Harshad Phadke
REALTOR®
BEDS5
BATHS
SQUARE FEET5,143
MLS#TB8443916
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWILDWOOD
Property Description
SELLERS MOTIVATED-HOME WARRANTIES OFFERED ON EXSISTING UNITS-NO FLOOD ZONE | CASH-FLOWING MULTIFAMILY | ALL UNITS OCCUPIED | DEVELOPMENT APPROVED - Incredible MULTIFAMILY INVESTMENT OPPORTUNITY IN ST. PETERSBURG, FL spanning APPROXIMATELY 3.5 CORNER LOTS and including FOUR RENOVATED INCOME-PRODUCING UNITS ACROSS THREE STRUCTURES, plus a SEPARATE DEVELOPMENT PARCEL allowing investors to COLLECT RENT WHILE YOU BUILD; existing occupied units include 2728 14TH AVE S (3-BEDROOM / 2-BATH SINGLE-FAMILY HOME), 2722 14TH AVE S (2-BEDROOM / 2-BATH SINGLE-FAMILY HOME), and 2722 14TH AVE S UNITS A & B (TWO REMODELED STUDIO APARTMENTS), all FULLY RENOVATED IN 2022 WITH NEW ROOFS, UPDATED KITCHENS, FLOORING, DOORS, TRIM, AND PAINT, plus NEW LANDSCAPING IN 2025, while the additional parcel at 1416 28TH AVE S consists of a FORMER 5-UNIT BUILDING DEMOLISHED WITH PERMITS (INCLUDING ASBESTOS REMOVAL) and the entire property has been REZONED AND APPROVED FOR UP TO 13 TOTAL UNITS, creating a RARE VALUE-ADD AND DEVELOPMENT OPPORTUNITY in a HIGH-DEMAND RENTAL AREA just MINUTES FROM CENTRAL AVENUE, DOWNTOWN ST. PETE, THE WAREHOUSE ARTS DISTRICT, THE TROPICANA FIELD REDEVELOPMENT AREA, I-275, AND GULF BEACHES, surrounded by NEW CONSTRUCTION AND THRIVING LOCAL BUSINESSES, offering IMMEDIATE CASH FLOW, STRONG UPSIDE, AND LONG-TERM APPRECIATION POTENTIAL.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.44 Acres
Roof Type: Shingle
Taxes: $16,692
Year Built: 1926
Amenities
Ceiling Fans(s)
Open Floorplan
Window Treatments
Other
Private Mailbox
Feature Descriptions
Annual Net Income: 92400.00
Days on Site: 158
Directions: Follow I-275 Exp SB/I-275 S toward Bradenton8.5 mi, about 7 minKeep right at Interstate Highway 275 S/I-275 S toward Bradenton1.6 mi, about 1 minTake exit 21 on the right onto 28th St Sabout 0.2 mi, less than 1 minTurn left onto 28th St Sabout 0.4 mi, les
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot Dimensions: 0.44
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Units: 4
Utilities: Public
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: REAL BROKER, LLC
Agency Contact: 855-450-0442
Shown By
Agent Name: Harshad Phadke
Agent Phone: (347) 393-1729
Agency Title: RealtyMark
Estimate Your Payment
Estimated Payment
$ 4,640.50 per month $2,872.98 Principal & Interest $1,391.00 Property Tax $376.51 Homeowner's InsuranceChange Payment Information
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2722 14th Avenue S | MLS# TB8443916
This multi-family property located at 2722 14th Avenue S, Saint Petersburg, FL 33712 is currently listed for sale with an asking price of $1,290,900. Search Saint Petersburg real estate on harshadphadke.realtymark.net today.