ST PETERSBURG, FL 33704 3103 16TH STREET N

3103 16TH STREET N ST PETERSBURG, FL - Image 13103 16TH STREET N ST PETERSBURG, FL - Image 23103 16TH STREET N ST PETERSBURG, FL - Image 3
57 more
3103 16TH STREET N ST PETERSBURG, FL - Image 43103 16TH STREET N ST PETERSBURG, FL - Image 53103 16TH STREET N ST PETERSBURG, FL - Image 63103 16TH STREET N ST PETERSBURG, FL - Image 73103 16TH STREET N ST PETERSBURG, FL - Image 83103 16TH STREET N ST PETERSBURG, FL - Image 93103 16TH STREET N ST PETERSBURG, FL - Image 103103 16TH STREET N ST PETERSBURG, FL - Image 113103 16TH STREET N ST PETERSBURG, FL - Image 123103 16TH STREET N ST PETERSBURG, FL - Image 133103 16TH STREET N ST PETERSBURG, FL - Image 143103 16TH STREET N ST PETERSBURG, FL - Image 153103 16TH STREET N ST PETERSBURG, FL - Image 163103 16TH STREET N ST PETERSBURG, FL - Image 173103 16TH STREET N ST PETERSBURG, FL - Image 183103 16TH STREET N ST PETERSBURG, FL - Image 193103 16TH STREET N ST PETERSBURG, FL - Image 203103 16TH STREET N ST PETERSBURG, FL - Image 213103 16TH STREET N ST PETERSBURG, FL - Image 223103 16TH STREET N ST PETERSBURG, FL - Image 233103 16TH STREET N ST PETERSBURG, FL - Image 243103 16TH STREET N ST PETERSBURG, FL - Image 253103 16TH STREET N ST PETERSBURG, FL - Image 263103 16TH STREET N ST PETERSBURG, FL - Image 273103 16TH STREET N ST PETERSBURG, FL - Image 283103 16TH STREET N ST PETERSBURG, FL - Image 293103 16TH STREET N ST PETERSBURG, FL - Image 303103 16TH STREET N ST PETERSBURG, FL - Image 313103 16TH STREET N ST PETERSBURG, FL - Image 323103 16TH STREET N ST PETERSBURG, FL - Image 333103 16TH STREET N ST PETERSBURG, FL - Image 343103 16TH STREET N ST PETERSBURG, FL - Image 353103 16TH STREET N ST PETERSBURG, FL - Image 363103 16TH STREET N ST PETERSBURG, FL - Image 373103 16TH STREET N ST PETERSBURG, FL - Image 383103 16TH STREET N ST PETERSBURG, FL - Image 393103 16TH STREET N ST PETERSBURG, FL - Image 403103 16TH STREET N ST PETERSBURG, FL - Image 413103 16TH STREET N ST PETERSBURG, FL - Image 423103 16TH STREET N ST PETERSBURG, FL - Image 433103 16TH STREET N ST PETERSBURG, FL - Image 443103 16TH STREET N ST PETERSBURG, FL - Image 453103 16TH STREET N ST PETERSBURG, FL - Image 463103 16TH STREET N ST PETERSBURG, FL - Image 473103 16TH STREET N ST PETERSBURG, FL - Image 483103 16TH STREET N ST PETERSBURG, FL - Image 493103 16TH STREET N ST PETERSBURG, FL - Image 503103 16TH STREET N ST PETERSBURG, FL - Image 513103 16TH STREET N ST PETERSBURG, FL - Image 523103 16TH STREET N ST PETERSBURG, FL - Image 533103 16TH STREET N ST PETERSBURG, FL - Image 543103 16TH STREET N ST PETERSBURG, FL - Image 553103 16TH STREET N ST PETERSBURG, FL - Image 563103 16TH STREET N ST PETERSBURG, FL - Image 573103 16TH STREET N ST PETERSBURG, FL - Image 583103 16TH STREET N ST PETERSBURG, FL - Image 593103 16TH STREET N ST PETERSBURG, FL - Image 603103 16TH STREET N ST PETERSBURG, FL - Image 61
Presented By: EXP REALTY LLC with 888-883-8509. - 888-883-8509
  • MLS# TB8449162
  • 11/20/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Homepride Group at EXP Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 2,680

