255 6TH AVENUE N, St Petersburg, FL 33701

• 3,234 sqft

Property Description

One of Downtown St. Petersburg's rarest offerings — a historic 1925 six-unit apartment building situated steps from Historic Old Northeast in Flood Zone X. The two-story wood-frame building features 5 one-bedroom/one-bath units plus an efficiency, individually metered electric, and a 2021 roof replacement already complete. Current rents are significantly below the appraiser's concluded value and represent significant income upside with rent stabilization in gross annual potential. Grandfathered 6-unit use under NT-2 zoning protects the income-producing asset in a neighborhood where comparable new supply simply cannot be built. Value-add investors will appreciate the vacancy/rent-up story, the density efficiency, and a location that commands premium tenants with minimal concessions. A genuine value-add play in a submarket that rarely offers one. Dont miss out on the investment opportunity. Contact the listing agent for a duel portfolio marketing plan for this and 247 6th ave n.

Listing Status:

Active

Date Added:

June 23, 2026

Data Last Updated:

July 26, 2026 at 4:23PM

Listing Office:

SUNSHINEAGLE LLC : 941-416-4580

Listing Agent:

Dave Masi : 727-215-5085

MLS ID:

TB8522549

Interior

• Appliances: Dishwasher
• Flooring: Laminate
• A/C: Wall/Window Unit(s)
• Heating: Ductless

Construction

• Roofing: Shingle
• General: FramePillar/Post/Pier

Location

• Road/Access: City Street
• Originating MLS: Stellar MLS
• County: Pinellas

Lot

• Zoning: MULTI-FAMKINYON'SH.H. ADD BLK BS 1/2 OF LOT 1018-31-17-46854-002-0101

Utilities

• Utilities: Public100 Amp Service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple