Active
255 6TH Ave N, St Petersburg, FL 33701
MLS TB8522549
$1,200,000
Est. $6,163/mo principal and interest at 6.65% with 20% down
0 bd · 0 ba · 3,234 sqft · Multi Family (5+)
About this property
One of Downtown St. Petersburg's rarest offerings — a historic 1925 six-unit apartment building situated steps from Historic Old Northeast in Flood Zone X. The two-story wood-frame building features 5 one-bedroom/one-bath units plus an efficiency, individually metered electric, and a 2021 roof replacement already complete. Current rents are significantly below the appraiser's concluded value and represent significant income upside with rent stabilization in gross annual potential. Grandfathered 6-unit use under NT-2 zoning protects the income-producing asset in a neighborhood where comparable new supply simply cannot be built. Value-add investors will appreciate the vacancy/rent-up story, the density efficiency, and a location that commands premium tenants with minimal concessions. A genuine value-add play in a submarket that rarely offers one. Dont miss out on the investment opportunity. Contact the listing agent for a duel portfolio marketing plan for this and 247 6th ave n.
Key facts
- Type
- Multi Family (5+)
- Size
- 3,234 sqft
- Avg. price per sqft
- $371
- Days on market
- 58
- Year built
- 1925
- Lot size
- 0.08 acres
- Annual taxes
- $12,135
- Flood zone
- X
- Heating
- Wall Units / Window Unit
- Cooling
- Wall/Window Unit(s)
- Subdivision
- KINYONS H H ADD
- Financing
- Cash
- Stories
- 2
- County
- Pinellas
- MLS number
- TB8522549
- Status
- Active
- Property address
- 255 6TH Ave N, St Petersburg, FL 33701
Features and extras
- Dishwasher
- Laminate
Property details
Interior
- Dishwasher
- Laminate
Exterior
- Wood Frame
Schools
- District
- Pinellas County School District
- Elementary
- CAMPBELL PARK ELEMENTARY SCHOOL
- Middle
- JOHN HOPKINS MIDDLE SCHOOL
- High
- ST. PETERSBURG COLLEGIATE STEM HIGH SCHOOL
School grades from FLDOE public records. District polygons and school points from NCES EDGE. Assignment is not a legal attendance guarantee. Composite scores, when present, are derived from public records and are not official FLDOE grades.
Where is this home?
Common questions
How much is 255 6TH Ave N, St Petersburg, FL 33701 listed for?
255 6TH Ave N, St Petersburg, FL 33701 in St Petersburg, FL is listed at $1,200,000 (about $6,163/mo principal and interest at 6.65% with 20% down).
How many bedrooms and bathrooms does 255 6TH Ave N, St Petersburg, FL 33701 have?
255 6TH Ave N, St Petersburg, FL 33701 has 0 bedrooms, 0 bathrooms, and 3,234 square feet.
Who can show 255 6TH Ave N, St Petersburg, FL 33701 in St Petersburg?
Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.
Listings courtesy of Stellar MLS