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Lasbury Tracy Realty Inc
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$11,400,000

Active

3430 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 listing’s 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 – 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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Take a tour

Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

3430 19th Ave S, St Petersburg, FL 33711

Listing courtesy of COMPASS FLORIDA LLC Β· MLS# O6448025 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Sat, Oct 10 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

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.

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 9, 2026, 6:44 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]