Active

$850,000

Features:
  • 20 Bedrooms
  • 20 Bathrooms
  • 2520 sq ft
Overview
  • ID: MFRTB8538684
  • Bedrooms: 20
  • Bathrooms: 20
  • Size: 2520 sq ft
Property Details
Remarks
2440 9th Ave S presents an opportunity to acquire a 10-unit multifamily property in South St. Petersburg. The asset consists of a two-story apartment building constructed in 1925 and is positioned within a residential area that offers convenient access to Downtown St. Petersburg, Interstate 275, employment centers, retail amenities, dining destinations, and regional transportation routes. The property's location supports tenant accessibility to major commercial districts throughout Pinellas County while maintaining proximity to neighborhood services and daily conveniences. The building contains 10 apartment units and is situated on approximately 0.16 acres. The property's historic construction and residential zoning provide a foundation for investors seeking income-producing multifamily housing within an established urban submarket. St. Petersburg continues to benefit from a diverse economic base supported by healthcare, tourism, professional services, education, and technology employers, contributing to sustained residential demand throughout the market. The offering is marketed as an investment opportunity and is located within a designated Opportunity Zone, which may provide potential tax advantages for qualifying investments. The property's central location, established residential setting, and access to major transportation corridors position it within a market that serves both local workforce and regional housing demand. Investors have the opportunity to acquire a multifamily asset with an existing unit count in a market characterized by continued redevelopment activity and long-term residential growth.
Financial Considerations
Price:
$850,000
HOA Fee:
N/A
Tax Amount:
$5152.85
Price per SqFt:
$337.3
Tax Legal Description:
PRATHER'S SIXTH ROYAL LOT 13
Exterior Features
Lot Size:
3354
Lot Features:
City Limits, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
20
Bathrooms:
20
Heating:
Central
Cooling:
Mini-Split Unit(s)
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Range, Washer
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1925
Construction Type:
Wood Siding
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard
Additional Features 2:
N/A
Map
  • Address
    2440 9TH AVE S
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