335 5th Avenue N, Saint Petersburg, FL 33701
Local realty services provided by:CENTURY 21 Link Realty, Inc.
Listed by: kyle collins, christopher rogers
Office: re/max action first of florida
MLS#:TB8523860
Source:MFRMLS
Price summary
- Price:$1,490,000
- Price per sq. ft.:$428.78
About this home
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 $1,490,00 Offer 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. Please contact the Listing Agent for financial details, additional information regarding the Property and Offering, and to schedule a tour of the Property....
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Home facts
- Year built:1925
- Listing ID #:TB8523860
- Added:5 day(s) ago
- Updated:July 03, 2026 at 04:53 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:7
- Flooring:Vinyl
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Kitchen/Family Room Combo
- Basement Description:Crawlspace
- Living area:3,475 sq. ft.
Heating and cooling
- Cooling:Mini-Split Unit(s)
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:3,475 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Near Public Transit, Private
- Construction Materials:Frame, Vinyl Siding
- Exterior Features:Courtyard, Outdoor Grill
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,490,000
- Price per sq. ft.:$428.78
- Tax amount:$12,057 (2025)
Features and amenities
- Amenities:Cable Available, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
- Pool features:Public Pool
Parking
- Parking description:Garage Faces Rear, Off Street, On Street
- Garage:Yes
- Garage spaces:2
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Copyright 2026 Stellar Mls. All rights reserved. MFRMLS Member Broker: Danielle DeCarboNew listings near 335 5th Avenue N
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