5,028 SqFt
5,028 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,028 sqft
Price per Sqft $395
Subdivision Fraze Acres
MLS Listing ID TB8457636
Construction Status Completed
HOA Y/N No
Year Built 1958
Annual Tax Amount $25,553
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 120x138
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
All major capital improvements have already been completed, significantly reducing future maintenance exposure. Updates include new roofs on all buildings, updated windows, individual HVAC systems, added insulation for improved energy efficiency and pest prevention, and in-unit washers and dryers throughout. Exterior improvements enhance long-term value and tenant appeal, featuring upgraded landscaping, new fencing, fresh exterior paint, and a dedicated bike rack for residents.
Each unit has been thoughtfully renovated with consistency and quality in mind. Kitchens showcase shaker-style cabinetry, granite countertops, and stainless steel refrigerators and stoves. Bathrooms have been fully updated with modern tilework, vanities, fixtures, and hardware. Additional interior upgrades include new baseboards and crown molding across all units, reflecting a high standard of finish rarely found in comparable properties.
Located outside of a flood zone, this asset offers additional peace of mind for long-term ownership. Its central St. Petersburg location provides easy access to schools, shopping, dining, entertainment, public transportation, and major thoroughfares, further supporting strong tenant demand.
This is an exceptional opportunity for investors seeking a stabilized, professionally updated multifamily property with immediate income and minimal deferred maintenance in one of Tampa Bay's most desirable rental markets.
Location
State FL
County Pinellas
Community Fraze Acres
Area 33709 - St Pete/Kenneth City
Zoning RM-15
Direction N
Interior
Heating Electric
Cooling Mini-Split Unit(s)
Flooring Terrazzo
Appliance Refrigerator
Exterior
Parking Features Parking Spaces - 6 to 12, Common
Utilities Available BB/HS Internet Capable, Electricity Available, Public, Water Connected
Roof Type Shingle
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Construction Status Completed
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
