Log In/Sign Up
Your email has been sent.
1668 28th Ave N 2 Unit Apartment Building Offered at $575,000 Saint Petersburg, FL 33713
INVESTMENT HIGHLIGHTS
- The real value lies in the zoning—designated Multi-Family (10 units or less), providing tremendous potential for future development or expansion.
EXECUTIVE SUMMARY
The owner dropped the price by $25,000 and is giving a $10,000 bonus for closing costs to the buyer. Exceptional multi-family opportunity! This property features two detached structures situated on a single lot. The front house offers two bedrooms, one bathroom, and a dedicated office, while the second structure is a versatile two-story, one-bedroom house with a garage downstairs. Both residences have been thoughtfully renovated with new electrical, new HVAC systems, and updates that meet all 4-point inspection standards. Located in a non-flood zone and unaffected by recent hurricanes or flooding, this property ensures peace of mind for both investors and tenants. Currently leased with strong rental history, there’s still room to increase rents and maximize cash flow. The real value lies in the zoning—designated Multi-Family (10 units or less), providing tremendous potential for future development or expansion. Whether you’re seeking a turn-key income property or a long-term investment with development upside, this is an opportunity you won’t want to miss!
PROPERTY FACTS
| Price | $575,000 | Building Size | 1,916 SF |
| Price Per Unit | $287,500 | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built/Renovated | 1924/2021 |
| Property Type | Multifamily |
| Price | $575,000 |
| Price Per Unit | $287,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 1,916 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1924/2021 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $2,250 | - |
| 1+1 | 1 | $1,800 | - |
PROPERTY TAXES
| Parcel Number | 12-31-16-69102-011-0100 | Improvements Assessment | $64,961 |
| Land Assessment | $161,070 | Total Assessment | $226,031 |
PROPERTY TAXES
Parcel Number
12-31-16-69102-011-0100
Land Assessment
$161,070
Improvements Assessment
$64,961
Total Assessment
$226,031
1 of 28
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
WNS REALTY GROUP LLC
1668 28th Ave N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.