Stacey Olive
REALTOR®
SQUARE FEET49,895
MLS#O6448025
STATUSActive
PROPERTY TYPECommercial - Multiple
SUBDIVISIONCHILDS PARK
Property Description
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.
Property Features
Property Type: Commercial - Multiple
Cooling: Central Air
Heating: Central, Electric, Heat Pump
Lot Size: 1.95 Acres
Roof Type: Shingle, Tile
Stories: 2.0
Taxes: $139,738
Year Built: 2025
Feature Descriptions
Appliances: Dishwasher, Microwave, Refrigerator
Building: Elevator â?? None, Fencing
Days on Site: 24
Directions: From I-275 take the 22nd Ave S exit west. 3430 and 3451 19th Ave S: west on 22nd Ave S to 34th St S (US 19), north to 19th Ave S, west 1 block; properties face each other across 19th Ave S. 1519 to 1529 22nd St S: from I-275 west on 22nd Ave S, north on 2
Exterior: Block, Concrete, Stucco, Frame
Flood Zone Code: X
Flooring: Carpet, Ceramic Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing, Trade
Lot: City Limits, Landscaped, Near Public Transit, Neighbourhood, Sidewalk, Street Lights, Paved
Lot Dimensions: 1.95
Number of Restrooms: 29
Ownership: Fee Simple
Parking: Curb Parking, Ground Level, Over 30 Spaces
Parking Notes: Curb Parking, Ground Level, Over 30 Spaces
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Road Frontage: 334
Sale Includes: Building(s) and Land, Leases
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, No Lockbox
Special Sale Provisions: None
Units: 29
Utilities: BB/HS Internet Capable, Electricity Available, Public, Water Connected
Vegetation: Trees/Landscaped
Water: Public
Water Access Y/N: No
Windows: Double Pane Windows, Insulated Windows, Storm Window(s)
Zoning: NT-2
Listed By / Shown By
Listed By
Agency Name: COMPASS FLORIDA LLC
Agency Contact: 407-203-9441
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
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3430 19th Avenue S | MLS# O6448025
This commercial property located at 3430 19th Avenue S, Saint Petersburg, FL 33711 is currently listed for sale with an asking price of $11,400,000. Search Saint Petersburg real estate on www.soldwithstacey.net today.