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503 & 509 69th Avenue, 
St Pete Beach, FL 33706

$800,000


4

Beds


5

Baths


2,094

Sq Ft


Multi-Family


Virtual Tour

Pending

Listed by

Valerie Mcclary

eXp Realty LLC.

Last updated:

January 18, 2026, 09:11 AM

MLS#

TB8337608

Source:

MFRMLS

About This Home

503 & 509 69th Avenue

Income-Producing Properties Offered as Part of a (3-Lot) St. Pete Beach Portfolio. This price does NOT include the vacant lot. Pricing on the 2 income properties creates an 8% CAP rate. These 2 income-producing lots are being sold together as part of a larger 3 -property portfolio, which also includes an additional vacant lot—creating a rare and strategic redevelopment opportunity in the heart of St. Pete Beach. (Note: a 10-unit 2 lot opportunity can also create a larger portfolio - call for details). Spanning CC-2 Commercial Corridor and UBV Urban Beach Village zoning, the portfolio offers exceptional flexibility for redevelopment, including short-term rentable townhomes, boutique lodging, or mixed-use concepts. The existing duplexes have consistently generated income, allowing buyers to benefit from cash flow while planning future development. This package represents one of the lowest price-per-square-foot income-producing opportunities currently available in St. Pete Beach (excluding the vacant lot), making it a compelling option for investors focused on equity growth and long-term upside. Portfolio Highlights: **3 total lots (over 15,000 sq. ft. of land) **5 existing rental units plus 1 vacant lot **Proven rental history with established tenants **Zoning that supports vacation rentals and redevelopment **Prime location near beaches, dining, and entertainment **Owner willing to offer up to 50% seller financing Whether your goal is to hold for cash flow, reposition and redevelop, or secure a rare multi-lot footprint in one of Florida’s strongest beach rental markets, this portfolio delivers unmatched flexibility and value. Opportunities of this scale and zoning diversity in St. Pete Beach are increasingly rare. Inquire today for details and to explore the full potential of this three-property offering or a five-property (15 rentals & vacant lot) offering.

Home Facts

Multi-Family

5 Baths

4 Bedrooms

Built in 1941

Price Summary

800,000

$382 per Sq. Ft.

MLS #:

TB8337608

Last Updated:

January 18, 2026, 09:11 AM

Added:

a year ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

5

Interior

Living Area:

2,094 Sq. Ft.


Structure

Structure

Building Area:

2,094 Sq. Ft.

Year Built:

1941


Lot

Lot Size (Sq. Ft):

15,000


Finances & Disclosures

Finances

Price:

$800,000

Price per Sq. Ft:

$382 per Sq. Ft.

MLS Logo
The information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. eXp Realty LLC. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of eXp Realty LLC., a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.