6 months on rocket

1405 7th Ave N, Saint Petersburg, FL, 33705

$979,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
1,656 SqFt
$591/SqFt
House

Location

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1405 7th Ave N, Saint Petersburg$979,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1928
HeatingElectric
CoolingCentral Air, Wall/Window Unit(s)
MLS #U8245876
Lot Size0.05 Acres
StatusActive

About 1405 7th Ave N

Charming 4-Unit Multi-Family Property in Uptown St. Pete Producing $6,082 monthly. Step into a prime investment opportunity with this meticulously renovated 2-story multi-family property in the sought-after Uptown neighborhood of St. Petersburg. This charming building blends historic elegance with modern amenities. Fully leased and generating $6,082 monthly, it promises consistent cash flow and long-term appreciation potential. This property offers an excellent ROI with potential for rent increases. As a turnkey investment, all four units are fully renovated with modern finishes, ensuring minimal immediate capital expenditure. Each unit has its own electric meter, simplifying management and making utility costs predictable. Located just minutes from Downtown St. Pete’s vibrant dining, shopping, and entertainment, the neighborhood boasts high rental demand, ensuring low vacancy rates and stable income. Unit 1 is a 1-bedroom, 1-bathroom unit renting for $1,700 per month with 9 months remaining on the lease. Unit 2, on the second floor, is a studio with a separate kitchen and private bathroom, currently renting for $1,507 per month, with an expected renewal at $1,600 per month. Unit 3, also on the second floor, is a studio with a private bathroom, renting for $1,600 per month with 8 months remaining. Unit 4 is a ground-floor studio with a full kitchen and private bathroom, renting for $1,275 per month, also with 8 months remaining. With individual electric meters and modern amenities, property management is streamlined. St. Pete’s growing real estate market promises value appreciation, making this property an attractive long-term investment. Financially, the property an annual gross income of $72,984. With anticipated rent adjustments, the annual income can increase further, enhancing the investment’s profitability. All financial details and lease information provided are accurate as of the listing date. Prospective buyers are encouraged to verify all details and conduct thorough due diligence. Seize this lucrative investment opportunity today and secure your stake in St. Pete’s thriving real estate market!!!

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Stories: 2
  • Living Area: 1,656 SqFt

Listing Office:

  • Office Name: 3 POINT REAL ESTATE SOLUTION
  • Office Phone: (727) 743-8541
  • Listing Agent: Giancarlo Gonzalez

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Flooring Type: Luxury Vinyl
  • Interior: Ceiling Fans(s), Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awning(s), Balcony, Dog Run, Lighting, Private Mailbox, Sidewalk

Virtual/3D Tour

  • Virtual Tour: 1405 7th Ave N
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Head west on Talmadge Gardens Rd toward Green Ln 0.3 mi Slight right onto FL-44 W/E New York Ave 2.3 mi Turn right onto N Delaware Ave 0.2 mi Turn left onto W Church St Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $979,000
  • Price Per SqFt: $591/SqFt

Tax Information:

  • Annual Amount: $3,243
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Saint Petersburg, FL.

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Saint Petersburg, FL

City

Med. Sold Price

$432.3K

Med. Price/SqFt

$340

Avg. Days On Market

54

# of Sold Homes

307

1405 7th Ave N vs Saint Petersburg

186 DAYS ON ROCKET

+132 Days

$979,000

+$546.6K More

$591/SqFt

+$251 More

KEY TAKEAWAY

This property is $546.6K more than the Median Sold Price and $251/SqFt more than other homes in Saint Petersburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #U8245876

Listing Office:

  • Office Name: 3 POINT REAL ESTATE SOLUTION
  • Office Phone: (727) 743-8541
  • Listing Agent: Giancarlo Gonzalez

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:19:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 19, 2019Home Sold
$205,000
Jun 06, 2011Home Sold
$90,000
Feb 15, 2006Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,243$151,623
2019$2,449$113,631
2018$2,314$106,604
2017$1,763$80,093

History based on county public records data.

Payment Calculator

$4,954

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,002

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4552200
2
/10

  • Woodlawn Elementary

  • 1600 16th St N

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-4552201
4
/10

  • Campbell Park Elementary

  • 1051 7th Ave S

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-4552202
4
/10

  • Melrose Elementary

  • 1752 13th Ave S

  • 1.54 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,519. Most Saint Petersburg, FL residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1405 7th Ave N

What is the listing price of this property?

The listing price of 1405 7th Ave N property is $979,000.

What type of property is this?

The property 1405 7th Ave N is a house located in Saint Petersburg, Florida, 33705.

Is this property for sale now?

Active Listing: 1405 7th Ave N is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,243 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 19, 2019 for $205,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1405 7th Ave N has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1405 7th Ave N is 1,656 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1405 7th Ave N is 1928.

Rocket Homes›Florida›Pinellas County›Saint Petersburg›33705›1405 7th Ave N

This home is located at 1405 7th Ave N in Saint Petersburg, FL and zip code 33705 in the Historic Uptown neighborhood. This 1,656 square foot home, which was built in 1928, sits on a 0.05 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $979,000.

In November 2024 more than 26 listings in Saint Petersburg, FL were sold above the asking price. During the same period more than 59 listings were sold at asking price, while more than 222 were sold below. Between October 2024 and November 2024, Saint Petersburg, FL real estate market has seen increase in the number of listings by 14.1%. In November 2024 median list price was $432,379 and the average listing age was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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