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6538 42nd Avenue N, Kenneth City, FL 33709

Local realty services provided by:CENTURY 21 Selling Paradise
6538 42nd Avenue N,Kenneth City, FL 33709
$1,990,000
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  • 16 Beds
  • 8 Baths
  • 5,028 sq. ft.
  • Multi-family
  • Active
Listed by: bailey bjugan
Office: dalton wade inc
MLS#:TB8458243
Source:MFRMLS

Price summary

  • Price:$1,990,000
  • Price per sq. ft.:$346.93

About this home

Introducing a premier multifamily investment opportunity in St. Petersburg, Florida. This fully renovated eight-unit commercial property delivers immediate cash flow with a proven rental history. The asset consists of eight spacious two-bedroom, one-bathroom units situated across four separate buildings, complemented by a private on-site parking lot. The property is fully leased and has been comprehensively updated, making it a true turnkey addition to any investment portfolio. All major capital improvements have already been completed, significantly reducing future maintenance exposure. Updates include new roofs on all buildings, updated windows, individual HVAC systems, added insulation for improved energy efficiency and pest prevention, and in-unit washers and dryers throughout. Exterior improvements enhance long-term value and tenant appeal, featuring upgraded landscaping, new fencing, fresh exterior paint, and a dedicated bike rack for residents. Each unit has been thoughtfully

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Home facts

  • Year built:1958
  • Listing ID #:TB8458243
  • Added:1 day(s) ago
  • Updated:December 23, 2025 at 12:57 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Living area:5,028 sq. ft.

Heating and cooling

  • Cooling:Mini-Split Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:1958
  • Building area:5,028 sq. ft.
  • Lot area:0.38 Acres

Schools

  • High school:Dixie Hollins High-PN
  • Middle school:Tyrone Middle-PN
  • Elementary school:Westgate Elementary-PN

Utilities

  • Water:Public
  • Sewer:Public, Public Sewer

Finances and disclosures

  • Price:$1,990,000
  • Price per sq. ft.:$346.93
  • Tax amount:$25,553 (2024)
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