See Home Value
$1,404,052*
House - Off Market

316 8TH AVENUE NE

ST PETERSBURG, FL 33701
bedrooms
8 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
4329 Sqft
$1,080,000 - $1,320,000
Reference Base Price*
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

BACK ON THE MARKET!!  Buyer's financing fell through.  Look no further, this fantastic income property in the heart of Old Northeast is exactly what you're looking for! Just steps from DTSP and Vinoy Park, the location could not be better and with multifamily land use the possibilities are endless. The massive 3,627 square foot main house consists of six bedrooms and 4 ½ baths currently bringing in $4,425 per month. Walking inside you will see the living room on the right, and the large bedroom with ensuite bath on the left. The updated kitchen with granite countertops and breakfast nook are located beyond the living room. Continue to the back where there is a half bath and laundry room. Narrow plank hardwood floors and a grand staircase give a nod to this home's original 1940s character. Upstairs you will find another large bedroom with ensuite bathroom, two more bedrooms and a full bath. But wait, there's more! Keep walking up to the third floor and there are two more bedrooms and another full bath. Out back is a large courtyard with plenty of shade trees and space for entertaining. On the back of this very large lot is another 2 bed, 1 bath unit with central AC, which is rented for $1,700 per month which brings the grand total to $6,125/month or $73,500/year! Plenty of storage space can be found in the separate 1 car garage, 1 car carport and 2 car garage. The large garage includes a second laundry space and might even be converted to another rental unit. This excellent property has been well-maintained and includes a newer ROOF (2015), newer WINDOWS (2016) and has been very significantly UPDATED in the last 3 years! Move your family into this beautiful neighborhood or sit back and collect that income, the choice is yours. Either way, this home will not last, schedule your showing today! (Current zoning is 0810: Single family with more than one house per parcel and current land use is multifamily. Net annual income is estimated.  Room sizes are approximate).

The manager has listed the unit size as 4329 square feet.
Unit Size
4,329Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$277
Property Type
House
Property Taxes
$1,306
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Jan 3, 2023 Sold to Bailey Mcclanathan, Sean Lux $1,500,000
Sold to Bailey Mcclanathan, Sean Lux
Jan 1, 2023 No longer available -
No longer available
Dec 12, 2022 In contract -
In contract
Dec 3, 2022 Price Decreased $1,990,000
↓ $9K (0.5%)
Price Decreased
Nov 19, 2022 Price Decreased $1,999,000
↓ $101K (4.8%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Parking Available
Garage


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
3,184 ft²
$369/ft²
$1,175,000 Dec 6, 2023
$1,175,000 Apr 5, 2024
$243/mo
House
4 Beds
3 Baths
2,816 ft²
$391/ft²
$1,100,000 Mar 28, 2023
$1,100,000 Apr 19, 2023
$642/mo
House
4 Beds
2 Baths
2,586 ft²
$445/ft²
$1,150,000 May 18, 2023
$1,150,000 Oct 4, 2023
$1,372/mo
House
3 Beds
3 Baths
2,014 ft²
$596/ft²
$1,200,000 Apr 6, 2023
$1,200,000 Aug 31, 2023
$1,013/mo
House
3 Beds
3 Baths
2,029 ft²
$628/ft²
$1,275,000 Feb 22, 2024
$1,275,000 Apr 12, 2024
$1,545/mo
House
5 Beds
4 Baths
2,140 ft²
$474/ft²
$1,015,000 Mar 3, 2023
$1,015,000 Jul 10, 2023
$1,321/mo
House
4 Beds
3 Baths
3,054 ft²
$458/ft²
$1,399,000 Sep 20, 2023
-
$1,750/mo
House
4 Beds
3 Baths
2,168 ft²
$599/ft²
$1,299,000 Mar 18, 2024
-
$1,750/mo
Multifamily
9 Beds
6 Baths
3,203 ft²
$311/ft²
$995,000 Mar 26, 2023
-
$545/mo
House
5 Beds
3 Baths
2,232 ft²
$470/ft²
$1,049,000 Dec 15, 2023
-
$456/mo
House
3 Beds
2 Baths
1,944 ft²
$553/ft²
$1,075,000 Apr 10, 2024
-
$133/mo
House
3 Beds
3 Baths
1,932 ft²
$621/ft²
$1,199,000 Mar 12, 2024
-
$334/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220819
08/19/2022
6 Bed
4.5 Bath
4329 ft²
$2,190,000
bedrooms
6 Bed
bathrooms
4.5 Bath
square feet
4329 ft²
-
-
-
Justin Smith
Exp Realty
20201110
11/10/2020
Studio
-
4329 ft²
$1,325,000
bedrooms
Studio
bathrooms
-
square feet
4329 ft²
-
-
-
Jeff Thomsen
REALEAN EVOLVE REAL ESTATE

Building Info

316 8th Avenue Northeast 316 8th Avenue Northeast, Saint Petersburg, FL 33701
More about this Building
316 8th Avenue Northeast
Want to find out who owns 316 8th Avenue Northeast, Saint Petersburg, FL 33701? Get detailed property transactions here .

About Historic Old Northeast


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