1015 Locust Street NE
St. Petersburg, FL 33701

  • 5 beds
  • 3 baths
  • 2,279 sqft
  • 6,625 sqft lot
  • $436 per sqft
  • 1936 build
  • on site

Under contract-accepting backup offers. ATTACHMENT IN MLS / 100% Occupied - Excellent Cash Flow and Investment Opportunity without the worries of upkeep. Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each unit offers comfortable and functional living spaces, providing an excellent opportunity for rental income. The well-designed floor plans maximize the use of space and provide a cozy atmosphere. Accompanied by numerous attractive features, such as NEWER Storm grade windows, fully remodeled kitchens encompassed with stainless steel appliances, quartz counter tops, and soft close cabinets to round off these kitchen areas. The elegantly remodeled bathrooms for this property provide a gentle aired touch of comfort and sophistication for tenants while easy to maintain for the landlord. Residents will enjoy other benefits such as well appointed closet space (some walk-in-closets) and the rare benefit for the area of covered parking in the rear of the property when needing to use their vehicles for travel or useful as private storage for tenants. Having the additional parking available on-street, and parking spaces off-street this property offers and clears any parking concerns one may have. With an immediate abundance of amenities nearby in Downtown St. Pete and being blocks from Vinoy Park, tenants are able capitalize on the ultra desirable location by biking or walking to their desired destinations. Such desirabilities would be sipping an almond mocha at black Crow Coffee Shop or taking a leisurely stroll to Vinoy Park and crack open a favorite novel on The Bay. Drop by for all-you-can-eat shrimp at 4th Street Shrimp Store before walking it off downtown to enjoy a libation, just in time for happy hour. Residents will also enjoy being a short distance away from local shops, entertainment and other restaurants in the area. With additional benefits such as access to major roads, providing quick connections to the surrounding Bay Area, Business Districts, Marina’s, and Beaches this property features the location, highlighted by the upgrades throughout the property and and presents and presents a great cash flow opportunity for those looking to purchase as investment or live in one unit and rent the others.

My Florida Regional MLS DBA Stellar MLS logo Listing courtesy of STELLAR_MLS / COMPASS FLORIDA LLC

Last checked: Checking… • Last updated May 5, 2024 •

MLS# U8236468 —

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Sale history

Date Event Source Price % Change
5/3/24
Pending STELLAR_MLS $995,000
4/26/24
Listed / Active STELLAR_MLS $995,000 392.6% (32.7% / YR)
4/27/12
STELLAR_MLS $202,000

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This multifamily located in Historic Old Northeast, St. Petersburg, FL 33701 is currently pending sale for $995,000. 1015 Locust Street NE is a 2,279 square foot multifamily with 5 beds and 3 baths that has been on Estately for 11 days. 1015 Locust Street NE is in the Historic Old Northeast neighborhood of St. Petersburg and has a WalkScore® of 70, making it somewhat walkable. This multifamily is in the attendance area of North Shore Elementary School, John Hopkins Middle School, and St. Petersburg High School.

My Florida Regional MLS DBA Stellar MLS logo Listing Courtesy of: STELLAR_MLS and COMPASS FLORIDA LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

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