Commercial Sale · Multi Family (5+)
4200 37TH STREET S, ST PETERSBURG, FL, 33711
Active1 days on marketListed Aug 17, 2026MLS #TB8538746
About this property
The property at a glance
This Saint Petersburg Florida apartment complex is a Cash Cow. It's located in the brand new up-and-coming Marina District of Pinellas County. Maximo Marina is on the same street less than a half mile away. This solid block apartment building contains eight apartments. A brand new roof and the majority of the AC systems are newer. There are four, two bed one bath units and four one bed, one bath apartments. There is plenty of parking for the tenants and their guests. Rents are way under value for what the area calls for. The location is absolutely incredible and there is a huge potential for redevelopment here. ?About the location again, you can walk to many great restaurants, shopping, grocery stores, public transportation, and boat storage. ?I?t's convenient to Downtown Saint Petersburg?, our airports and the Beautiful? White Sandy Beaches? of Pinellas County?. Downtown Saint Petersburg has so many great attractions and things to do. A new state-of-the-art-pier that hosts concerts, festivals and art fairs. Take a Segway tour to see the artwork all throughout downtown. We have The Salvador Dali waterfront museum, The Rays, The Rowdies, The St Pete Grand Prix and the Albert Whitted Airport. Great for flying lessons and helicopter tours. Our area also offers some of the best boating? and fishing in Florida.? This apartment building did not flood during the hurricanes of 2024. The pictures are very accurate of the units. No photoshopping or virtual staging, 100% actual pictures. Most of the tenants have been here for years.
6,404
Building sq ft
$233
Price / sq ft
0.31
Lot acres
1974
Year built
8
Units
1
Building
NSM1
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
$186,250
Price / unit
8
Units
Estimated payment (illustrative)
Estimated payment
$8,260/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 Rui 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
18,347
Population
$68,295
Median income
38.5
Median age
2.35
Avg household
$253,100
Median home value
$1,819/mo
Median rent
1,371
Households w/ kids
Your team
The pros in your corner
Your agent
Rui Ma
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 4200 37TH STREET S — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 4200 37TH STREET S.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Rui's phone and CRM.
Listing courtesy of CENTURY 21 COAST TO COAST · Scott Nealy. MLS #TB8538746.
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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