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1327 17th Ave N 1326 17th Ter N 4 Unit Apartment Building $1,232,570 CAD ($308,142 CAD/Unit) Saint Petersburg, FL 33704



INVESTMENT HIGHLIGHTS
- Prime location in a high-demand rental submarket
- Strong historical performance and tenant retention
- Secure a solid, turn-key asset with both immediate returns and long-term upside
- Full occupancy with consistent rental income
- Proximity to downtown St. Pete, parks, and retail corridors
EXECUTIVE SUMMARY
Exceptional Multifamily Investment Opportunity in Euclid St. Paul’s – St. Petersburg, FL
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, St. Petersburg, FL 33704, with convenient access to the northern units via 17th Terrace North.
The property features two well-maintained buildings totaling 2,288 SF, configured as four thoughtfully designed 1-bedroom units, all currently leased. The current cap rate is 6.10% as rents are at or near market, but there is potential upside with a few minor improvements to each unit.
Zoned NT-2, the site is well-suited for low-rise, garden-style multifamily investors seeking stable cash flow and long-term appreciation.
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, St. Petersburg, FL 33704, with convenient access to the northern units via 17th Terrace North.
The property features two well-maintained buildings totaling 2,288 SF, configured as four thoughtfully designed 1-bedroom units, all currently leased. The current cap rate is 6.10% as rents are at or near market, but there is potential upside with a few minor improvements to each unit.
Zoned NT-2, the site is well-suited for low-rise, garden-style multifamily investors seeking stable cash flow and long-term appreciation.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,232,570 CAD | Building Class | C |
| Price Per Unit | $308,142 CAD | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 2,288 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Garden | ||
| Zoning | NT-2 - Neighborhood Traditional Single-Family-2 district | ||
| Price | $1,232,570 CAD |
| Price Per Unit | $308,142 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,288 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | NT-2 - Neighborhood Traditional Single-Family-2 district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,147 CAD | 572 |
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PROPERTY TAXES
| Parcel Number | 13-31-16-26262-007-0030 | Total Assessment | $798,958 CAD |
| Land Assessment | $572,504 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $226,454 CAD | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
13-31-16-26262-007-0030
Land Assessment
$572,504 CAD
Improvements Assessment
$226,454 CAD
Total Assessment
$798,958 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024 Payable 2024
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1327 17th Ave N | 1326 17th Ter N
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