Liv at Villa Serena
About This Property
Marketing description
Liv @ Villa Serena presents a rare opportunity to acquire a 9-unit multifamily asset in the highly desirable Old Northeast neighborhood of St. Petersburg, just steps from Beach Drive and the downtown waterfront. The property benefits from exceptional walkability to premier dining, retail, and cultural amenities, positioning it within one of the most sought-after rental pockets in the Tampa Bay area.
The asset is well maintained with rents near market, while offering investors the ability to unlock additional value through interior upgrades and overall property enhancement. A new owner may benefit from condo-conversion, or a redevelopment to for-sale units or homes. Ownership is open to seller financing and/or a potential joint venture on redevelopment opportunities.
Investment highlights
- Attractive unit mix with in-unit laundry in 8 of 9 units
- Value-add opportunity with new roof (2022)
- Majority large 1-bed 1-bath units
- Trophy location
- Owner open to joint venture opportunities and seller financing
- Frontage on beautiful Beach Drive and NOT in a flood zone
- Less than 1-mile to Central Ave and Downtown Saint Petersburg
- Steps away from Vinoy Park and Nationally renowned Vinoy Resort
- Within affluent "Old Northeast" neighborhood
Listing Contacts
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