Listed by Brad Kuskin of COMPASS FLORIDA LLC (407-203-9441)
New 2025 construction 29-unit rental portfolio in South St. Petersburg, offered as a package or individually. Four properties within a 2 mile radius: 3430 19th Ave S (11 units, 6 buildings, built 2025), 3451 19th Ave S (9 units, 5 buildings, built 2025), 301 to 329 49th St S (5 units, 3 buildings, built 2021) and 1519 to 1529 22nd St S (4 units, 2 buildings, built 2021). 13 two story duplex buildings and 3 single family residences, all 3 bedroom plans; duplex units are 3 bed / 2.5 bath townhome style plans of approximately 1,604 SF with great room and kitchen down, 3 bedrooms up, in unit laundry connections, individual central air and off street parking. Concrete block construction with stucco (frame with stucco at 49th St S), shingle and tile roofs, impact-rated windows at the 19th Ave S properties. 100% leased; 22 of 29 units are under Housing Choice Voucher contracts with the St. Petersburg and Pinellas County housing authorities and roughly 63% of scheduled rent is paid directly by the authorities each month; 7 units lease at market rate. Scheduled rent $975,228 per year ($81,269 per month). Tenants pay electric and water (owner pays water at 22nd St S only); ownership carries taxes, insurance and lawn care. No deferred maintenance, no capital program. 19th Ave S pair is 1 block from 34th St S (US 19), 2 miles from the Historic Gas Plant District redevelopment and 3.5 miles from downtown St. Petersburg. Offering memorandum, rent rolls and housing assistance documentation available upon execution of a non disclosure agreement. Pricing: entire portfolio $11,400,000; 19th Ave S pair $7,800,000; 3430 19th Ave S $4,316,000; 3451 19th Ave S $3,484,000; 49th St S $2,200,000; 22nd St S $1,400,000. Do not disturb residents; no signage at the properties.

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Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 8, 2026 7:34 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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