About 255 6th Avenue N
One of Downtown St. Petersburg's rarest offerings — a historic 1925 six-unit apartment building situated steps from Historic Old Northeast in Flood Zone X. The two-story wood-frame building features 5 one-bedroom/one-bath units plus an efficiency, individually metered electric, and a 2021 roof replacement already complete. Current rents are significantly below the appraiser's concluded value and represent significant income upside with rent stabilization in gross annual potential. Grandfathered 6-unit use under NT-2 zoning protects the income-producing asset in a neighborhood where comparable new supply simply cannot be built. Value-add investors will appreciate the vacancy/rent-up story, the density efficiency, and a location that commands premium tenants with minimal concessions. A genuine value-add play in a submarket that rarely offers one. Dont miss out on the investment opportunity. Contact the listing agent for a duel portfolio marketing plan for this and 247 6th ave n.
Features of 255 6th Avenue N
| MLS® # | TB8522549 |
|---|---|
| Price | $1,200,000 |
| Square Footage | 3,234 |
| Acres | 0.08 |
| Year Built | 1925 |
| Type | Commercial Sale |
| Sub-Type | Multi Family (5+) |
| Status | Active |
Community Information
| Address | 255 6th Avenue N |
|---|---|
| Area | St Pete |
| Subdivision | KINYONS H H ADD |
| City | ST PETERSBURG |
| County | Pinellas |
| State | FL |
| Zip Code | 33701 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Dishwasher |
|---|---|
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Shingle |
|---|---|
| Foundation | Pillar/Post/Pier |
Additional Information
| Date Listed | June 23rd, 2026 |
|---|---|
| Days on Market | 16 |
| Zoning | MULTI-FAM |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SUNSHINEAGLE LLC |
|---|