Log In/Sign Up
Your email has been sent.
Courtyard Breeze Apartments 865 5th Ave N 22 Unit Apartment Building $3,901,052 CAD ($177,321 CAD/Unit) 5.78% Cap Rate Saint Petersburg, FL 33701
Investment Highlights
- Concrete block construction
- One block to 448-bed BayCare St. Anthony’s Hospital
- 10 block walk to vibrant downtown St. Petersburg
- Gated community with attractive courtyard
- Numerous dining, entertainment and retail options in immediate area
- 20 minutes to Pinellas County’s world-renowned Gulf Beaches
Executive Summary
A 22-unit multifamily community in St. Petersburg, Florida. 12 units recently renovated with granite countertops, new cabinetry, vinyl plank flooring, updated bathrooms and fresh paint. 20% increase in EGI achievable via completion of similar renovations to remaining 10 units. Immediate proximity to I-275 offering ease of access to Downtown Tampa, Tampa’s Westshore Business District – with more than 100,000 employees and Tampa International Airport.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $3,901,052 CAD | Building Class | C |
| Price Per Unit | $177,321 CAD | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 8,470 SF |
| Cap Rate | 5.78% | Average Occupancy | 95% |
| No. Units | 22 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.89/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R01, St. Petersburg | ||
| Price | $3,901,052 CAD |
| Price Per Unit | $177,321 CAD |
| Sale Type | Investment |
| Cap Rate | 5.78% |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 8,470 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.89/1,000 SF |
| Zoning | R01, St. Petersburg |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 22 | - | 385 |
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (84)
Property Taxes
| Parcel Number | 18-31-17-19242-000-0230 | Improvements Assessment | $1,121,566 CAD (2025) |
| Land Assessment | $952,151 CAD (2025) | Total Assessment | $2,073,717 CAD (2025) |
Property Taxes
Parcel Number
18-31-17-19242-000-0230
Land Assessment
$952,151 CAD (2025)
Improvements Assessment
$1,121,566 CAD (2025)
Total Assessment
$2,073,717 CAD (2025)
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Courtyard Breeze Apartments | 865 5th Ave N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.