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$2,575,000
5 Days On Site

4200 1ST STREET N
ST PETERSBURG, FL 33703

For Sale|Multi Family|Active
13
Beds
13
Total Baths
8,000
SqFt
$322
/SqFt
1972
Built
Subdivision:
LA SALLE GARDENS CHARLES REP
County:
Pinellas
Call Now: 407.513.4257
Is this the listing for you? We can help make it yours.
407.513.4257
4200 1ST STREET N4200 1ST STREET N4200 1ST STREET N4200 1ST STREET N
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PRICE REDUCED $318,500 !!! CAP RATE NOW 6.77 % 10 unit solid concrete block apartment building in Northeast St. Pete. This building did not suffer any flooding, or adverse effects whatsoever from last years storms! Two story building with (3) 2 bedroom, 2 bath units, (7) 1 bedroom, 1 bath units and a dedicated laundry room. Building was built in 1972, and completely top to bottom “to the studs” renovated in 2017. Each unit has the same finishes: solid wood kitchen cabinetry featuring built in wine rack, granite countertops with undermount kitchen sink, four piece stainless steel appliance suite, central AC, 100 percent hurricane impact windows and doors, subway tile shower tile, with cast iron Kohler soaking tubs. Every plumbing unit in the building (toilets, tubs, shower valves, sink faucets) is Kohler, every light fixture LED, all interior doors in the building were replaced, all water heaters were replaced, as was roof. Walkways were redone with long lasting commercial coating. Added bonus: professionally refinished terrazzo flooring throughout the building; no expense ever for flooring between tenants! Historical vacancy since renovation is virtually non existent. Northeast park is one of the most desirable neighborhoods in St. Petersburg, close to dining and restaurants, and this is a completely modernized building. Variations in rent between units of the same size are not due to quality of finishes (since all units were remodeled at the same time); but rather how long a tenant has been in the building. The lower the rent, the long the tenure. Moving forward, the “value add” is simply increasing rents to make them uniform when owner so chooses.

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Listing Snapshot
Price 
$2,575,000
Days On Site 
5 Days
Bedrooms 
13
Inside Area (SqFt) 
8,000 sqft
Total Baths 
13
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.37 Acres
Year Built 
1972
MLS® Number 
TB8406946
Status 
Active
Property Tax 
$14,166
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Acres 
0.37
Foundation 
Concrete PerimeterSlab
Parking 
Assigned
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
9000
Stories 
Two
Utilities 
Cable AvailableElectricity ConnectedSewer ConnectedUnderground UtilitiesWater Connected
Water Source 
Public
Zoning 
NS-MF
Interior Features
Appliances 
DishwasherElectric Water HeaterMicrowaveRangeRange HoodRefrigerator
Cooling 
Central Air
Flooring 
Terrazzo
Furnished 
Unfurnished
Heating 
CentralElectric
Laundry Features 
Common AreaLaundry Room
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Exterior Features
Construction Details 
ConcreteStucco
Exterior 
LightingStorage
Patio And Porch 
Patio
Roof 
Built-Up
Community Features
Community Features 
Street Lights
Financing Terms Available 
CashConventional
MLS Area 
33703 - St Pete
Roads 
Asphalt
Township 
31
Listing courtesy of COLDWELL BANKER REALTY 7276437713



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-07-20 01:34 AM EDT

Neighborhood & Commute
Source: Walkscore
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