Home Details

Introducing Blue Pelican, a brand-new commercial-quality quadplex rebuilt from the studs up. Only portions of the exterior framing and slab remain—every other major component is new, including the electrical system and panels, plumbing, roof, HVAC, siding, impact-rated windows and doors, driveway, insulation, drywall, upscale kitchens and bathrooms, and all interior finishes. The property also features a commercial fire sprinkler system and a commercial fire alarm system, offering insurance advantages, enhanced safety, and long-term durability rarely found in small multifamily assets. The building lives more like a newly constructed boutique apartment building than a traditional four-unit. Each residence has been fully redesigned with modern layouts and high-end finishes, and one of the units is fully ADA compliant with an exterior wheelchair-accessible ramp. Additional upgrades such as designated bicycle parking and thoughtful site enhancements help ensure low-maintenance ownership for years to come. The owners are currently replicating this project with the mirror-image property next door at 3101 16th St N, which will be completed as “Green Pelican” and will match Blue Pelican in layout, quality, and commercial-grade upgrades, with the only difference being a Seafoam Green exterior. Once completed, this will enhance the overall appeal and value of Blue Pelican, and a future purchaser will have the opportunity to acquire both properties for a cohesive and highly attractive 8-unit investment. Fully leased the property will deliver a total monthly rental income of $8,825 plus an additional $200/month in reimbursement for water and trash, bringing the annual gross income to approximately $108,300. All units are separately metered for electric, creating an efficient and predictable utility structure. Given the complete redevelopment and commercial-grade systems, future capital expenditure needs are minimal. Based on typical operating metrics for a brand-new, impact-rated multifamily building in Florida, the projected NOI supports a strong cap rate at list price. With rental upside over time, the pro forma performance trends even stronger. Blue Pelican presents a rare opportunity to acquire a true turnkey, fully rebuilt income-producing asset with commercial-level construction quality, modern design, and stabilized rent roll—all in a growing, high-demand market near downtown St Pete and right around the corner from Crescent Lake.
Presented By: EXP REALTY LLC with 888-883-8509. - 888-883-8509

Interior Features for 3103 16TH STREET N

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourcePublic Records
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLuxury Vinyl, Tile
Heating Y/NYes
Interior AmenitiesAccessibility Features, Ceiling Fan(s), Chair Rail, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Window Treatments
Laundry FeaturesElectric Dryer Hookup, In Kitchen, Inside, Laundry Closet, Washer Hookup
Window FeaturesBlinds

General for 3103 16TH STREET N

AccessibilityAccessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Central Living Area, Accessible Washer/Dryer
Additional Parcels Y/NNo
AppliancesConvection Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator
Building Area UnitsSquare Feet
Carport Y/NNo
CityST PETERSBURG
Construction MaterialsHardiPlank Type, Wood Frame
CoolingCentral Air
CountyPinellas
DirectionsHeading south on 275 from Tampa take exit 24 for 22nd Ave N. Head east on 22nd Ave N, take a left on 16th St N to head north 8 blocks and you will see the Blue Pelican building on the right.
DockY/NNo
Elementary SchoolJohn M Sexton Elementary-PN
Flood Zone CodeX
Flood Zone Code XY
Garage Y/NNo
Gross Income108300
HeatingCentral
High SchoolSt. Petersburg High-PN
Land Lease Y/NNo
Legal DescriptionSUMMIT PARK BLK A, LOT 23 & N 1/2 OF LOT 22
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet8107
Lot Size UnitsSquare Feet
MLS Area33704 - St Pete/Euclid
Middle/Junior High SchoolMeadowlawn Middle-PN
New ConstructionNo
Number Of Units Total4
Occupancy TypeVacant
Ok to Lease12 Months
OwnershipFee Simple
Patio/Porch FeaturesCovered, Deck, Rear Porch, Side Porch
Property ConditionCompleted
Property SubtypeQuadruplex
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSUMMIT PARK
Tax Annual Amount9172.33
Tax Lot23
Tax Year2024
Tenant PaysElectricity, Gas
Total Actual Rent9025
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Water - Multiple Meters, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1985

Exterior for 3103 16TH STREET N

Exterior AmenitiesBalcony, Courtyard, Dog Run, Fenced, Lighting, Private Entrance, Private Mailbox, Sidewalk
Foundation DetailsSlab
Lot Dimensions70 x 115
Lot Size Acres0.19
Lot Size Area8107
Number of Buildings1
Number of Lots1
Number of Separate Electric Meters4
Number of Separate Water Meters2
Parking FeaturesDriveway, Off Street, Parking Pad
Private PoolNo
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Steven Pugh

Broker Associate | Team Leader
Price $1,199,000
MLS#TB8449162
List Date 11/20/2025
Property Type Income
Request Tour
Request Info
Visit My Website

Similar Properties to 3103 16TH STREET N

MLS® Disclaimer

MLS Logo Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.

33. Required DMCA Notice

DMCA Disclaimer

The Digital Millennium Copyright Act of 1998, 17 U.S.C. §512, the DMCA, provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owners behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.