1326 17TH TERRACE N at

1326 17TH TERRACE N

For sale Days on market 157

$890,000

$389/sq ft

$5,000
Price Decreased

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Overview

Bedroom

Year Built

1925

Sqft

2288

Property Type

Quadruplex

Property Description

Exceptional Multifamily Investment Opportunity! Introducing a great opportunity to acquire a fully occupied, income-producing multifamily property in one of St. Petersburg’s most desirable neighborhoods: Euclid St. Paul’s. Ideally positioned near the Historic Uptown and Crescent Lake districts, this charming 1925-built asset is located at 1327 17th Avenue North, with convenient access to the northern units via 17th Terrace North. The property consists of two well-maintained buildings totaling 2,288 square feet, configured as four thoughtfully designed 1-bedroom units—all currently leased. With a current cap rate of 6.1%, this is a solid performer with the potential for increased returns through a few minor interior improvements. Situated in a high-demand rental submarket, this property offers full occupancy with consistent rental income, strong historical performance, and excellent tenant retention. Classic 1920s architecture is paired with modern updates, creating a timeless appeal for residents. The location provides easy access to downtown St. Pete, nearby parks, and major retail corridors, making it an attractive option for tenants and a stable, appreciating asset for investors. Zoned NT-2 and ideally suited for low-rise, garden-style multifamily ownership, this is a rare chance to secure a turn-key property with both immediate cash flow and long-term value in a thriving St. Petersburg neighborhood. Contact us today to schedule a private tour!

Property Details

MLS#

TB8409497

Address

1326 17TH

City

St Petersburg

State/county

Zip/Postal Code

33704

Area

Euclid Grove 1st Add

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$10,678

Maint Fee

$--

Tax Year

2024

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