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1326 17th Terrace North

St. Petersburg FL 33704

4
4
2708 sq. ft.
4918 sq. ft.
Duplex
Currently for sale - view listing

Overview

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!

Features

4 bedrooms
4 bathrooms
2708 sq. ft. floor area
4918 sq. ft. lot size
Duplex

Happy sellers in St. Petersburg

86%
86% of sellers in St. Petersburg reported that their sale price either exceeded or met their price expectations.

St. Petersburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in St. Petersburg over the last 12 months.

Local market activity for 4 bedroom duplexes in St. Petersburg

In the last 12 months, 1 four-bedroom duplex similar to 1326 17th Terrace North, have been sold.

This represents a 50% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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