#TB8338417, Zorka Vlasik, Listing Office: CHARLES RUTENBERG REALTY INC
$10,000
closing credit¹
206 9th Ave NE Saint Petersburg, FL 33701
Property details
About 206 9th Ave NE
EXCELLENT OPPORTUNITY to acquire 10 UNITS with TRANSIENT LICENSING in the heart of upscale and in-demand OLD NORTHEAST!! Positioned on an OVER-SIZED CORNER LOT just 2 blocks north of booming Downtown St Petersburg and 2 Blocks off Beach Drive and gorgeous waterfront North Shore Park, this property benefits from extreme walkability while surrounded by classic Florida charm. Comprising 8 studios and 2 One-Bedroom apartments - ideal unit sizes for our strong rental market - the property features 12 OFF-STREET PARKING spaces and ON-SITE LAUNDRY, both of which are features that appeal to the target market for tenancy. Benefiting from a rare TRANSIENT LICENSE and FURNISHED UNITS, this property has the flexibility to be operated on Long-Term leases for ease, Short Term Tenancy to maximize income, or a hybrid of the two - the best of both worlds! With NO FLOOD ZONE, largely updated units separately metered for electric, a fresh paint job and a solid roof with no storm damage, this property is a Turn-Key investment in a HIGH-DEMAND location ideal for any Investor on the spectrum, from new to experienced, and may have significant REDEVELOPMENT POTENTIAL to others thanks to possible density grandfathering; clearly a rare opportunity in a top-tier location just steps away from the ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS of ST PETE! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! Pre-Contract Showings available when there are vacancies, walk-arounds welcome when there are not - contact today to schedule.
Highlights
Summary
- MLS Number: TB8343555
- MLS Name: MFRMLS
- Office Name: RE/MAX PREFERRED
- Office Phone: (727) 367-3636
- Listing Agent: Adam Yore
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$2,500,000
206 9th Ave NE
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 09, 2020 | Home Sold | $1,200,000 |
Mar 15, 2017 | Home Sold | $900,000 |
Jun 10, 2013 | Home Sold | $620,000 |
Aug 01, 2005 | Home Sold | $789,000 |
Apr 04, 2002 | Home Sold | $1,000,000 |
Aug 31, 1999 | Home Sold | $179,000 |
Jul 07, 1998 | Home Sold | $155,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $935,000 | $18,567 |
2022 | $935,000 | $18,730 |
2021 | $860,000 | $18,730 |
2020 | $860,000 | $18,078 |
History based on county public records data.
Nearby schools
2
Woodlawn Elementary
Public District PK-5
1.5 mi
•1600 16th St N
5
North Shore Elementary
Public District KG-5
1.6 mi
•200 35th Ave NE
4
Campbell Park Elementary
Public District PK-5
1.6 mi
•1051 7th Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,137. Typical income of Saint Petersburg, FL residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
Similar homes for sale
This home is located at 206 9th Ave NE in Saint Petersburg, FL and zip code 33701 in the Historic Old Northeast neighborhood. This 3,450 square foot home, which was built in 1955, sits on a 0.20 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since February 1, 2025 and is currently priced at $2,500,000.
Over 42 listings were sold over their listed price in December 2024 in Saint Petersburg, FL. In the same period over 268 listings were sold below the listed price and 69 listings were sold for the listed price. The inventory of homes for sale in Saint Petersburg, FL between November and December 2024 increased by 3.5%. In December 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $434,016.