255 6TH AVENUE N, ST PETERSBURG, FL 33701

Description of 255 6TH AVENUE N, ST PETERSBURG, FL 33701

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.

Property Details for 255 6TH AVENUE N, ST PETERSBURG, FL 33701

Appliances

Dishwasher

Flooring

Laminate

Heating

Wall Units / Window Unit

Cooling

Wall/Window Unit(s)

Building Information for 255 6TH AVENUE N, ST PETERSBURG, FL 33701

Building Area Total

3345

Building Area Units

Square Feet

Stories Total

2

Property Information for 255 6TH AVENUE N, ST PETERSBURG, FL 33701

Lot Size Square Feet

3,494

Waterfront

No

View

No

Construction Materials

Wood Frame

Roof

Shingle

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 255 6TH AVENUE N, ST PETERSBURG, FL 33701

Parcel Number

183117468540020101

Tax Annual Amount

$12,135

Tax Year

2025

Tax Legal Description

KINYON'S, H.H. ADD BLK B, S 1/2 OF LOT 10

Zoning

MULTI-FAM

County Or Parish

Pinellas

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