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Historic Round Lake Portfolio 8 Properties Offered at $11,236,929 CAD in Multiple Locations



INVESTMENT HIGHLIGHTS
- downtown location
- fully leased
- several contiguous lots
- neighborhood living
- professionally managed
- recent upgrades
EXECUTIVE SUMMARY
8 separate parcels:
35 apartments, 2 single family homes (zoned for retail), 3 lake front commercial spaces with anchor tenant.
These properties are densely packed and strategically located near downtown St. Petersburg and (*one property is in Tampa, Florida: 2319/1416).
No flood or hurricane damage! No flood insurance needed.
Apartments range from studio to 3BR apartments, all professionally managed, maintained, and fully leased with room to expand to market rates.
Each property offers the tranquility of neighborhood living with the convenience of all that a burgeoning downtown area affords for work and play. For getting around town, residents have the luxury of easy interstate access, free trolley rides to the beach, boat
ferry service across the bay, bike along the Pinellas Trail, or simply walking to grab that local coffee.
Notable area attractions like the Dali Museum and the recently renovated St. Pete Pier, continue to foster this area’s robust population growth. Job growth continues with the expansion of USF’s bayboro campus and several local hospitals.
The professional management/maintenance team is available to stay in place during ownership transition and even has a waiting list of tenants.
35 apartments, 2 single family homes (zoned for retail), 3 lake front commercial spaces with anchor tenant.
These properties are densely packed and strategically located near downtown St. Petersburg and (*one property is in Tampa, Florida: 2319/1416).
No flood or hurricane damage! No flood insurance needed.
Apartments range from studio to 3BR apartments, all professionally managed, maintained, and fully leased with room to expand to market rates.
Each property offers the tranquility of neighborhood living with the convenience of all that a burgeoning downtown area affords for work and play. For getting around town, residents have the luxury of easy interstate access, free trolley rides to the beach, boat
ferry service across the bay, bike along the Pinellas Trail, or simply walking to grab that local coffee.
Notable area attractions like the Dali Museum and the recently renovated St. Pete Pier, continue to foster this area’s robust population growth. Job growth continues with the expansion of USF’s bayboro campus and several local hospitals.
The professional management/maintenance team is available to stay in place during ownership transition and even has a waiting list of tenants.
TAXES & OPERATING EXPENSES (PRO FORMA - 2026) Click Here to Access |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $11,236,929 CAD | Status | Active |
| Price / SF | $392.45 CAD / SF | Number of Properties | 8 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.02% | Total Building Size | 28,633 SF |
| Sale Type | Investment | Total Land Area | 0.74 AC |
| Price | $11,236,929 CAD |
| Price / SF | $392.45 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.02% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 28,633 SF |
| Total Land Area | 0.74 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 717 Dartmoor St N, Saint Petersburg, FL 33701 | Multifamily | 5,800 SF | 1920 | - |
| 700 5th St N, Saint Petersburg, FL 33701 | Multifamily | 4,860 SF | 1910 | - |
| 712 7th St N, Saint Petersburg, FL 33701 | Multifamily | 2,751 SF | 1925 | - |
| 445 7th Ave N, Saint Petersburg, FL 33701 | Multifamily | 2,413 SF | 1953 | - |
| 495-499 7th Ave, Saint Petersburg, FL 33701 | Retail | 6,500 SF | 1939 | - |
| 493 7th Ave N, Saint Petersburg, FL 33701 | Retail | 1,700 SF | 1920 | - |
| 2319 W Texas Ave, Tampa, FL 33629 | Multifamily | 2,397 SF | 1925 | - |
| 1416 S Lorenzo Ave, Tampa, FL 33629 | Multifamily | 2,212 SF | 1942 | - |
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Historic Round Lake Portfolio
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