A standout income-producing opportunity, 135 N.E. Madison Circle N. delivers the kind of reliability, condition, and location that investors look for but rarely find. This well-kept five-unit building features four 1-bedroom residences and one spacious 2-bedroom unit, offering a balanced mix of rental appeal and steady occupancy. The exterior presents beautifully, with clean lines, fresh paint from just a couple of years ago, and new gutters that efficiently manage rainwater. Each unit is equipped with a screen door, allowing residents to enjoy natural airflow and Florida’s breezes. Inside, Units #1, #4, and #5 have been upgraded with new baths, kitchen cabinetry, and appliances, elevating both comfort and rental value. Every resident benefits from separate water and sewer meters, a rare and desirable feature that keeps operating expenses predictable and streamlined. There is a Strong Appeal for Tenants as The property sits just off the highly traveled 4th Street N. corridor, one of St. Petersburg’s most convenient and amenity-rich stretches. Shopping, restaurants, grocery stores, automotive services, and countless daily conveniences line the corridor, making life easy for residents and keeping demand consistently high. A Location That Drives Long-Term Value Beyond the immediate conveniences, the property is minutes from the world-famous Gulf beaches, St. Pete–Clearwater and Tampa International Airports, and vibrant downtown St. Petersburg. Art, culture, dining, and entertainment—including the renowned Dali Museum—are all within quick reach, reinforcing the property’s desirability for both short- and long-term tenants. This is a rare chance to acquire a clean, well-maintained, income-producing asset in one of St. Petersburg’s most accessible and high-demand areas. NO HURRICANE OR FLOOD DAMAGE !
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. 727-828-8615
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