CENTURY 21 Edge
✦ Multi Family (5+)

Commercial Sale · Multi Family (5+)

$1,295,0003,608 sq ft$359 /sq ft0.1 acres10 units

649 7TH AVENUE N, ST PETERSBURG, FL, 33701

Active8 days on marketListed Oct 13, 2026MLS #TB8556459

About this property

The property at a glance

Multi Family Property for Sale | Treasure Bay Apartments – Historic Uptown, St. Petersburg, FL Discover an exceptional opportunity to own property in St. Petersburg’s desirable Historic Uptown neighborhood. Treasure Bay Apartments is situated in a vibrant, established area known for its walkability, proximity to downtown, and convenient access to popular dining, entertainment, cultural attractions, and waterfront destinations. Ideally located just minutes from Downtown St. Petersburg and the lively Central Avenue district, this property benefits from a sought-after location surrounded by local restaurants, cafés, breweries, museums, parks, and other popular destinations. The neighborhood offers convenient access to Mirror Lake Park, the St. Pete Pier, waterfront green spaces, and the area's renowned Gulf beaches. Prime Location Highlights: Located in the desirable Historic Uptown neighborhood of St. Petersburg Minutes from Downtown St. Pete and Central Avenue Convenient access to restaurants, cafés, breweries, and entertainment venues Close to waterfront parks, recreational areas, and scenic biking trails Near popular cultural attractions, including Sunken Gardens and the Museum of Fine Arts Short drive to the area's beautiful Gulf beaches Surrounded by established residential neighborhoods and local amenities St. Petersburg continues to attract residents and visitors with its vibrant arts scene, coastal lifestyle, diverse dining options, and year-round entertainment. Treasure Bay Apartments offers buyers the opportunity to acquire property in a well-established location with convenient access to the many amenities that make this area highly desirable. Don't miss this opportunity to own property in one of St. Petersburg's sought-after neighborhoods. Contact us today for additional information and to schedule a property tour.

3,608

Building sq ft

$359

Price / sq ft

0.1

Lot acres

1950

Year built

10

Units

2

Buildings

Multi Family (5+)

Property type

Building size3,608 sq ft
Lot size0.1 acres
Year built1950
Units10
Buildings2
ConstructionBlock
CoolingWall/Window Unit(s)
Annual taxes$9,685

The numbers

Investment snapshot

$129,500

Price / unit

10

Units

Estimated payment (illustrative)

Down payment25% · $323,750
Interest rate7.50%
Loan term

Estimated payment

$7,758/mo

Principal & interest$6,791
Property taxes (actual bill)$807
Est. insurance$160

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 Leila to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

5,100vehicles / day · 2025Alley to Dr Martin Luther Kin · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

9th Avenue North & Crescent Lake Drivebus stop0.1 mi
Millennium Youth ParkPark0.1 mi
9th Avenue North & 7th Street Northbus stop0.1 mi
9th Avenue North & 7th Street Northbus stop0.1 mi
9th Avenue North & 5th Street Northbus stop0.1 mi
5th Avenue North & 5th Street Northbus stop0.2 mi
5th Avenue North & Dartmoor Street Northbus stop0.2 mi
5th Avenue North & Grove Street Northbus stop0.2 mi
Highland Street North & 9th Avenue Northbus stop0.2 mi
VerizonRetail0.2 mi
8th Street North & Highland Street Northbus stop0.2 mi
Highland Street North & 7th Avenue Northbus stop0.2 mi
StarbucksRestaurant0.2 mi
4th Street North & 6th Avenue Northbus stop0.2 mi
Foxtail CoffeeRestaurant0.2 mi
9th Avenue North & Dartmoor Street Northbus stop0.2 mi
4th Street North & 9th Avenue Northbus stop0.2 mi
9th Avenue North & 5th Street Northbus stop0.2 mi
ChipotleRestaurant0.2 mi
Jimmy John'sRestaurant0.2 mi
9th Avenue North & 8th Street Northbus stop0.2 mi
4th Street North & 8th Avenue Northbus stop0.2 mi
9th Avenue North & Dartmoor Street Northbus stop0.2 mi
4th Street North & 6th Avenue Northbus stop0.2 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

3,698

Population

$72,026

Median income

36

Median age

2

Avg household

$501,273

Median home value

$1,308/mo

Median rent

204

Households w/ kids

Consumer profile

Yoga AdvocatesTop 3%

Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.

Body ArtTop 5%

Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.

Mindfulness & SpiritualityTop 10%

Seeking peace and well-being through meditation, gratitude and spirituality.

Artistic AppreciationTop 10%

Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.

LGBTQ CultureTop 11%

This population is characterized by the expression of gay pride, gender identity, and accepting alternative lifestyles.

Coffee ConnoisseurTop 12%

Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.

Recent sales

What actually sold near 649 7TH AVENUE N

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1121 BEACH DRIVE NE

$1,325,000

1121 BEACH DRIVE NE

3,078 sqft · $430/sqft · Sold May 5, 2026

108 7TH AVENUE N

$1,075,000

108 7TH AVENUE N

3,276 sqft · $328/sqft · Sold Mar 31, 2026

247 6TH AVENUE N

$850,000

247 6TH AVENUE N

2,186 sqft · $389/sqft · Sold Sep 23, 2026

Your team

The pros in your corner

Leila Sabat

Your agent

Leila Sabat

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 649 7TH AVENUE N — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 649 7TH AVENUE N.

See it in person

Schedule a tour

Live availability from Leila's calendar — pick a time and it's booked.

Listing courtesy of PHILLIP SCOTT MANAGEMENT & INV · Roy Degoa. MLS #TB8556459.

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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649 7TH AVENUE N, ST PETERSBURG, FL — $1,295,000 | CENTURY 21 Edge