742 7th Avenue North

St. Petersburg, FL 33701

$1,230,000
Last Sold Price
—
Beds
3,515 Sq. Ft.
$350 / Sq. Ft.
3,515
Sq. Ft.
$350
per Sq. Ft.

Description

This 8-unit turnkey apartment opportunity is located in the heart of downtown urban core district of St. Petersburg, Florida. The asset has been meticulously renovated over the last several years. Capital improvements include a new roof in October 2022, electrical upgrade to the entire property in 2020 & 2022, new kitchens in 5 of the 8 units in addition to new flooring, paint, exterior stairs, laundry equipment, fencing and exterior vinyl siding. All of these improvements make this asset a standout...This 8-unit turnkey apartment opportunity is located in the heart of downtown urban core district of St. Petersburg, Florida. The asset has been meticulously renovated over the last several years. Capital improvements include a new roof in October 2022, electrical upgrade to the entire property in 2020 & 2022, new kitchens in 5 of the 8 units in addition to new flooring, paint, exterior stairs, laundry equipment, fencing and exterior vinyl siding. All of these improvements make this asset a standout property over the competition in the area. The property consists of 3 separate buildings, an original bungalow, a large garage apartment with multiple garage bays and ample storage for supplies, and a two-story main building. 2 of the largest units have central (mini-split systems). The property offers off-street parking for 5 vehicles. Current rents are slightly below market due to the owner being a part-time resident and not pushing for maximum revenue but rather a full house scenario operation.
  1. Listed by Debbie Mueller • RADIANT ASSET MANAGEMENT INC

Property Details for 742 7th Avenue North

Subdivision Name
PLUNKETS ELIJAH B
Township
31
Waterfront
No

Location

Listing Courtesy of RADIANT ASSET MANAGEMENT INC, Debbie Mueller

Sold By RE/MAX METRO, Estelia Mesimer

Add your commute
LISTING UPDATED: 07/14/2023 03:41 PM

Property Details for 742 7th Avenue North

StatusSold
MLS #U8201782
Days on Market13
Taxes$8,428 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1915
Lot Size0.18 AC / 7,836 SF
CountyPinellas County

Location

Listing Courtesy of RADIANT ASSET MANAGEMENT INC, Debbie Mueller

Sold By RE/MAX METRO, Estelia Mesimer

Add your commute

Building Information for 742 7th Avenue North

Stories-Residences8Year Built1915Building Size-Lot Size0.18 AC / 7,836 SF

Payment Calculator

$7,415 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,713

Property Taxes

$702

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 742 7th Avenue North

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From 275, east on 22nd Ave to 9th St N ( Dr. MLK Jr St N. East on 7th Ave N to address.
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 742
  • Street Name: 7TH
  • Street Suffix: AVENUE
  • Street Direction Suffix: N
  • State: FL
  • City: ST PETERSBURG
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 0
  • Tax Book Number: H2-56
  • Tax Legal Description: PLUNKETS, ELIJAH B LOT 5
  • Tax Lot: 5
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 56x140
  • Parcel Number: 18-31-17-72288-000-0050
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 3
  • Water Access: No
  • Water Extras: No
  • Living Area: 3515
  • Lot Dimensions: 56x140
Property and Assessments
  • Year Built Numeric: 1915
  • Flood Zone Code: B & X
  • New Construction: No
  • Public Survey Range: 17
  • Public Survey Section: 18
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Balcony, Other
  • Foundation Details: Concrete Perimeter
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Mini-Split Unit(s)
  • Fireplace: No
  • Heating: Central, Other
  • Interior Features: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $87,871.00
  • Unit Count: 8
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Heated Sq Ft 1: 300
  • Unit Type Type 1: 1 Bed/1 Bath
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Heated Sq Ft 2: 330
  • Unit Type Type 2: 1 Bed/1 Bath
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Heated Sq Ft 3: 725
  • Unit Type Type 3: 1 Bed/1 Bath
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Description 4: 1.5 Baths
  • Unit Type Heated Sq Ft 4: 540
  • Unit Type Type 4: 1 Bed/1 Bath
Unit 5
  • Unit Type Baths Total 5: 1
  • Unit Type Beds Total 5: 1
  • Unit Type Heated Sq Ft 5: 275
  • Unit Type Type 5: 1 Bed/1 Bath
Unit 6
  • Unit Type Baths Total 6: 1
  • Unit Type Beds Total 6: 1
  • Unit Type Heated Sq Ft 6: 400
  • Unit Type Type 6: 1 Bed/1 Bath
Unit 7
  • Unit Type Baths Total 7: 1
  • Unit Type Beds Total 7: 1
  • Unit Type Heated Sq Ft 7: 574
  • Unit Type Type 7: Apartments
Unit 8
  • Unit Type Baths Total 8: 1
  • Unit Type Beds Total 8: 1
  • Unit Type Heated Sq Ft 8: 430
  • Unit Type Type 8: Apartments

Property History for 742 7th Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 742 7th Avenue North

Taxable ValueLand-Additions-Total-
Tax Record2023$9,234 ($769 / month)
Home Facts
Baths7Total Finished SqFt2,527 SqFtAbove Grade Finished SqFt2,527 SqFtStories2Lot Size7,836 SqFtStyleMulti-Family Res (5+ Units)Year Built1915Year Renovated1977CountyPINELLASAPN18-31-17-72288-000-0050

Schools near 742 7th Avenue North

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
North Shore Elementary School
PublicK to 5

John Hopkins Middle School
Public6 to 8

St. Petersburg High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RADIANT ASSET MANAGEMENT INC, Debbie Mueller

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 07/14/2023 03:41 PM