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.

Launch 3D Virtual Tour

Opens in a new window

Included Appliances

Dishwasher

Property Details

Interior

Appliances

Dishwasher

Building Area Total

3345

Cooling

Wall/Window Unit(s)

Flooring

Laminate

Heating

Wall Units / Window Unit

Living Area

3234

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

Wood Frame

Foundation Details

Pillar/Post/Pier

Living Area Source

Public Records

Living Area Units

Square Feet

Number Of Units Total

6

Roof

Shingle

Stories Total

2

Year Built

1925

Site & Exterior

Electric

100 Amp Service

Flood Zone Code

x

I D X Participation

Yes

Lot Size Acres

0.08

Lot Size Area

3494

Lot Size Dimensions

55 x 64

Lot Size Square Feet

3494

Lot Size Units

Square Feet

Public Survey Range

17

Public Survey Section

18

Road Frontage Type

City Street

Road Responsibility

Public Maintained Road

Road Surface Type

Brick

Sewer

Public Sewer

Total Acreage

0 to less than 1/4

Utilities

Public

Water Source

Public

Zoning

MULTI-FAM

Financials

Calculated List Price By Calculated Sq Ft

358.74

Contract Status Change Date

2026-06-23

Current Price

1200000

Feed Types

BBO

Owner Name

JAMES S SONBERG TRUST

Ownership

Fee Simple

Parcel Number

183117468540020101

Public Survey Township

31

Tax Annual Amount

12134.51

Tax Block

B

Tax Book Number

H1-47

Tax Legal Description

KINYON'S, H.H. ADD BLK B, S 1/2 OF LOT 10

Tax Lot

10

Tax Year

2025

Neighborhood & Lifestyle

Community & Association

M L S Area Major

33701 - St Pete

Subdivision Name

KINYONS H H ADD

Listing provided courtesy of STELLAR via IDX. Updated: Jun 24, 2026, 8:53am.

255 6TH AVENUE

255 6TH AVENUE

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Dave Masi

$20

$200

Your Digital HQ

Growth Tools

$100 Voucher

255 6TH AVENUE

255 6TH AVENUE

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Dave Masi