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Updated almost 2 years ago on . Most recent reply

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Thoughts on investing in St. Petersburg, Please!

Posted

Hello, I was looking into investing in a multi family LTR OR MTR (maybe 15units +) in St. Petersburg, Florida. BUT I HAVE NEVER BEEN THERE BEFORE. For those investing here or that live in this area, do you think it's worth it? Are rents stabilized, declining or going up? What are the best areas to look into? What are you seeing in the market over there? What is average cost/SQFT there like for a multi family. As a real estate agent in SOUTH FL, I don't have access to the MLS on that area and I'd rather be represented by an agent there anyways since I lack enough knowledge of the area to trust myself in making a good decision lol, so if you are an agent there please reach out, as well. THANK YOU.

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