Price Reduced 4.00%

$2,400,000 ($695.65 per sqft)

Est. Mortgage $11,978/mo *

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Price History

$2,500,000
2/1/2025

$2,400,000
3/7/2025

206 9th AVENUE NE, St. Petersburg, FL, 33701

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0 beds

1955

3,450 sqft

EXCELLENT OPPORTUNITY to acquire 10 UNITS in the heart of upscale and in-demand OLD NORTHEAST!! Positioned on an OVER-SIZED CORNER LOT just blocks north of booming Downtown St Petersburg and blocks off Beach Drive and gorgeous waterfront North Shore Park, this property benefits from extreme walkability while surrounded by classic Florida charm. Comprising 8 studios and 2 One-Bedroom apartments - ideal unit sizes for our strong rental market - the property features 11 OFF-STREET PARKING spaces and ON-SITE LAUNDRY, both of which are features that appeal to the target market for tenancy. Benefiting from FURNISHED UNITS and previous transient licensing that may allow for a return to short term rentals use, this property has a variety of potential opportunities built-in - a rarity for Old Northeast. With NO FLOOD ZONE, largely updated units separately metered for electric, a fresh paint job and a solid roof with no storm damage, this property is a Turn-Key investment in a HIGH-DEMAND location ideal for any Investor on the spectrum, from new to experienced, and may have significant REDEVELOPMENT POTENTIAL to others thanks to possible density grandfathering; clearly a rare opportunity in a top-tier location just steps away from the ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS of ST PETE! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! Pre-Contract Showings available when there are vacancies, walk-arounds welcome when there are not - contact today to schedule.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Common Area, Laundry Room

Units:

Subdivision:

BAY SHORE REV

Garage:

Covered, Off Street

Heating:

Wall Units / Window Unit

Cooling:

Wall/Window Unit(s)

Lot Size:

70 x 127

Acreage:

0.2

Est. Taxes:

$18,540

Construction

Block

Utilities

Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Lot Description:

Corner Lot, City Lot, In County, Near Marina, Near Public Transit

View Description:

City, Garden

Days on Market:

Appliances:

Dryer, Range, Refrigerator, Washer

MLS #:

TB8343555

Community Info

School Info

Walk Score

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New Listing!

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4 beds

4.5 baths

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1000 99th St, #9, Bay Harbor Islands, FL, 33154

New Listing!

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4 beds

3 baths

2,650 sqft

219 Poinciana Dr, #209, Sunny Isles Beach, FL, 33160

Listing courtesy of RE/MAX PREFERRED Phone: 727-367-3636

$2,400,000 ($695.65 per sqft)

Price History

206 9th AVENUE NE, St. Petersburg, FL, 33701

Community Info

School Info

Walk Score

Yelp

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