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4 Beds ⋅ 4 Baths ⋅ Paines Sub SubDv. ⋅ 33711 Zip Code

Investors, take note: this fully occupied fourplex offers dependable cash flow from day one. The property consists of two identical duplex buildings, each with two 1-bedroom units, for four identical units in total. The matching floor plans make maintenance, turnovers, and rent comparisons simple. All four units are leased, and three of the four tenants are long-term residents, giving you an established rent roll and low turnover. Each unit has its own separately metered power and water, so tenants pay their own utilities and your operating costs stay down. A separate outbuilding adds flexibility. Use it as storage, or convert it into an on-site laundry facility for an additional income stream. Four dedicated off-street parking spaces, plus ample street parking, add convenience for residents. Whether you’re expanding your portfolio or buying your first multifamily property, 1139 40th St S combines steady occupancy, efficient operations, and room to add value. Schedule your showing today. Please do not disturb tenants.

1139 40th Street S, St Petersburg

$11,400,000

Childs Park SubDv. ⋅ 33711 Zip Code

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.

3430 19th Avenue S, St Petersburg

$399,000

4 Beds ⋅ 2 Baths ⋅ Vinsetta Park Annex SubDv. ⋅ 33711 Zip Code

Investors, this is your cash cow! Two-Unit Income Property: 1925 Bungalow + Detached 1BR, Tenant in Place, Major Systems Updated Turnkey two-unit investment with income from day one. This property pairs a 3-bedroom, 1-bath 1925 bungalow with a detached 1-bedroom apartment, giving you two separate rentable units on one lot, in one closing. The capital expenditures are largely done. Within the past two years, the main house received a new roof, new A/C, a new water heater, and several new windows. The back unit has all-new windows and brand-new central heat and air. Updated systems mean lower near-term maintenance costs and fewer surprises in your first years of ownership. The detached unit is currently rented on a month-to-month basis, providing immediate cash flow with the flexibility to keep the existing tenant or reposition the unit. The main house will be available for a new tenant on November 1, so you can set your own lease terms and rent. Each unit has its own dedicated parking, which helps with tenant appeal and retention. The rent numbers support strong returns. FY2026 HUD Fair Market Rents for this property are $2,900 for the 3-bedroom and $1,950 for the 1-bedroom, a combined $4,850 per month in potential gross rent. Don't miss out on adding this money maker to your portfolio..

4502 9th Avenue S, St Petersburg

$579,990

7 Beds ⋅ 3 Baths ⋅ Richardsons W E SubDv. ⋅ 33711 Zip Code

Two beautifully remodeled homes on one lot! The front home is a 4-bedroom, 2-bath with ~1200 sq ft of living area, currently rented for $3,495/month. Both units have central air, 2024 roofs, new floors, fresh interior finish, and remodeled kitchens and bathrooms. The second home is rent-ready today: ~1000 sq ft of living area with 3 bedrooms plus an office, a laundry room (potential bathroom conversion) at a HUD rental value of $2,900/month. Both homes are individually fenced on a corner lot with off-street parking, and all deferred maintenance has been updated. Combined income of $6,395/month, in place and projected. A unique opportunity to own an asset with substantial cash flow or owner occupancy with a large portion of your mortgage paid!

1543 43rd Street S, St Petersburg

$1,450,000

12 Beds ⋅ 8 Baths ⋅ Broadwater SubDv. ⋅ 33711 Zip Code

This Saint Petersburg Florida apartment complex is a Cash Cow. It's located in the brand new up-and-coming Marina District of Pinellas County. Maximo Marina is on the same street less than a half mile away. This solid block apartment building contains eight apartments. A brand new roof and the majority of the AC systems are newer. There are four, two bed one bath units and four one bed, one bath apartments. There is plenty of parking for the tenants and their guests. Rents are way under value for what the area calls for. The location is absolutely incredible and there is a huge potential for redevelopment here.? About the location again, you can walk to many great restaurants, shopping, grocery stores, public transportation, and boat storage. It's convenient to Downtown Saint Petersburg, our airports and the Beautiful White Sandy Beaches of Pinellas County. Downtown Saint Petersburg has so many great attractions and things to do. A new state-of-the-art-pier that hosts concerts, festivals and art fairs. Take a Segway tour to see the artwork all throughout downtown. We have The Salvador Dali waterfront museum, The Rays, The Rowdies, The St Pete Grand Prix and the Albert Whitted Airport. Great for flying lessons and helicopter tours. Our area also offers some of the best boating and fishing in Florida. This apartment building did not flood during the hurricanes of 2024. The pictures are very accurate of the units. No photoshopping or virtual staging, 100% actual pictures. Most of the tenants have been here for years.

