$1,490,000
335 5th Avenue N Saint Petersburg, FL 33701
For Sale MLS# TB8523860
9 beds 7 baths 3,475 sq ft Multi-family
Details for 335 5th Avenue N
MLS# TB8523860
Description for 335 5th Avenue N, Saint Petersburg, FL, 33701
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.
Listing Information
Property Type: Residential, Quadruplex
Status: Active
Bedrooms: 9
Bathrooms: 7
Lot Size: 0.16 Acres
Square Feet: 3,475 sq ft
Year Built: 1925
Garage: Yes
Stories: 2 Story
Construction: Vinyl Siding,Wood Frame
Subdivision: Thorntons Add
Foundation: Crawlspace
County: Pinellas
Interior Features
Flooring: Vinyl
Basement: Crawl Space
Additional Interior Features: Living/Dining Room, Kitchen/Family Room Combo, Open Floorplan
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,Municipal Utilities,Sewer Connected,Water Connected
Cooling: Ductless
Heating: Electric
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Off Street, on street, Garage Faces Rear
Roof: Shingle
Lot Dimensions: 56x127
Additional Exterior/Lot Features: Courtyard, Outdoor Grill, Near Public Transit, Private
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 3392
Unit 1 Baths Total: 1
Unit 1 Beds Total: 3
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1804
Unit 2 Baths Total: 1
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1804
Unit 3 Baths Total: 1
Unit 4 Units Total: 1
Unit 4 Actual Rent: 1804
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 5 Units Total: 1
Unit 5 Actual Rent: 1804
Unit 5 Baths Total: 1
Unit 5 Beds Total: 1
Unit 6 Units Total: 1
Unit 6 Actual Rent: 1804
Unit 6 Baths Total: 1
Unit 6 Beds Total: 2
Driving Directions
The 335 On Fifth Avenue Apartments 335 5th Avenue North, St. Petersburg, Florida 33701 / Driving Directions From its intersection with Central Avenue in downtown St Pete, proceed north on 3rd Street N to 5th Avenue N, turn left (west) and proceed to the Property located at 335 5th Ave N situated on the right (north) side of 5th Avenue N.
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 18-31-17-90576-003-0100
Tax Amount: 12057.11
Tax Year: 2025
A broker reciprocity listing courtesy: RE/MAX ACTION FIRST OF FLORIDA
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 335 5th Avenue N
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 335 5th Avenue N
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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