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Investment Highlights

  • Renovated in 2015
  • Accessible to community retail and downtown St Petersburg
  • 3 Swimming Pools, Clubhouse, Fitness Center, Business Center, Picnic Areas, Grilling Areas, Laundry Facilities and Onsite Leasing

Executive Summary

This is a Bankruptcy Auction - the Bid Deadline is August 21 and the Auction is September 4. The recommended Minimum Overbid is $42,100,000.

Property Facts

Sale Type Investment
Sale Condition Distress Sale
No. Units 304
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 21.72 AC
Building Size 315,450 SF
Average Occupancy 28%
No. Stories 3
Year Built/Renovated 1972/2015
Parking Ratio 1.58/1,000 SF
Zoning RM12/15, St Pete - Residential Multi Family

Amenities

Unit Amenities

  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Storage Space
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Vaulted Ceiling
  • Walk-In Closets
  • Wi-Fi
  • Window Coverings

Site Amenities

  • Business Center
  • Clubhouse
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Property Manager on Site
  • Breakfast/Coffee Concierge
  • Cabana
  • Recycling
  • Storage Space
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 144 - 663 - 1,060
2+2 130 - 1,062 - 1,302
3+2 30 - 1,530 - 1,731
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
11-32-16-49167-000-0010
Land Assessment
$7,052,895
Improvements Assessment
$31,447,105
Total Assessment
$38,500,000
  • Listing ID: 41489833

  • Date on Market: 7/30/2026

  • Last Updated:

  • Address: 5473 27th St S, Saint Petersburg, FL 33712

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