Listed price in listed location currency (USD).
$1,200,000

000

MLS® TB8522549

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 3234 sqft
Garage 
Taxes $12,135
Days Active 0
Lot Size 0.08 Acres
Approx. Age 1925
Avg. Price Per Sqft $371
MLS® Number TB8522549

Property Address: 255 6th Ave N, St Petersburg, FL, 33701-2477

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberTB8522549
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
Driveway
Garage Spaces
HeatDuctless
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 24, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
255 6Th Ave N, St Petersburg, FL

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