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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
Rental Income
$ 362,000
ROI
21.5
Cash Flow/m
178- 2 Bed
- 2 Bath
- 1040 sft
800 15TH AVENUE S, Saint Petersburg, FL, 33701
Currently Rented
Rental Income
$ 269,900
ROI
29.2Cash Flow/m
711- 3 Bed
- 1 Bath
- 1140 sft
1944 12TH AVENUE S, Saint Petersburg, FL, 33712
Currently Rented
Rental Income
$ 289,900
ROI
35.7Cash Flow/m
1290- - Bed
- - Bath
- 1299 sft
1430 14TH AVENUE S, Saint Petersburg, FL, 33705
Currently Rented
Rental Income
$ 339,900
ROI
27.6Cash Flow/m
738- - Bed
- - Bath
- 1200 sft
4419 18TH AVENUE S, Saint Petersburg, FL, 33711
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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