Thorntons Add Real Estate, Homes, Condos for Sale in St Petersburg, FL

9 Beds ⋅ 7 Baths ⋅ Thorntons Add SubDv. ⋅ 33701 Zip Code

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. The 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 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.

335 5th Avenue N, St Petersburg

$1,700,000

6 Beds ⋅ 9 Baths ⋅ Thorntons Add SubDv. ⋅ 33701 Zip Code

Modern Living in Historic Old Northeast is a fully restored nine unit multifamily building combining 1925 architectural character with modern infrastructure and legal short term rental flexibility. The building has been renovated to current building and fire code - a critical distinction in this market! Due to that compliance, along with CCT-1 Corridor Commercial Traditional zoning, the property is legally eligible for transient use. In a historic neighborhood of traditional residential zoning this flexibility is rare and valuable.

326 6th Avenue N, St Petersburg

$1,000,000

4 Beds ⋅ 6 Baths ⋅ Thorntons Add SubDv. ⋅ 33701 Zip Code

This prime 6-unit multifamily property in St. Petersburg’s highly sought-after Old Northeast the neighborhood offers an exceptional opportunity for investors and owner-operators alike. Located at 548 3rd St N, a couple of blocks from downtown, this property provides a rare chance to either maximize rental income with current below-market rents or explore future redevelopment potential as this property is twice the size of a regular lot, .215 acres to be exact, just shy of a quarter acre! The property consists of four spacious one-bedroom units and two well-designed studio apartments. The property is located in a non-flood zone, meaning no costly flood insurance is required. The landlord covers the water, sewer, and garbage. All tenants pay their electric bills, one tenant has electricity included in their rent as they share the power with the common electric for the property lights, etc. Additional revenue streams include a coin-operated laundry facility with a full-size washer and dryer. Parking is plentiful, with two garages and four dedicated off-street parking spots. There is also an additional storage area that could be leased. This investment is ideally located in Old Northeast, one of St. Pete’s most desirable and historic neighborhoods. Tenants will appreciate being within walking distance of the vibrant downtown district, where they can enjoy a variety of restaurants, entertainment, and nightlife. The scenic St. Pete Pier is nearby, offering waterfront dining, museums, and events. North Shore Park and The Community Center provides access to tennis courts, green spaces, and beachside recreation, while the 4th Street Corridor is home to an array of shops, cafes, and conveniences. With strong rental demand and limited multifamily inventory in the area, this property presents a tremendous opportunity for immediate cash flow and long-term appreciation. Don’t miss the chance to own a valuable investment in one of St. Petersburg’s most dynamic and walkable locations. Schedule a private tour today and explore the possibilities this multifamily gem has to offer.

548 3rd Street N, St Petersburg

$3,500,000

4 Beds ⋅ 4 Baths ⋅ Thorntons Add SubDv. ⋅ 33701 Zip Code

Pre-Construction. To be built. PRECONSTRUCTION. TO BE BUILT. Prepare to be stunned by this jaw-dropping designer townhome located directly downtown! You will not find another more well built and unique townhome in all of St Pete. Built with ICF construction poured concrete walls and a poured concrete floor system, this home will be a true fortress. Featuring 20 ft ceilings on the bottom floor, a secondary loft area, and a completely walkable rooftop terrace, this home is here to impress and is made for entertaining! Home will also have an elevator that will take you from the bottom floor to the bedrooms on the third floor. The best part about it being pre-construction, is you, as the owner, have the ability to design the home just the way you want. This is one of two townhomes, so the home only shares one common wall with the neighboring townhome, and the lot is split in half, so you get your own private backyard, complete with a pool and detached garage. The garage is nearly 20 ft high and will feature a car lift so that you can fit two vehicles in each garage. Located just over a block from Beach Dr, you truly are living in the action of downtown!

145 5th Avenue N, St Petersburg

$899,000

Thorntons Add SubDv. ⋅ 33701 Zip Code

Location Location Location. Amazing Triplex! Just a few short blocks to Downtown St Pete. Roof replaced in 2019. Freshly painted exterior! This property is located in a Non-Evacuation Zone. Fully Rented by long-term renters. Excellent investment property! Three Stories of living space. First Floor offers 1 bed / 1 bath, has front porch and backyard with bonus room that could be an additional bedroom. Second Floor has side entrance with 2 beds, 1 bath, stackable washer/dryer hookup, as well as large sunroom. 3rd floor is a studio apartment that has private access and amazing views of Vinoy as well as the beautiful downtown and waterfront area. This property is conveniently located close to amazing restaurants, shops, parks, and so much more!

532 3rd Street N, St Petersburg

$777,000

3 Beds ⋅ 2 Baths ⋅ Thorntons Add SubDv. ⋅ 33701 Zip Code

PRICE IMPROVEMENT!!! Live the downtown St. Pete lifestyle in this versatile single-family home, zoned for both residential and commercial use. Enjoy the convenience of living, working, and playing just steps away from all downtown amenities. This charming bungalow boasts a spacious front porch enveloped by mature landscaping and tropical flowers, enclosed by a quaint picket fence. Rear parking with alley access accommodates up to 2 cars and has an EV charging station already installed, with potential for additional parking or a garage. Inside, revel in the original 1925 bungalow details, including high ceilings, archways, tall windows, Cuban tile, and hardwood floors. The home features 3 bedrooms, 2 full baths, and an updated kitchen with gas cooking. Additional highlights include a large living room, sunroom with original tile flooring, cozy dining room, and indoor laundry. Outside, unwind in the private backyard oasis with tree bench, hex block walks and patios, and a six-foot locked wooden fence for maximum privacy. The property also includes a convenient storage shed for gardening tools and a grill. This home epitomizes urban living at its finest. Don't miss out on this must-see property!

319 5th Avenue N, St Petersburg

$790,000

4 Beds ⋅ 3 Baths ⋅ Thorntons Add SubDv. ⋅ 33701 Zip Code

Nestled in the heart of the Old Northeast neighborhood, 132 6th Ave N in St. Petersburg stands as a testament to the city's rich historical tapestry. Built in the early 1920s, this charming residence exudes timeless elegance with its distinctive architectural features, including a classic bungalow design that reflects the area's heritage. The Old Northeast neighborhood itself boasts a storied past, characterized by brick-lined streets and well-preserved homes from a bygone era. As you step into 132 6th Ave N, you're transported back in time, greeted by original hardwood floors, vintage fixtures, and a beautiful Cupola that whispers tales of decades past. One unique feature of this property is the thoughtfully designed Accessory Dwelling Unit (ADU) nestled in the backyard. This additional living space not only complements the historical charm of the main house but also provides a modern touch, offering versatility for various needs. Whether used as a guest suite, home office, or rental income opportunity, the ADU seamlessly integrates with the property's historic character, creating a harmonious blend of old-world charm and contemporary convenience. In essence, 132 6th Ave N is more than a home; it's a living piece of St. Petersburg's history, offering a glimpse into the architectural heritage of the Old Northeast neighborhood while embracing the practicality of modern living.

132 6th Avenue N, St Petersburg

Browse All Thorntons Add Properties for Sale

Thorntons Add Real Estate & Homes