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3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704
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3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704 3103 16th Street Saint Petersburg, FL 33704
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$1,199,000 | 8 beds | N/A full baths | N/A half baths | 2,680 sqft

$1,199,000 No Recent Price Change
3103 16th Street
Saint Petersburg, FL 33704
  • 8Beds
  • 4.00Total Baths
  • 0 Full, 0 HalfBaths
  • 2,680SqFt
  • 1985Year Built
  • 0.19Acres
  • MLS# TB8449162
  • Income
  • Quadruplex
  • Active
  • Approx Time on Market7 months, 22 days
  • Area33704 - St Pete/euclid
  • CountyPinellas
  • Subdivision Summit Park
Overview

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.

Agriculture / Farm

Association Fees / Info

Community Features:  Sidewalks

Bathroom Info

Total Baths:  4.00

Building Info

Window Features:  Blinds, WindowTreatments

Roof:  Shingle

Buyer Compensation

Exterior Features

Patio:  RearPorch, Covered, Deck, SidePorch, Balcony

Exterior Features:  Balcony, Courtyard, DogRun, Fence, Lighting, PrivateEntrance

Fees / Restrictions

Financial

Gross Income:  109,200

Expense Tenant:  Electricity, Gas

Original Price:  $1,199,000

Garage / Parking

Parking Features:  Driveway, OffStreet, ParkingPad

Green / Env Info

Interior Features

Floors:  LuxuryVinyl, Tile

Levels:  Two

Laundry Features:  WasherHookup, ElectricDryerHookup, Inside, LaundryCloset, InKitchen

Interior Features:  ChairRail, CeilingFans, KitchenFamilyRoomCombo, LivingDiningRoom, OpenFloorplan, StoneCounters, WindowTreatments

Appliances:  ConvectionOven, Dryer, Dishwasher, ExhaustFan, ElectricWaterHeater, Freezer, Microwave, Range, Refrigerator

Lot Info

Direction Remarks:  Heading 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.

Number of Lots:  1

Lot Size Units:  Acres

Lot Size Acres:  0.19

Lot Sqft:  8,107

Est Lotsize:  70x115

Misc

Other

Special Conditions:  None

Security Features:  FireHydrants

Other Rooms Info

Property Info

Section:  12

Class Type:  Quadruplex

Property Sub Type:  Quadruplex

Property Condition:  NewConstruction

Construction Materials:  HardiplankType, WoodFrame

Stories:  2

Accessibility:  AccessibleWasherDryer, AccessibleKitchenAppliances, AccessibleFullBath, AccessibleBedroom, AccessibleElectricalAndEnvironmentalControls, AccessibleKitchen, AccessibleCentralLivingArea, AccessibleApproachWithRamp, AccessibleDoors, AccessibleEntrance, AccessibleHallways, AccessibilityFeatures

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  2,680

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  23

Tax Legal Description:  SUMMIT PARK BLK A, LOT 23 & N 1/2 OF LOT 22

Tax Block:  A

Tax Annual Amount:  9172.33

Tax Book Number:  12-4

Unit Info

Total Units:  4

Total Actual Rent:  9,100

Utilities / Hvac

Heating:  Central

Water Source:  Public, MultipleMeters

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, ElectricityConnected, HighSpeedInternetAvailable, MunicipalUtilities, SewerConnected, WaterConnected

Waterfront / Water

Schools

Elem:  John M Sexton Elementary-Pn

Middle:  Meadowlawn Middle-Pn

High:  St. Petersburg High-Pn

Directions

Heading 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.

This listing courtesy of Exp Realty Llc 

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On davidshippey.com since Thu, Nov 20th 2025
No Property History recorded for this listing.

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If you have any questions on 3103 16th Street, Saint Petersburg, Florida, please call David Shippey at 863-521-4517.


MLS# TB8449162 located at 3103 16th Street, Saint Petersburg, Florida is brought to you by David Shippey REALTOR®

3103 16th Street, Saint Petersburg, Florida has 8 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 3103 16th Street, Saint Petersburg, Florida is TB8449162.
The price for 3103 16th Street, Saint Petersburg, Florida is $1,199,000.
The status of 3103 16th Street, Saint Petersburg, Florida is Active.
The subdivision of 3103 16th Street, Saint Petersburg, Florida is Summit Park.
The home located at 3103 16th Street, Saint Petersburg, Florida was built in 2026.