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340 78TH AVENUE

Commercial For Sale
$1,299,000

BTC: 21.65000000

ETH: 838.06451613

61 days
0 room(s)
2,647 sqft

Overview

5-Unit Multifamily Near St. Pete Beach – Fully Renovated 2025 Income-producing 5-unit multifamily property located just minutes from St. Pete Beach. Ideal for investors seeking income in a high-demand coastal market. Fully renovated and completed in May 2025, this property offers updated interiors and improved overall condition, providing a turnkey opportunity. Property features five separate units with flexible layouts suitable for long-term or short-term vacation use (buyer to verify local regulations). Strong tourism and rental demand in the surrounding area provide potential for consistent occupancy. Conveniently located near beaches, dining, shopping, and major access routes to downtown St. Petersburg and surrounding Gulf Coast destinations. Community amenities include a pool and fitness center, enhancing tenant and guest appeal. Additional highlights include on-site parking and potential for continued value appreciation. Suitable for a range of investment strategies. Buyer to verify all measurements, zoning, and rental restrictions.

Location

Details

Type:
Commercial Sale
Parking:
None / Shared Parking
Year Built:
1948
Lot:
0.16 Acres
Heating:
Central / Wall Units / Window Unit
Price/sqft:
$491
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$650,000
$405K – $1.1M
Confidence Low
List vs. estimate
$649K above estimate
List $1,299,000 · +99.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$490
-14.2% vs. city median $571
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,889
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    • Wall Units / Window Unit

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Appliances

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

  • Parking

    • None

    • Shared Parking

    Property

    • Levels: One

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 363115779942250150

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Utility

    • BB/HS Internet Capable

    • Electricity Available

    • Phone Available

    • Sewer Nearby

    • Underground Utilities

    • Water Connected

  • Other financial information

    • Annual tax amount: $8,889

  • Source details

    • MLS ID: A4691214

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Lot Features: Flood Insurance Required / FloodZone / City Lot / Interior Lot / Landscaped / Neighbourhood / Sidewalk

    • Window Features: Display Window(s) / Double Pane Windows

    • Direction Faces: South

    • Living Area: 2647

    • Water Source: Public

    • Lot Size Dimensions: 50 x 142

    • Subdivision Name: ST PETERSBURG BEACH REP

Private inquiry
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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: KW SUNCOAST