$11,400,000
Active3430 19th Ave S, St Petersburg, FL 33711
49,895 sq ft
Listing courtesy of COMPASS FLORIDA LLC Β· MLS# O6448025
2 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this property
New 2025 construction 29-unit rental portfolio in South St. Petersburg, offered as a package or individually. Four properties within a 2 mile radius: 3430 19th Ave S (11 units, 6 buildings, built 2025), 3451 19th Ave S (9 units, 5 buildings, built 2025), 301 to 329 49th St S (5 units, 3 buildings, built 2021) and 1519 to 1529 22nd St S (4 units, 2 buildings, built 2021). 13 two story duplex buildings and 3 single family residences, all 3 bedroom plans; duplex units are 3 bed / 2.5 bath townhome style plans of approximately 1,604 SF with great room and kitchen down, 3 bedrooms up, in unit laundry connections, individual central air and off street parking. Concrete block construction with stucco (frame with stucco at 49th St S), shingle and tile roofs, impact-rated windows at the 19th Ave S properties. 100% leased; 22 of 29 units are under Housing Choice Voucher contracts with the St. Petersburg and Pinellas County housing authorities and roughly 63% of scheduled rent is paid directly by the authorities each month; 7 units lease at market rate. Scheduled rent $975,228 per year ($81,269 per month). Tenants pay electric and water (owner pays water at 22nd St S only); ownership carries taxes, insurance and lawn care. No deferred maintenance, no capital program. 19th Ave S pair is 1 block from 34th St S (US 19), 2 miles from the Historic Gas Plant District redevelopment and 3.5 miles from downtown St. Petersburg. Offering memorandum, rent rolls and housing assistance documentation available upon execution of a non disclosure agreement. Pricing: entire portfolio $11,400,000; 19th Ave S pair $7,800,000; 3430 19th Ave S $4,316,000; 3451 19th Ave S $3,484,000; 49th St S $2,200,000; 22nd St S $1,400,000. Do not disturb residents; no signage at the properties.
Facts
- Property type
- Multi-Family 5+
- Year built
- 2025
- Exposure
- North
- Flood zone
- X
- Annual taxes
- $139,738/yr
- Listed
- Oct 7, 2026
- MLS #
- O6448025
Commercial details
Building & site
- Building size
- 49,895 SF
- Lot size
- 1.95 acres (85,074 SF)
- Zoning
- NT-2
- Ceiling height
- 8 to 9 Feet
- Parking spaces
- 60
- Road frontage
- 334 ft Β· Alley, City Street, State Road
- Buildings
- 16
- Occupancy
- Tenant-occupied
- Building features
- Elevator β None, Fencing
Investor metrics
- Price per SF (MLS)
- $228.48/SF
- Cap rate
- 6.94%
- Net operating income
- $791,571/yr
- Gross income
- $975,228/yr
- Annual expenses
- $183,657/yr
- Units
- 29
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
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3430 19th Ave S, St Petersburg, FL 33711
Listing courtesy of COMPASS FLORIDA LLC Β· MLS# O6448025 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
