3430 19TH AVENUE S
St Petersburg, FL 33711
$11,400,000
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 ...
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Listing Courtesy of: COMPASS FLORIDA LLC
407-203-9441
| Listing Id: | O6448025 |
|---|---|
| List Price: | $11,400,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Multi-Family 5+ |
| Status: | Active |
| Living Area: | 49,895 |
| Tax Annual Amount: | $139,738 |
| Lot Size Square Feet: | 85,074 |
| Lot Size Acres: | 1.95 |
| Waterfront?: | No |
| City: | St Petersburg |
| County Or Parish: | Pinellas |
| Subdivision Name: | Childs Park |
| Postal Code: | 33711 |
| Year Built: | 2025 |
| Number Of Units Total: | 29 |
| Additional Parcels?: | Yes |
| Appliances: | Dishwasher, Microwave, Refrigerator |
| Building Area Source: | Public Records |
| Building Area Total: | 49895 |
| Building Area Units: | Square Feet |
| Electric: | 200+ Amp Service, Separate Meters |
| Direction Faces: | North |
| Foundation Details: | Slab |
| Construction Materials: | Block, Concrete, Stucco, Frame |
| Cooling: | Central Air |
| Gross Scheduled Income: | $975,228 |
| Directions: | From I-275 take the 22nd Ave S exit west. 3430 and 3451 19th Ave S: west on 22nd Ave S to 34th St S (US 19), north to 19th Ave S, west 1 block; properties face each other across 19th Ave S. 1519 to 1529 22nd St S: from I-275 west on 22nd Ave S, north on 22nd St S to 15th Ave S. 301 to 329 49th St S: west on 22nd Ave S to 49th St S, north to 3rd Ave S, southeast corner. |
| Flooring: | Carpet, Ceramic Tile |
| Gross Income: | $975,228 |
| Heating: | Central, Electric, Heat Pump |
| Levels: | Two |
| Listing Contract Date: | 2026-10-07 |
| Ownership: | Fee Simple |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| Lot Features: | City Limits, Landscaped, Near Public Transit, Neighbourhood, Sidewalk, Street Lights, Paved |
| Lot Size Acres: | 1.95 |
| Lot Size Dimensions: | 167x186.66 |
| MLS Area Major: | 33711 - St Pete/Gulfport |
| MLS Area Major: | 33711 - St Pete/Gulfport |
| Net Operating Income: | $791,571 |
| New Construction?: | Yes |
| Original List Price: | $11,400,000 |
| Parcel Number: | 27-31-16-15408-002-0040 |
| Parking Features: | Curb Parking, Ground Level, Over 30 Spaces |
| Stories Total: | 2 |
| Township: | 31 |
| Road Frontage Type: | Alley, City Street, State Road |
| Road Surface Type: | Asphalt, Concrete |
| Roof: | Shingle, Tile |
| Listing Terms: | Cash, Commercial Financing, Trade |
| Tax Year: | 2026 |
| Security Features: | Smoke Detector(s) |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Additional Parcels Description: | 27-31-16-15408-001-0150, 21-31-16-07191-007-0150, 26-31-16-33030-000-0070 |
| Utilities: | BB/HS Internet Capable, Electricity Available, Public, Water Connected |
| Water Source: | Public |
| Number Of Lots: | 4 |
| Property Condition: | Completed |
| Public Survey Range: | 16 |
| Public Survey Section: | 27 |
| Zoning: | NT-2 |
| Possession: | Close Of Escrow |
| Vegetation: | Trees/Landscaped |
| Window Features: | Double Pane Windows, Insulated Windows, Storm Window(s) |
| Building Features: | Elevator None, Fencing |
| Adjoining Property: | Commercial, Multi-Family, Residential, School |
| Annual Expenses: | 183657 |
| Annual Income Type: | Actual |
| Building Area Total Srch Sq M: | 4635.40 |
| Calculated List Price By Calcula: | 228.48 |
| Ceiling Height: | 8 to 9 Feet |
| Ceiling Type: | Drywall |
| Converted Residence Yn: | No |
| Flood Zone Code: | X |
| Freezer Space Yn: | No |
| Front Footage: | 167 |
| Future Land Use: | RU |
| Green Verification Count: | 0 |
| Living Area Meters: | 4635.40 |
| Lot Size Square Meters: | 7904 |
| Management: | Owner Manager |
| Num of Restrooms: | 29 |
| Realtor Info: | Brochure Available, Confidentiality Letter Required, Currently Leased, Docs Available, Floor Plan Available, No Sign, Will Sell 1 Lot |
| Road Frontage Ft: | 334 |
| Sale Includes: | Building(s) and Land, Leases |
| Sdeo yn: | No |
| Total Acreage: | 1 to less than 2 |
| Total Num Buildings: | 16 |
| Unit Number Yn: | Yes |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Signage: | None |
| Road Responsibility: | Public Maintained Road |
| Attribution Contact: | 407-203-9441 |
| Originating System Name : | Stellar MLS |
| Freestanding Yn: | Yes |
| Green Energy Generation Yn: | No |
| Space Classification: | A |
| Tenant Count: | 29 |
| Total Parking Spaces: | 60 |
| Vacancy Rate: | 0.00 |
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Property Last Updated: October 08, 2026 06:32 PM - ET
