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548 3rd Street N, ST PETERSBURG, FL 33701
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548 3rd Street N
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Would you like to sell your home before you purchase this one?
Priced at Only: $1,275,000
For more Information Call:
Address: 548 3rd Street N, ST PETERSBURG, FL 33701
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More Like This
  • MLS#: TB8366139 ( Residential Income )
  • Street Address: 548 3rd Street N
  • Viewed: 11
  • Price: $1,275,000
  • Price sqft: $271
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 4702
  • Bedrooms: 4
  • Total Baths: 6
  • Garage / Parking Spaces: 2
  • Days On Market: 7
  • Additional Information
  • Geolocation: 27.7782 / -82.6376
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33701
  • Subdivision: Thorntons Add
  • Elementary School: North Shore Elementary PN
  • Middle School: John Hopkins Middle PN
  • High School: St. Petersburg High PN
  • Provided by: SEXAUER REAL ESTATE INTL.
  • Contact: Steve Sexauer
  • 727-641-3644
  • mfrmls
  • DMCA Notice
  • Description
    This prime 6 unit multifamily property in St. Petersburgs highly sought after Old Northeast the neighborhood offers an exceptional opportunity for investors and owner operators alike. Located at 548 3rd St N,a couple of blocks from downtown, this property provides a rare chance to either maximize rental income with current below market rents or explore future redevelopment potential as this property is twice the size of a regular lot, .215 acres to be exact, just shy of a quarter acre! The property consists of four spacious one bedroom units and two well designed studio apartments. The property is located in a non flood zone, meaning no costly flood insurance is required. The landlord covers the water, sewer, and garbage. All tenants pay their electric bills, one tenant has electricity included in their rent as they share the power with the common electric for the property lights, etc. Additional revenue streams include a coin operated laundry facility with a full size washer and dryer. Parking is plentiful, with two garages and four dedicated off street parking spots. There is alsoan additional storage area that could be leased. This investment is ideallylocated in Old Northeast, one of St. Petes most desirable and historic neighborhoods. Tenants will appreciate being within walking distance of the vibrant downtown district, where they can enjoy a variety of restaurants, entertainment, and nightlife. The scenic St. Pete Pier is nearby, offering waterfront dining, museums, and events. North Shore Park and The Community Center provides access to tennis courts, green spaces, and beachside recreation, while the 4th Street Corridor is home to an array of shops, cafes, and conveniences. With strong rental demand and limited multifamily inventory in the area, this property presents a tremendous opportunity for immediate cash flow and long term appreciation. Dont miss the chance to own a valuable investment in one of St. Petersburgs most dynamic and walkable locations. Schedule a private tour today and explore the possibilities this multifamily gem has to offer.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Courtyard
  • Flooring: Ceramic Tile, Other
  • Living Area: 3453.00
  • Other Structures: Storage, Workshop
  • Roof: Shingle
Land Information
  • Lot Features: Historic District, Near Public Transit, Oversized Lot, Sidewalk, Street Brick
School Information
  • High School: St. Petersburg High-PN
  • Middle School: John Hopkins Middle-PN
  • School Elementary: North Shore Elementary-PN
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned, Deeded, Driveway, Off Street, On Street, Workshop in Garage
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Reverse Cycle
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Dryer, Refrigerator, Washer
  • Country: US
  • Interior Features: High Ceilings
  • Legal Description: THORNTON'S ADD BLK'S B & C REP BLK C, S 47FT OF N 87FT OF LOTS 1 & 2 & E 5.50 FT OF N 44FT OF LOT 3 & S 83 FT OF E 50 FT OF LOT 3
  • Area Major: 33701 - St Pete
  • Parcel Number: 18-31-17-90576-003-0010
  • Possession: Close Of Escrow
  • Views: 11
  • Zoning Code: MULTI FAM
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Nearby Subdivisions
Bay Front Sub   Bay Shore Rev   Bayboro   Cashwells 2nd Sub   East View Add   Glovers Thos   Ingram Place   Nicholsons J W Sub   Park View Rev Map   Plunkets Elijah B   Robinson Court   Snell Hamletts North Shore Ad   Thorntons Add