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$2,833,525
7 Days On Site

7025 HIBISCUS AVENUE S
SOUTH PASADENA, FL 33707

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
8,834
SqFt
$321
/SqFt
1974
Built
Subdivision:
PASADENA ON THE GULF SEC C
County:
Pinellas
Call Now: 321-804-3112
Is this the listing for you? We can help make it yours.
321-804-3112
7025 HIBISCUS AVENUE S7025 HIBISCUS AVENUE S7025 HIBISCUS AVENUE S7025 HIBISCUS AVENUE S
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Beautiful South Pasadena apartment building. Exceptional opportunity to acquire Hibiscus Place Apartments, a rare,12-Unit Multifamily Investment in South Pasadena, Florida. This architecturally unique, high-demand, apartment building features a private central courtyard which showcases a double return central staircase and is located in an upscale residential neighborhood only one block from Boca Ciega Bay. The property is currently 100% occupied, generating approximately $228,920 in annual gross income. The offering represents an attractive opportunity to acquire an established, income-producing multifamily asset in a highly sought-after Gulf Coast location at a 5.4% cap rate. 12 units - Two 2 bedroom/2 bath, Two 2 bedroom/1 bath and Eight 1 bedroom/1 bath. In last 5 yrs - 30 year roof coating 2023, 5 new air conditioning units, updated laundry facilities, multiple kitchen/ bathroom/ flooring/ appliances, two asphalt parking lots updated and maintained regularly, landscape upgrades. 16 parking spaces (10 in front and second lot in the back. Short drive to St Pete Beach. Walk to shopping and restaurants.

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Listing Snapshot
Price 
$2,833,525
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,834 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.34 Acres
Year Built 
1974
MLS® Number 
TB8555883
Status 
Active
Property Tax 
$22,370.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
a week agoPrice changed to $2,833,525
a week agoListing first seen on site
General Features
Acres 
0.34
Direction Faces 
Southwest
Foundation 
Slab
Number Of Stories 
2
Parking Spaces 
16
Sewer 
Public Sewer
SqFt Total 
8834
Utilities 
Electricity AvailableWater Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Construction Details 
BlockConcreteStucco
Road Frontage 
City Street
Roof 
Built-Up
Community Features
MLS Area 
33707 - St Pete/South Pasadena/Gulfport/St Pete Bch
Township 
31
Financing Terms Available 
Cash
Roads 
AsphaltPaved
Listing courtesy of VIEWPOINT REALTY INTERNATIONAL (727) 448-3533



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-10-17 06:58 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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