. Ft.
Listed By Compass
Listed By Compass
Description
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...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.
Significant renovations have been completed in both 2022 and 2023, including stunning interior upgrades such as sleek stainless steel appliances, white shaker cabinets, new...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.
Listing Agent
![Brad Goldfinger]()
brad.goldfinger@compass.comP: (813)-817-0137
Property Details for 324 7th Street South
Subdivision Name
REV MAP OF ST PETERSBURG
Township31
WaterfrontNo
LISTING UPDATED: 11/19/2024 03:11 AM
Property Details for 324 7th Street South
| Status | Active |
|---|---|
| MLS # | TB8322027 |
| Days on Market | 4 |
| Taxes | $11,121 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Quadruplex |
| Year Built | 1920 |
| Lot Size | 0.06 AC / 2,470 SF |
| County | Pinellas County |
Building Information for 324 7th Street South
Stories-Residences4Year Built1920Building Size-Lot Size0.06 AC / 2,470 SF
Property Information for 324 7th Street South
Summary
Location and General Information
- Building Area Units: Square Feet
- Directions: From Tropicana Field Head West on Tropicana Dr toward 1st Ave S, Turn left onto 1st Ave S, Turn Right onto 7th St S. Property ahead on your right.
- Elementary School: Campbell Park Elementary-PN
- Middle Or Junior School: John Hopkins Middle-PN
- High School: St. Petersburg High-PN
- Mls Major Change Type: New Listing
- Major Change Type: New Listing
- Listing Service: Limited Service
- Senior Community: No
- Unit Number: No
- Street Number: 324
- Street Name: 7TH
- Street Suffix: STREET
- Street Direction Suffix: S
- State: FL
- City: SAINT PETERSBURG
Parking
- Carport: No
- Garage: No
Taxes and HOA Information
- Association: No
- CDD: No
- Tax Block: 62
- Tax Book Number: H1-49
- Tax Legal Description: REV MAP OF ST PETERSBURG BLK 62, S 50FT OF LOT 8
- Tax Lot: 8
- Tax Year: 2023
Virtual Tour
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/TB8322027
Property
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 50x50
- Parcel Number: 19-31-17-74466-062-0082
- Total Acreage: 0 to less than 1/4
- Total Num Buildings: 1
- Water Access: No
- Water Extras: No
- Living Area: 2368
- Lot Dimensions: 50x50
Property and Assessments
- Year Built Numeric: 1920
- Flood Zone Code: X
- New Construction: No
- Property Attached: No
- Public Survey Range: 17
- Public Survey Section: 19
Utilities
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Street Lights, Water Connected
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame (FSC Certified)
- Exterior Features: Sidewalk
- Foundation Details: Crawlspace
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 4
- Appliances: Dishwasher, Disposal, Microwave, Range
- Cooling: Central Air
- Fireplace: No
- Flooring: Tile, Wood
- Heating: Central
- Interior Features: Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat
- Laundry Features: Laundry Room
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
Multi Family
Multi-Family Information
- Annual Net Income: $58,262.00
- Unit Count: 1
Unit 1
- Unit Type Baths Total 1: 1
- Unit Type Beds Total 1: 1
- Unit Type Heated Sq Ft 1: 650
- Unit Type Number Of Units Occupied 1: 4
- Unit Type Pro Forma 1: 1675
- Unit Type Type 1: 1 Bed/1 Bath
- Unit Type Units Total 1: 4
Rental
Rental Information
- Pets Allowed: Yes
Property History for 324 7th Street South
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 324 7th Street South
Taxable ValueLand-Additions-Total-
Tax Record2023$11,121 ($927 / month)
Home Facts
Baths4Total Finished SqFt2,368 SqFtAbove Grade Finished SqFt2,368 SqFtStories2Lot Size2,470 SqFtStyleQuadraplexYear Built1920Year Renovated1977CountyPINELLASAPN19-31-17-74466-062-0082
Schools near 324 7th Street South
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Campbell Park Elementary School PublicPK to 5 | ||
John Hopkins Middle School Public6 to 8 | ||
St. Petersburg High School Public9 to 12 | ||
St. Petersburg Collegiate Stem High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/19/2024 03:11 AM
