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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Saint Petersburg, FL
Currently Rented
$ 280,000
ROI
30.6
Cash Flow/m
842- - Bed
- - Bath
- 1450 sft
(Undisclosed Address), Saint Petersburg, FL, 33705
Rental Income
$ 485,000
ROI
22.7Cash Flow/m
392- 4 Bed
- 3 Bath
- 2310 sft
4995 42nd Ave N, Saint Petersburg, FL, 33709
Currently Rented
Rental Income
$ 799,000
ROI
33.4Cash Flow/m
2915- 5 Bed
- 4 Bath
- 2276 sft
127 17th Ave S, Saint Petersburg, FL, 33701
Currently Rented
$ 550,000
ROI
20.5Cash Flow/m
70- 7 Bed
- 3 Bath
- 2315 sft
2760 62nd Ter N, Saint Petersburg, FL, 33702
Why Invest in Saint Petersburg, Florida?
Multi-family properties in Saint Petersburg, FL offer resilient investment opportunities amid market normalization. Average rents hold steady while cap rates improve with rising inventory. Renter occupancy exceeds 60%, supporting strong cash flows. Annual appreciation around 1-2% provides long-term growth potential. Investor yields average 6-8% in this coastal market. Buyer's market dynamics favor acquisitions for multi-family assets. Focus on properties with proven rental demand.
7.2%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$1850/mo
Avg. Cash Flow
$1950/mo
Avg. Rent
1.3%
1Y Appreciation
Frequently Asked Questions
Yes, the buyer's market with rising inventory favors acquisitions. Cap rates are improving amid stable rents. Normalization supports steady cash flows for investors.
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