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335 5th Avenue

Saint Petersburg, FL 33701
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Bed 9

Bed

Bath 7

Bath

SqFt3,475

Sqft

Acres0.16

Acre(Lot)

The 7-Unit 335 On Fifth Avenue is located three blocks to St Petersburg’s Beach Drive and waterfront parks making it an ideal permanent residence or short-term stay accommodation. Whether a year-round resident or visitor to Tampa / St Pete, tenants and guests are just four blocks to the iconic “Beach Drive Scene”. Situated in the heart of downtown and bordering the leafy redbrick avenues and stately homes of exquisite Historic Old Northeast, Beach Drive is the de facto hub for an expansive variety of popular fine dining and entertainment, sophisticated nightlife, chic galleries, superb people watching, and expansive waterfront parks. Nearby waterfront Vinoy Park on Tampa Bay offers acres of lush green space, a sports and aquatic complex, fitness trails, a dog park, and beach volleyball. T he city’s multitude of attractions include the New St. Pete Pier, Watch Discovery Center and Museum of History, to name a few. With typically more than 360 days of sunshine each year, plenty of trails to explore, and a work-life balance that happens to include beach days, it's no wonder the city of St. Petersburg was named the best place to live in Florida according Livability. In addition to its long-standing record for consecutive days of sunshine, among the city’s most prized amenities is its natural beauty with more than 200 miles of shoreline along Tampa Bay to the Gulf, Boca Ciega Bay and intercoastal waterways. Throughout the year there are more than 1,000 special events and festivals ranging from yachting, farmers markets, music festivals, sporting events, concerts and a variety of cultural venues. The 335 On Fifth Avenue is currently operated with four traditional 12-month lease units. Three units are offered on a short-term basis with typical duration of three- to four-night stays. Based on the projected year-one stabilized income and Buyer’s projected year-one expenses, which do reflect the Appraiser’s estimated Real Estate Tax increase and include normal and customary property management fees, the $1,490,00 Offer Price represents approximately a 12% Cap Rate. Without adjusting for the pro-forma income increase, yet still applying the Buyer’s projected year-one expense increases, the Cap Rate is approximately 7.2%. The 335 On Fifth Avenue is ideally suited for discerning investors seeking to establish a foothold in dynamic downtown St Petersburg. Investors interested in acquiring a high-quality, turnkey, generational family asset to satisfy a pending 1031 Exchange, or expand and enhance a portfolio of high-quality real estate investments will want to tour and be compelled to acquire 335 On Fifth Avenue. Please contact the Listing Agent for financial details, additional information regarding the Property and Offering, and to schedule a tour of the Property.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,490,000

AD Id : 86763328

MLS Id : MFRTB8523860

Beds : 9

Lot Size : 0.16 Acre

Living Area Size : 3,475

Year Built : 1925

Garage : 2

County : Pinellas

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Feature Features

  • Bedroom Information

    Total Bedroom: 9

    Bathroom Information

    Total Baths: 7

    Interior Features

    Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan Roof: Shingle Laundry Features: None

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Vinyl Construction Materials: Vinyl Siding, Frame
  • Heating & Cooling

    Heating: Electric Cooling: Mini-Split Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1925
  • Exterior Features

    Courtyard, Outdoor Grill Construction Materials: Vinyl Siding, Frame Foundation Details: Crawlspace

  • Lot Information

    Lot Dimensions: 56x127 Lot Description: Near Public Transit, Private Lot Square Feet: 6939 Lot Acres: 0.16 Lot Size (SqMt): 645

    Property Information

    Property Type: Residential Income Sub Type: Quadruplex

  • Listing Price Information

    Original List Price:$1490000

  • Tax Information

    Tax Block: C Tax Book Number: H1-61 Tax Lot: 10 Tax Legal Description: THORNTON'S ADD BLK'S B & C REP BLK C, LOT 10 Annual Tax: $12057.11 Tax Year: 2025 Parcel Number: 18-31-17-90576-003-0100

  • Parking Information

    Garage Faces Rear, Off Street, On Street

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Utility Information

    Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: THORNTONS ADD City: ST PETERSBURG Direction: The 335 On Fifth Avenue Apartments 335 5th Avenue North, St. Petersburg, Florida 33701 / Driving Directions From its intersection with Central Avenue in downtown St Pete, proceed north on 3rd Street N to 5th Avenue N, turn left (west) and proceed to the Property located at 335 5th Ave N situated on the right (north) side of 5th Avenue N.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
127 17th Avenue, Saint Petersburg, FL, 33701 $799,000 5 4 2,276 2,276 SqFt
1205 Highland Street, Saint Petersburg, FL, 33701 $645,000 3 4 1,790 1,790 SqFt
860 12th Avenue, Saint Petersburg, FL, 33701 $400,000 2 2 788 788 SqFt
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ByOwner last updated this listing 06/27/2026 @ 18:20

MLS: MFRMLS #TB8523860 LISTED BY: Kyle Collins, RE/MAX ACTION FIRST OF FLORIDA 727-531-2006 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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