Four units, an existing U.S. Coast Guard lease, and a remodeled apartment available for its next tenant-this St. Petersburg multifamily property offers an opportunity to acquire existing rental income with an immediate leasing opportunity. The property includes three 2-bedroom, 1-bath apartments, each approximately 900 square feet, plus an efficiency unit. Remodeled Unit B is currently vacant, giving an incoming investor the opportunity to place a new tenant. One unit remains leased to the United States Coast Guard. Spacious living areas, well-designed kitchens, and private washer/dryer hookups for practical everyday convenience. Private fenced backyard spaces with gated access provide outdoor room to relax-an appealing feature for prospective tenants. Located in St. Petersburg with access to shopping, parks, downtown attractions, and Gulf beaches, this four-unit property brings together a versatile unit mix, existing tenancy, and a remodeled vacancy ready for leasing. Expand your portfolio with a property offering multiple rental streams under one ownership.
Listed by Joe Cavaleri of DIRECT EXPRESS REALTY (727-827-2884)

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Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 6, 2026 5:02 PM 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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