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255 6TH AVENUE N

Commercial For Sale
$1,200,000

BTC: 18.41055539

ETH: 630.70260270

38 days
0 room(s)
3,234 sqft

Overview

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.

Location

Florida • ST PETERSBURG • 33701 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1925
Lot:
0.08 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$371
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$12,134
2025
All facts and features

  • Flooring

    • Laminate

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

  • Lot

    • Lot: 0.08 Acres

    Other Property Information

    • Parcel Number: 183117468540020101

    • Zoning: MULTI-FAM

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $12,135

  • Source details

    • MLS ID: TB8522549

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Pillar/Post/Pier

    • Living Area: 3234

    • Water Source: Public

    • Lot Size Dimensions: 55 x 64

    • Subdivision Name: KINYONS H H ADD

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33701
248
median $1.2M
Active
Same city
ST PETERSBURG
2,530
median $449K
Active
Same type
Commercial
70
median $909K
Active
Similar price
$840K – $1.6M
340
median $1.1M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SUNSHINEAGLE LLC