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4200 1st Street N

St. Petersburg, FL 33703

13 beds
13 baths
8,000 sqft
16,038 sqft lot
$321 per sqft
1972 build
– on site

PRICE REDUCED $318,500 !!! CAP RATE NOW 6.77 % 10 unit solid concrete block apartment building in Northeast St. Pete. This building did not suffer any flooding, or adverse effects whatsoever from last years storms! Two story building with (3) 2 bedroom, 2 bath units, (7) 1 bedroom, 1 bath units and a dedicated laundry room. Building was built in 1972, and completely top to bottom “to the studs” renovated in 2017. Each unit has the same finishes: solid wood kitchen cabinetry featuring built in wine rack, granite countertops with undermount kitchen sink, four piece stainless steel appliance suite, central AC, 100 percent hurricane impact windows and doors, subway tile shower tile, with cast iron Kohler soaking tubs. Every plumbing unit in the building (toilets, tubs, shower valves, sink faucets) is Kohler, every light fixture LED, all interior doors in the building were replaced, all water heaters were replaced, as was roof. Walkways were redone with long lasting commercial coating. Added bonus: professionally refinished terrazzo flooring throughout the building; no expense ever for flooring between tenants! Historical vacancy since renovation is virtually non existent. Northeast park is one of the most desirable neighborhoods in St. Petersburg, close to dining and restaurants, and this is a completely modernized building. Variations in rent between units of the same size are not due to quality of finishes (since all units were remodeled at the same time); but rather how long a tenant has been in the building. The lower the rent, the long the tenure. Moving forward, the “value add” is simply increasing rents to make them uniform when owner so chooses.

Listing courtesy of STELLAR_MLS / COLDWELL BANKER REALTY

Last checked: Checking… • Last updated Jul 14, 2025 •

MLS# TB8406946 —

The Building

Year Built:

1972
New Construction:

false
Construction Materials:

Concrete
Levels:

Two
Roof:

Built-Up
Foundation Details:

Concrete Perimeter
Patio And Porch Features:

Patio
# of Buildings:

1
Building Area Total:

9000
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Furnished:

Unfurnished
Flooring:

Terrazzo
Additional Rooms:

Inside Utility
Fireplace:

false

Room Dimensions

Living Area:

8000
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

1st St. N to 42nd Ave N
Latitude:

27.810607
Longitude:

-82.634765
Coordinates:

-82.634765, 27.810607

The Property

Parcel Number:

063117503280000060
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Size Acres:

0.37
Lot Size Area:

16038
Lot Size SqFt:

16038
Lot Size Dimensions:

127 x 126
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

NS-MF
View:

false
Exterior Features:

Lighting
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

6
Tax Legal Description:

LA SALLE GARDENS CHARLES REPLAT LOTS 6 AND 7
Tax Book Number:

39-23
Tax Annual Amount:

$14,166

Beds

Bedrooms Total:

13

Baths

Total Baths:

13

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Common Area

The Community

Subdivision Name:

LA SALLE GARDENS CHARLES REP
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false
Parking Features:

Assigned

Extra Units

# of Units Total:

10

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/14/25 Jul 14, 2025	Listed / Active	STELLAR_MLS	$2,575,000

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This multifamily located in North East Park, St. Petersburg 33703 is currently for sale for $2,575,000. 4200 1st Street N is a 8,000 square foot multifamily with 13 beds and 13 baths that has been on Estately for 0 days. 4200 1st Street N is in the North East Park neighborhood of St. Petersburg and has a WalkScore® of 80, making it very walkable.

Listing Courtesy of: STELLAR_MLS and COLDWELL BANKER REALTY.

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.