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6 Studios + House + Ground Floor Retail 2 Retail Properties Offered at $3,499,000 in Saint Petersburg, FL



Investment Highlights
- downtown location
- turnkey
- anchor tenants
- lake views
Executive Summary
715 5th St N (aka: 495, 497, 499 7th Ave N) St. Petersburg, FL 33701... (6 apartments + ground floor retail) This historic 7,114 sq ft building (1928-era) with charming lake views and features six fully renovated studio apartments above prime street-level retail/amenity space (3,084sf of retail space)—delivering boutique character, turnkey income potential and lifestyle appeal. Private off street parking lot that offers spaces for sixteen vehicles. Each studio apartment is 500sf. Fully renovated with particular care in maintaining the character and charm of this nearly 100 year old asset. This is the cornerstone of the neighborhood and the ground floor businesses offer everything the community needs, from coffee to cocktails and everything in between. Recent structural improvements to the rear of the building have been completed and certified by the city.
493 7th Ave N St Petersburg, FL 33701...(2 story SFR) Stylish 3 BR/3.5 BA with a cozy front porch and beautiful views of Round Lake. The living space is 1,704sf. The property features a spacious layout with down and upstairs private patio/balcony and park views. This property is zoned NT-4—ideal for an owner-occupant or investor to make this an additional business (with city approval).
493 7th Ave N St Petersburg, FL 33701...(2 story SFR) Stylish 3 BR/3.5 BA with a cozy front porch and beautiful views of Round Lake. The living space is 1,704sf. The property features a spacious layout with down and upstairs private patio/balcony and park views. This property is zoned NT-4—ideal for an owner-occupant or investor to make this an additional business (with city approval).
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $3,499,000 | Number of Properties | 2 |
| Price / SF | $426.71 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 8,200 SF |
| Status | Active | Total Land Area | 0.29 AC |
| Price | $3,499,000 |
| Price / SF | $426.71 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,200 SF |
| Total Land Area | 0.29 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 495-499 7th Ave, Saint Petersburg, FL 33701 | Retail | 6,500 SF | 1939 | - |
| 493 7th Ave N, Saint Petersburg, FL 33701 | Retail | 1,700 SF | 1920 | - |
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