4200 37th Street S, St Petersburg

$1,450,000

Broadwater SubDv. ⋅ 33711 Zip Code

This Saint Petersburg Florida apartment complex is a Cash Cow. It's located in the brand new up-and-coming Marina District of Pinellas County. Maximo Marina is on the same street less than a half mile away. This solid block apartment building contains eight apartments. A brand new roof and the majority of the AC systems are newer. There are four, two bed one bath units and four one bed, one bath apartments. There is plenty of parking for the tenants and their guests. Rents are way under value for what the area calls for. The location is absolutely incredible and there is a huge potential for redevelopment here. About the location again, you can walk to many great restaurants, shopping, grocery stores, public transportation, and boat storage. It's convenient to Downtown Saint Petersburg, our airports and the Beautiful White Sandy Beaches of Pinellas County. Downtown Saint Petersburg has so many great attractions and things to do. A new state-of-the-art-pier that hosts concerts, festivals and art fairs. Take a Segway tour to see the artwork all throughout downtown. We have The Salvador Dali waterfront museum, The Rays, The Rowdies, The St Pete Grand Prix and the Albert Whitted Airport. Great for flying lessons and helicopter tours. Our area also offers some of the best boating? and fishing in Florida. This apartment building did not flood during the hurricanes of 2024. The pictures are very accurate of the units. No photoshopping or virtual staging, 100% actual pictures. Most of the tenants have been here for years.

4200 37th Street S, St Petersburg

$339,900

Orourke Sub SubDv. ⋅ 33711 Zip Code

WELCOME TO INCOME-PRODUCING REAL ESTATE IN SOUTH ST. PETERSBURG! Fantastic opportunity to acquire a turnkey, income-producing single-family rental with an established Section 8 tenant already in place. The property is currently leased on an annual basis, providing immediate rental income from day one, with the tenant responsible for all utilities. Even better for investors looking to scale: this home is one of seven income-producing single-family properties being offered for sale by the same owner. Purchase this property individually or explore the opportunity to acquire all seven as a portfolio, creating a substantial existing annual income stream across multiple properties in South St. Petersburg. The properties have been professionally managed, and property management is available if desired, making this an attractive opportunity for both local and out-of-area investors seeking an established rental portfolio. Built in 2005, this well-maintained three-bedroom, two-bathroom home presents an excellent investment opportunity in South St. Petersburg. Constructed with durable concrete block construction, the property offers approximately 1,200 square feet of living space with a functional, tenant-friendly floor plan designed for long-term rental appeal. Interior features include a spacious living area, an updated kitchen with upgraded cabinetry, tile flooring in the kitchen and bathrooms, laminate flooring throughout the main living areas and bedrooms, and a dedicated inside laundry room with washer and dryer hookups. A newer 2015 HVAC system adds additional value and peace of mind for investors. Outside, the home features a long driveway with ample off-street parking, a shaded front yard, and a generous backyard with plenty of space for outdoor enjoyment. Ideally located just minutes from downtown St. Petersburg, I-275, major employment centers, shopping, dining, hospitals, and the Tropicana Field redevelopment district, the location continues to attract strong tenant demand. Please do not disturb the tenant. Showings are by appointment only and subject to tenant occupancy. Also available individually as part of this 7-property St. Petersburg investment portfolio: TB8535987 – 791 35th Ave S; TB8534657 – 2621 6th St S; TB8535980 – 1120 11th Ave S; TB8535101 – 1430 14th Ave S; TB8534682 – 1440 Prescott St S; TB8535169 – 1944 12th Ave S; TB8535157 – 4419 18th Ave S.

4419 18th Avenue S, St Petersburg

$599,900

4 Beds ⋅ 2 Baths ⋅ Gulfport Harbor 1st Add SubDv. ⋅ 33711 Zip Code

An exceptional turnkey investment opportunity in the heart of Gulfport! This fully renovated duplex features two spacious 2-bedroom, 1-bathroom units, making it an ideal addition to any investor's portfolio or a perfect opportunity for an owner-occupant looking to offset their mortgage with rental income. Completely renovated with permitted improvements including plumbing, electrical and HVAC, both units offer modern finishes designed to attract quality tenants, including beautifully updated kitchens with contemporary cabinetry, stone countertops, stainless steel appliances, and stylish fixtures. Luxury waterproof LVP flooring flows throughout each residence, providing durability, low maintenance, and an upscale look. Situated on a quiet residential street just minutes from Gulfport's vibrant waterfront district, residents will enjoy easy access to local restaurants, boutique shops, art galleries, parks, marinas, beaches, and downtown St. Petersburg. The area's strong rental demand, walkable lifestyle, and proximity to major employers make this an outstanding long-term investment. Whether you're looking to expand your rental portfolio or secure a cash-flowing property in one of Pinellas County's most desirable locations, this move-in-ready duplex offers the perfect combination of quality renovations, strong income potential, and an unbeatable location.

2832 Miriam Street S, St Petersburg

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Browse All Gulfport FL Multi-Family Properties for Sale

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