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Property Description

Welcome to The Urban Standard! The property estimates a Net Operating Income (NOI) of $60,884 for 2024, with a CAP rate of 5.2%, making it the best buy on the market. With diverse rental options, plus located in unincorporated Pinellas County, this property experiences very low vacancy. The property consists of two buildings: a five unit at the front and a quadruplex at the back. Some units share electrical meters, while there is one shared water meter. The rear building was built in 1940 and sits on slab foundation with block construction. The property features a mixture of short term, mid term and long term leases. Ideally situated near bus lines, shopping, restaurants, and entertainment in the heart of St. Petersburg, this three-income-producing property in Pinellas County has endless value-add opportunities!

Features
Wall Units / Window Unit
Wall/window Unit(s)
Microwave, Refrigerator, Range
Other, Storage, Courtyard
Other, Ceiling Fan(s)
No
Shingle
Public Sewer
Public
Address Map
FL
Pinellas
ST PETERSBURG
33714
3365 57TH AVENUE N
0
W83° 19' 15.9''
N27° 49' 26.6''
Get on I-175 W, Head south on 4th St S toward Delmar Terr S. Use the right lane to merge onto I-175 W via the ramp to I-275. Take I-275 N to 54th Ave N in Lealman. Take exit 26B from I-275 N. Continue on 54th Ave N. Drive to 57th Ave N. Turn left onto 57th Ave N. Property will be on your Right.
ARCADIAN HEIGHTS
Additional Info
ENGEL & VOLKERS ST. PETE
Kim Meredith-Hampton
Stucco, Other
0
Lealman Avenue Elementary-PN
Pillar/post/pier
Northeast High-PN
261015298
260032666
Cash, Conventional, Fha, Va Loan, Other
Meadowlawn Middle-pn
9
No
$19,022
2024
Public
R-4
01/29/2025 15:33:56
$0

3365 57TH AVENUE N, ST PETERSBURG, Florida 33714

3365 57TH AVENUE N, ST PETERSBURG, Florida 33714

3,800 Sqft
$1,175,000
Listing ID #TB8339945
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : TB8339945
Price : $1,175,000
Square Footage : 3,800 Sqft
Year Built : 1925
Lot Area : 6,390 Sqft
Standard Status : Active
Building Area : 4,350 Sqft
MLS Status : Active
Property Type : Multi Family
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