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$11,400,000

New 2025 construction 29-unit rental portfolio in South St. Petersburg, offered as a package or individually. Four properties within a 2 mile radius: 3430 19th Ave S (11 units, 6 buildings, built 2025), 3451 19th Ave S (9 units, 5 buildings, built 2025), 301 to 329 49th St S (5 units, 3 buildings, built 2021) and 1519 to 1529 22nd St S (4 units, 2 buildings, built 2021). 13 two story duplex buildings and 3 single family residences, all 3 bedroom plans; duplex units are 3 bed / 2.5 bath townhome style plans of approximately 1,604 SF with great room and kitchen down, 3 bedrooms up, in unit laundry connections, individual central air and off street parking. Concrete block construction with stucco (frame with stucco at 49th St S), shingle and tile roofs, impact-rated windows at the 19th Ave S properties. 100% leased; 22 of 29 units are under Housing Choice Voucher contracts with the St. Petersburg and Pinellas County housing authorities and roughly 63% of scheduled rent is paid directly by the authorities each month; 7 units lease at market rate. Scheduled rent $975,228 per year ($81,269 per month). Tenants pay electric and water (owner pays water at 22nd St S only); ownership carries taxes, insurance and lawn care. No deferred maintenance, no capital program. 19th Ave S pair is 1 block from 34th St S (US 19), 2 miles from the Historic Gas Plant District redevelopment and 3.5 miles from downtown St. Petersburg. Offering memorandum, rent rolls and housing assistance documentation available upon execution of a non disclosure agreement. Pricing: entire portfolio $11,400,000; 19th Ave S pair $7,800,000; 3430 19th Ave S $4,316,000; 3451 19th Ave S $3,484,000; 49th St S $2,200,000; 22nd St S $1,400,000. Do not disturb residents; no signage at the properties.

Childs Park SubDv. ⋅ 33711 Zip Code

3430 19th Avenue S, St Petersburg

$725,000

TWO-BUILDING COMMERCIAL PROPERTY | SOUTH ST. PETERSBURG CRA | 22ND AVENUE SOUTH High-Visibility Owner-User or Investment Opportunity in South St. Petersburg Positioned along 22nd Avenue South with additional visibility from 34th Street South, this versatile commercial property offers an excellent opportunity for an owner-user, investor, or entrepreneur seeking a highly visible location in South St. Petersburg. The property features two separate buildings, providing flexibility for a variety of business uses, additional workspace, or a combination of customer-facing and back-office operations. The main building was previously operated as a hair salon and retains much of the interior configuration associated with its prior use, including plumbing, electrical wiring, HVAC, and salon-related improvements. This existing build-out may provide an opportunity for a future salon, beauty, wellness, or service-oriented operator to reduce initial renovation and build-out costs. Salon equipment is negotiable, including styling chairs, stations, dryers and other related equipment. A separate secondary building/outbuilding includes its own restroom, creating valuable additional space that could be used as a private office, workshop, studio, storage area, employee space, or other ancillary commercial use, subject to applicable zoning and permitting. The property also includes onsite parking, providing convenient access for customers, employees, and business operations. SOUTH ST. PETERSBURG CRA LOCATION The property is located within the South St. Petersburg Community Redevelopment Area (CRA) in the Greater Childs Park area. The CRA is an established area targeted for continued economic development, neighborhood investment, commercial revitalization, and private-sector reinvestment. This CRA designation adds an additional investment consideration for buyers looking to establish or improve a commercial property in an area benefiting from ongoing redevelopment efforts. MULTIPLE POTENTIAL USES The property’s existing commercial infrastructure and two-building configuration provide flexibility for a variety of potential businesses, subject to zoning and permitting, including: • Hair salon or barber shop • Wellness or personal training studio • Boutique or specialty retail • Creative or photography studio • Professional office • Training or educational center • Workshop or service-oriented business • Veterinary or pet-related use • Storage or ancillary commercial use • Other neighborhood-serving commercial businesses The property was also previously used as a veterinary office, demonstrating the versatility of the space for different commercial applications. HIGH-VISIBILITY LOCATION Located on 22nd Avenue South, the property benefits from frontage and exposure along an established St. Petersburg commercial corridor, with additional visibility from 34th Street South. Its location provides convenient access to surrounding residential neighborhoods and major St. Petersburg thoroughfares. Buyer to independently verify zoning, permitted uses, building dimensions, square footage, parking, utilities, building systems, CRA eligibility, development potential and all other property information with the City of St. Petersburg and applicable governmental authorities.

Childs Park SubDv. ⋅ 33711 Zip Code

3425 22nd Avenue S, St Petersburg

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