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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
$ 300,000
ROI
26.9
Cash Flow/m
595- - Bed
- - Bath
- 2070 sft
2412 51st Ave N, Saint Petersburg, FL, 33714
Rental Income
$ 550,000
ROI
23.5Cash Flow/m
520- 4 Bed
- 3 Bath
- 2015 sft
1421 35th St S, Saint Petersburg, FL, 33711
$ 475,000
ROI
24.1Cash Flow/m
581- 4 Bed
- 2 Bath
- 1541 sft
5029 28th Ave S, Saint Petersburg, FL, 33707
Rental Income
$ 395,000
ROI
26.4Cash Flow/m
727- 4 Bed
- 2 Bath
- 1680 sft
4130 32nd St N, Saint Petersburg, FL, 33714
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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