Commercial Sale · Multi Family (5+)
7025 HIBISCUS AVENUE S, SOUTH PASADENA, FL, 33707
Active12 days on marketListed Oct 9, 2026MLS #TB8555883
About this property
The property at a glance
Beautiful South Pasadena apartment building. Exceptional opportunity to acquire Hibiscus Place Apartments, a rare,12-Unit Multifamily Investment in South Pasadena, Florida. This architecturally unique, high-demand, apartment building features a private central courtyard which showcases a double return central staircase and is located in an upscale residential neighborhood only one block from Boca Ciega Bay. The property is currently 100% occupied, generating approximately $228,920 in annual gross income. The offering represents an attractive opportunity to acquire an established, income-producing multifamily asset in a highly sought-after Gulf Coast location at a 5.4% cap rate. 12 units - Two 2 bedroom/2 bath, Two 2 bedroom/1 bath and Eight 1 bedroom/1 bath. In last 5 yrs - 30 year roof coating 2023, 5 new air conditioning units, updated laundry facilities, multiple kitchen/ bathroom/ flooring/ appliances, two asphalt parking lots updated and maintained regularly, landscape upgrades. 16 parking spaces (10 in front and second lot in the back. Short drive to St Pete Beach. Walk to shopping and restaurants.
8,834
Building sq ft
$321
Price / sq ft
0.34
Lot acres
1974
Year built
12
Units
1
Building
Multi Family (5+)
Property type
The numbers
Investment snapshot
$236,127
Price / unit
12
Units
Estimated payment (illustrative)
Estimated payment
$16,884/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Cindy to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,673
Population
$78,470
Median income
57
Median age
2
Avg household
$346,631
Median home value
$1,487/mo
Median rent
121
Households w/ kids
Consumer profile
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
This population swims against the tide of mainstream culture. Common interests include old music, antiques, and alternative diets (i.e., veganism).
These people aren't afraid to nerd out. Common activities include comic books, video games, and often intellectual pursuits.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Recent sales
What actually sold near 7025 HIBISCUS AVENUE S
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,800,000
510 70TH AVENUE
7,750 sqft · $361/sqft · Sold Mar 15, 2026
$2,925,000
8630 BLIND PASS ROAD
10,964 sqft · $267/sqft · Sold Jul 31, 2026
$925,000
5845 FAIRFIELD AVENUE S
6,384 sqft · $145/sqft · Sold Jun 26, 2026
Your team
The pros in your corner
Your agent
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 7025 HIBISCUS AVENUE S — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 7025 HIBISCUS AVENUE S.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked.
Listing courtesy of VIEWPOINT REALTY INTERNATIONAL · Georgette Gillis. MLS #TB8555883.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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