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Active - Multi Family for sale
255 6TH AVENUE N, St. Petersburg, FL
Facts & features
Why you’ll love it
One of Downtown St. Petersburg's rarest income opportunities — a historic 1925 six-unit wood-frame building nestled steps from the coveted Historic Old Northeast neighborhood in Flood Zone X. The two-story building offers 5 one-bedroom/one-bath units plus an efficiency, all individually metered for electric. A 2021 roof replacement is already complete. Current rents are significantly below appraiser-concluded market value, presenting immediate income upside through stabilization. Grandfathered six-unit density under NT-2 zoning protects a use that simply cannot be replicated with new construction in this submarket. Value-add investors will find a compelling rent-up story, strong tenant demand, and a premium location that commands quality tenants with minimal concessions. A true value-add opportunity in a market that rarely offers one.
Listings courtesy of SUNSHINEAGLE LLC as distributed by MLS GRID.
Listed by: Dave Masi • masisells@gmail.com • SUNSHINEAGLE LLC
Co-listed by: SUNSHINEAGLE LLC
Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8522549
Based on info available as of Nov 14, 2026 at 2:01 PM EST.
Come see by yourself
Affordability
$7,079/mo
- Mortgage$6,068
- Property tax$1,011
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$24,000 Credit back
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Travel times
About Kinyons H H Add
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. 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.
Make a winning offer, and get up to
$24,000 Credit back
