255 6TH AVE N, St Petersburg, FL 33701
255 6TH AVE N, St Petersburg, FL 33701
255 6TH AVE N, St Petersburg, FL 33701
20
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$1,200,000
Est. payment /mo
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3,234 SqFt
New

255 6TH AVE N St Petersburg, FL 33701

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Morgan Ellis

Morgan Ellis

+1(727) 521-7378

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 3,234 sqft

Price per Sqft $371

Subdivision Kinyons H H Add

MLS Listing ID TB8522549

HOA Y/N No

Year Built 1925

Annual Tax Amount $12,134

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 55x64

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

One of Downtown St. Petersburg's rarest offerings — a historic 1925 six-unit apartment building situated steps from Historic Old Northeast in Flood Zone X. The two-story wood-frame building features 5 one-bedroom/one-bath units plus an efficiency, individually metered electric, and a 2021 roof replacement already complete. Current rents are significantly below the appraiser's concluded value and represent significant income upside with rent stabilization in gross annual potential. Grandfathered 6-unit use under NT-2 zoning protects the income-producing asset in a neighborhood where comparable new supply simply cannot be built. Value-add investors will appreciate the vacancy/rent-up story, the density efficiency, and a location that commands premium tenants with minimal concessions. A genuine value-add play in a submarket that rarely offers one. Dont miss out on the investment opportunity. Contact the listing agent for a duel portfolio marketing plan for this and 247 6th ave n.

Location

State FL

County Pinellas

Community Kinyons H H Add

Area 33701 - St Pete

Zoning MULTI-FAM

Direction N

Interior

Heating Ductless

Cooling Wall/Window Unit(s)

Flooring Laminate

Appliance Dishwasher

Exterior

Utilities Available Public

Roof Type Shingle

Building

Story 2

Foundation Pillar/Post/Pier

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8522549

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Dave Masi SUNSHINEAGLE LLC

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Morgan Ellis

Morgan Ellis

Broker | License ID: BK3246748

+1(727) 521-7378

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255 6TH AVE N