Sixteen Unit Multifamily Portfolio | Historic Old Northeast | Historic Uptown, Saint Petersburg, Florida

Holly House
211 7th Avenue North,
Saint Petersburg, FL 33701
APN 18-31-17-23850-002-0150

Historic Old Northeast | 8 Units | Built 1925

727 7th Avenue North
Saint Petersburg, FL 33701
APN 18-31-17-46836-002-0110
Historic Uptown | 8 Units | Built 1910

THE PORTFOLIO The Holly House Portfolio pairs two early twentieth century multifamily properties in the most established historic residential neighborhoods north of downtown Saint Petersburg. Offered together at $2,790,000, or$174,375 per unit, the portfolio totals 16 units across 7,804 square feet, sits 100% occupied as of May 2026, and produces $247,800 in current annual revenue with a capital light path to materially higher income. Holly House, at 211 7th Avenue North, anchors the portfolio in the Historic Old Northeast, the first neighborhood the City of Saint Petersburg officially designated, platted in 1911.

Built in 1925, it holds eight units across a frame front building and a rear structure of concrete block with stucco at grade and frame above, a configuration that pairs the streetscape character of the front building with the added unit count and garage income of the rear.

727 7th Avenue North sits less than half a mile west in Historic Uptown. Built in 1910, it is the older of the two assets and follows the same logic, a frame front building paired with a rear structure (addressed 725 7th Avenue North) of block and stucco at grade with frame above, one block off the 4th Street North commercial corridor. The two assets sit within half a mile of each other, and that proximity is the operating thesis: a single management infrastructure, one vendor network, and unified oversight across all 16 units in two of the city’s most durable rental submarkets. For a local or regional operator, this is an efficient, self contained portfolio at a basis that delivers institutional grade underwriting at a scale a single buyer can execute.