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1233 Oak St NE 8 Unit Apartment Building $1,499,999 ($187,500/Unit) Saint Petersburg, FL 33701



Investment Highlights
- TIMELESS MEDITERRANEAN 8 UNIT MULTIFAMILY INCOME PROPERTY IN OLD NORTHEAST.
- Vintage hardwood flooring
- Onsite coin laundry
- New roof installed 2025
- Separately metered electricity
- Detached Garage
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$128,926
|
$25.83
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$128,926
|
$25.83
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $128,926 |
| Annual Per SF | $25.83 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $128,926 |
| Annual Per SF | $25.83 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
| Price | $1,499,999 | Building Class | C |
| Price Per Unit | $187,500 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 4,992 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Low-Rise |
| Price | $1,499,999 |
| Price Per Unit | $187,500 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,992 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1925 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Hardwood Floors
- Refrigerator
- Sprinkler System
- Range
- Breakfast Nook
- Window Coverings
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,422 | 625 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 18-31-17-05274-001-0060 | Improvements Assessment | $490,532 |
| Land Assessment | $699,468 | Total Assessment | $1,190,000 |
Property Taxes
Parcel Number
18-31-17-05274-001-0060
Land Assessment
$699,468
Improvements Assessment
$490,532
Total Assessment
$1,190,000
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Contact the Sale Advisor
1233 Oak St NE
