1326 17th Terrace N, Saint Petersburg, FL 33704
Local realty services provided by:ERA American Suncoast
Listed by: joey romanik
Office: compass florida llc.
MLS#:TB8409497
Source:MFRMLS
Price summary
- Price:$890,000
- Price per sq. ft.:$328.66
About this home
Exceptional Multifamily Investment Opportunity!
Introducing a great opportunity to acquire a fully occupied, income-producing multifamily property in one of St. Petersburg’s most desirable neighborhoods: Euclid St. Paul’s. Ideally positioned near the Historic Uptown and Crescent Lake districts, this charming 1925-built asset is located at 1327 17th Avenue North, with convenient access to the northern units via 17th Terrace North.
The property consists of two well-maintained buildings totaling 2,288 square feet, configured as four thoughtfully designed 1-bedroom units—all currently leased. With a current cap rate of 6.1%, this is a solid performer with the potential for increased returns through a few minor interior improvements.
Situated in a high-demand rental submarket, this property offers full occupancy with consistent rental income, strong historical performance, and excellent tenant retention. Classic 1920s architecture is paired with modern updates, creating a timeless appeal for residents. The location provides easy access to downtown St. Pete, nearby parks, and major retail corridors, making it an attractive option for tenants and a stable, appreciating asset for investors.
Zoned NT-2 and ideally suited for low-rise, garden-style multifamily ownership, this is a rare chance to secure a turn-key property with both immediate cash flow and long-term value in a thriving St. Petersburg neighborhood.
Contact us today to schedule a private tour!
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Home facts
- Year built:1925
- Listing ID #:TB8409497
- Added:117 day(s) ago
- Updated:November 20, 2025 at 01:18 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Living area:2,288 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s)
- Heating:Electric
Structure and exterior
- Roof:Membrane
- Year built:1925
- Building area:2,288 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:St. Petersburg High-PN
- Middle school:John Hopkins Middle-PN
- Elementary school:Woodlawn Elementary-PN
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$890,000
- Price per sq. ft.:$328.66
- Tax amount:$10,678 (2024)
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