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324 7th Street S

St. Petersburg, FL 33701

4 beds
4 baths
2,368 sqft
2,470 sqft lot
$434 per sqft
1920 build
– on site

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Introducing a prime 4-unit multifamily property located in the heart of downtown St. Petersburg, offering exceptional investment potential and modern upgrades. This well-maintained property boasts an average monthly rental upside of $275 per unit, or approximately $13,000 annually, based on comparable properties in the market. Significant renovations have been completed in both 2022 and 2023, including stunning interior upgrades such as sleek stainless steel appliances, white shaker cabinets, new water heaters, and quartz countertops. The exterior has been meticulously enhanced with fresh sealant and painting, balcony repairs, fencing replacement, staircase repairs, and upgraded central AC units. With amenities that include select furnished units, an on-site laundry facility, private front porches, and a fenced-in lot, this property offers comfortable living in a vibrant location. Situated within walking distance to the best of downtown St. Petersburg, including upscale dining, retail destinations, and the scenic waterfront on Central Avenue and Beach Drive, this property is perfectly positioned. It’s also just a 5-minute walk to the highly anticipated $6.5 billion Tropicana Field redevelopment project, which will transform the area with a new baseball stadium, 1.4 million square feet of office and medical space, retail and dining, hotels, and more. The property is ideally located near major employers such as St. Anthony’s Hospital (1.3 miles), Bayfront Health (0.5 miles), Johns Hopkins All Children’s Hospital (0.5 miles), Tropicana Field (0.3 miles), and the University of South Florida – St. Petersburg Campus (0.4 miles). Plus, with St. Pete Beach just 7.9 miles away, ranked as the #1 beach in the U.S. by TripAdvisor in 2021, this property offers both urban convenience and coastal relaxation. This is a rare opportunity to own a high-potential, renovated multifamily asset in one of Florida’s most sought-after locations.

Listing courtesy of STELLAR_MLS / COMPASS FLORIDA LLC

Last checked: Checking… • Last updated Apr 28, 2025 •

MLS# TB8322027 —

The Building

Year Built:

1920
New Construction:

false
Construction Materials:

Wood Frame (FSC Certified)
Roof:

Shingle
Foundation Details:

Crawlspace
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

2368
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Tropicana Field Head West on Tropicana Dr toward 1st Ave S, Turn left onto 1st Ave S, Turn Right onto 7th St S. Property ahead on your right.
Latitude:

27.767919
Longitude:

-82.643038
Coordinates:

-82.643038, 27.767919

The Property

Parcel Number:

193117744660620082
Property Type:

Residential Income
Property Subtype:

Quadruplex
Property Attached:

false
Lot Size Acres:

0.06
Lot Size Area:

2470
Lot Size SqFt:

2470
Lot Size Dimensions:

50 x 50
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
View:

false
Exterior Features:

Sidewalk
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

8
Tax Block:

62
Tax Legal Description:

REV MAP OF ST PETERSBURG BLK 62, S 50FT OF LOT 8
Tax Book Number:

H1-49
Tax Annual Amount:

$11,120.88

Beds

Bedrooms Total:

4

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Laundry Room

Schools

Elementary School:

Campbell Park Elementary-PN
Middle Or Junior School:

John Hopkins Middle-PN
High School:

St. Petersburg High-PN

The Community

Subdivision Name:

REV MAP OF ST PETERSBURG
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/28/25 Apr 28, 2025	Sold	STELLAR_MLS	$1,030,000	-13.8%
3/6/25 Mar 6, 2025	Pending	STELLAR_MLS	$1,195,000
1/7/25 Jan 7, 2025	Relisted	STELLAR_MLS	$1,195,000

Multifamily Sold on 4/28/2025

$1,030,000

Listing provided by broker:

Bradley Goldfinger

COMPASS FLORIDA LLC

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Listing Courtesy of: STELLAR_MLS and COMPASS FLORIDA LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

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.

324 7th Street S

St. Petersburg, FL 33701