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EXIT REALTY 4CORNERS

exitrealty4corners@gmail.com +1(863) 344-3948

$ 11,400,000

Est. payment | -/mo

49,895 SqFt

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$ 11,400,000

Est. payment | -/mo

Save Virtual Tour

49,895 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 49,895 sqft

Price per Sqft $228

Subdivision Childs Park

MLS Listing ID O6448025

Construction Status Completed

HOA Y/N No

Year Built 2025

Annual Tax Amount $139,738

Lot Size 1.950 Acres

Acres 1.95

Lot Dimensions 167x186.66

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

New 2025 construction 29-unit rental portfolio in South St. Petersburg, offered as a package or individually. Four properties within a 2 mile radius: 3430 19th Ave S (11 units, 6 buildings, built 2025), 3451 19th Ave S (9 units, 5 buildings, built 2025), 301 to 329 49th St S (5 units, 3 buildings, built 2021) and 1519 to 1529 22nd St S (4 units, 2 buildings, built 2021). 13 two story duplex buildings and 3 single family residences, all 3 bedroom plans; duplex units are 3 bed / 2.5 bath townhome style plans of approximately 1,604 SF with great room and kitchen down, 3 bedrooms up, in unit laundry connections, individual central air and off street parking. Concrete block construction with stucco (frame with stucco at 49th St S), shingle and tile roofs, impact-rated windows at the 19th Ave S properties. 100% leased; 22 of 29 units are under Housing Choice Voucher contracts with the St. Petersburg and Pinellas County housing authorities and roughly 63% of scheduled rent is paid directly by the authorities each month; 7 units lease at market rate. Scheduled rent $975,228 per year ($81,269 per month). Tenants pay electric and water (owner pays water at 22nd St S only); ownership carries taxes, insurance and lawn care. No deferred maintenance, no capital program. 19th Ave S pair is 1 block from 34th St S (US 19), 2 miles from the Historic Gas Plant District redevelopment and 3.5 miles from downtown St. Petersburg. Offering memorandum, rent rolls and housing assistance documentation available upon execution of a non disclosure agreement. Pricing: entire portfolio $11,400,000; 19th Ave S pair $7,800,000; 3430 19th Ave S $4,316,000; 3451 19th Ave S $3,484,000; 49th St S $2,200,000; 22nd St S $1,400,000. Do not disturb residents; no signage at the properties.

Location

State FL

County Pinellas

Community Childs Park

Area 33711 - St Pete/Gulfport

Zoning NT-2

Direction S

Interior

Heating Central, Electric, Heat Pump

Cooling Central Air

Flooring Carpet, Ceramic Tile

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Parking Features Curb Parking, Ground Level, Over 30 Spaces

Utilities Available BB/HS Internet Capable, Electricity Available, Public, Water Connected

View Y/N No

Water Access No

Roof Type Shingle,Tile

Exposure North

Building

Lot Description City Limits, Landscaped, Near Public Transit, Neighbourhood, Sidewalk, Street Lights, Paved

Story 2

Entry Level Two

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Stucco,Frame

New Construction true

Construction Status Completed

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing, Trade

Listing Terms Cash, Commercial Financing, Trade

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6448025

Listed by Brad Kuskin COMPASS FLORIDA LLC

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(863) 344-3948

exitrealty4corners@gmail.com

49503 Hwy 27 Suite B, Davenport, Fl 33897, United States

3430 19TH AVE S St Petersburg, FL 33711

EXIT REALTY 4CORNERS

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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3430 19TH AVE S