$11,400,000
About this home
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.
Highlights
Property details
- MLS #
- MFRO6448025
- Property type
- Multi-Family 5+
- Subdivision
- CHILDS PARK
- Status
- Active
- Days on market
- N/A
- On market date
- October 7, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.95 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 538
- Student:teacher ratio
- 13.1:1
- District
- PINELLAS
- Enrollment
- 906
- Student:teacher ratio
- 20.1:1
- District
- PINELLAS
- Enrollment
- 26
- District
- PINELLAS
Walkability
Blended score for ST PETERSBURG's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in ST PETERSBURG, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 10 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.