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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
Rental Income
Listed for sale 4 days ago
$ 425,000
ROI
23.2
Cash Flow/m
408- 4 Bed
- 2 Bath
- 1786 sft
901 12th St S, Saint Petersburg, FL, 33705
Currently Rented
Listed for sale 5 days ago
$ 795,000
ROI
33.6Cash Flow/m
2942- 4 Bed
- 5 Bath
- 1792 sft
868 7th Ave N, Saint Petersburg, FL, 33701
$ 379,000
ROI
31.2Cash Flow/m
1205- 8 Bed
- 4 Bath
- 1352 sft
521 88th Ave N, Saint Petersburg, FL, 33702
Motivated Seller
$ 325,000
ROI
26.5Cash Flow/m
614- 4 Bed
- 2 Bath
- 1352 sft
13246 4th St E, Saint Petersburg, FL, 33708
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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