3365 57TH N AVENUE, St Petersburg, FL 33714

Welcome to The Urban Standard! The property estimates a Net Operating Income (NOI) of $60,884 for 2024, with a CAP rate of 5.2%, making it the best buy on the market. With diverse rental options, plus located in unincorporated Pinellas County, this property experiences very low vacancy. The property consists of two buildings: a five unit at the front and a quadruplex at the back. Some units share electrical meters, while there is one shared water meter. The rear building was built in 1940 and sits on slab foundation with block construction. The property features a mixture of short term, mid term and long term leases. Ideally situated near bus lines, shopping, restaurants, and entertainment in the heart of St. Petersburg, this three-income-producing property in Pinellas County has endless value-add opportunities!