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$1,199,000

  • For Sale
  • Active
  • Commercial
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INCOME PRODUCER! 6-Unit Apartment Complex | Prime Pinellas Park, FL Location Property Highlights: Each unit is a 3 Bedroom / 1 Bath This property offers investors a chance to own a solid cash-flowing multifamily asset in one of Florida's most desirable rental markets. With all units being spacious 3-bedroom layouts, demand is strong among families and long-term tenants. The new roofs and block construction mean low maintenance and higher returns. Each unit has central H/A, Washer and Dryer hookups and each unit is separately water metered. Large parking lot with 16 spaces, .52 MOL Also, there are large storage shed units that could be additional rent. SERIOUS INVESTORS ONLY. PLEASE NO LOW OFFERS. SELLER WILL NOT FINANCE ANY. Situated in the heart of Pinellas County - Strong rental demand with proximity to major employment hubs, retail, schools, and beaches Currently all units are rented. Ideal for 1031 Exchange. Low overhead makes this a great investment.

Full Property Details for 5881 72nd Ave N

General

  • Price: $1,199,000
  • Taxes: $14,189 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8427735
  • Updated: 3/24/2026
  • Added to Site: 202 day(s) ago

Parking

  • Parking Features: 13 to 18 Spaces

Location

  • Area: 33781 - Pinellas Park
  • County: Pinellas
  • Development Name: 33781 - Pinellas Park
  • Subdivision: PINELLAS PARK
  • Driving Directions: Park Blvd to S on 59th St. to E on 72nd Avd N. to address

Community

  • Community Name: 33781 - Pinellas Park
  • Management Type: Owner Manager
  • Mgmt. Company: Owner Manager

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • # Buildings: 3
  • Exterior Const.: Block
  • Square Feet: 5,508
  • Sq. Ft. Source: Public Records
  • Year Built: 1984

Lot Features

  • Lot Size (Acres): 0.53
  • Lot Size (Sq. Ft.): 22,869
  • Lot Size: 22869
  • Lot Dimensions: 129 x 175
  • Frontage: City Street
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $14,189.47
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Sole Proprietor
  • Special Conditions: None
  • Legal Description: PINELLAS PARK BLK 22, LOTS 10, 11 & 12 LESS N 5FT FOR RD R/W
  • Flood Zone Info: X
  • APN: 283016710640220100
  • Property ID: 283016710640220100
  • Block/Lot/Section: 22

Listed by Sandcastle Realty Inc

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Listing agents

— 5881 72nd Ave N —

  • Sandcastle Realty Inc

  • Sandcastle Realty Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5881 72nd Ave N

School District:Pinellas County School District
NameGradesDistance
Marjorie Kinnan Rawlings Elementary School, Pinellas Park, FL
6505 68th Street North, Pinellas Park, FL 33781
PK-51.2 mi
Pinellas Park Middle School
6940 70th Avenue North, Pinellas Park, FL 33781
6-81.3 mi
Dixie M. Hollins High School
4940 62nd Street North, Kenneth City, FL 33709
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5881 72nd Ave N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$1,199,000
-4%
MLS
1/13/2026
Price Reduced
$1,249,000
-3.85%
MLS
12/02/2025
Price Reduced
$1,299,000
-1.96%
MLS
10/30/2025
Price Reduced
$1,325,000
-3.64%
MLS
9/15/2025
Listed
$1,375,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5881 72nd Ave N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,591
10%
$750,000
3%
2024
$14,189
10%
$725,000
19%
2023
$12,851
17%
$610,000
24%
2021
$10,998
-6%
$490,000
-8%
2022
$11,653
6%
$532,000
12%
2021
$10,998
22%
$473,917
16%
2019
$9,038
9%
$407,000
10%
2018
$8,257
4%
$370,000
5%
2017
$7,944
8%
$352,000
8%
2016
$7,364
8%
$326,000
12%
2015
$6,806
8%
$290,000
9%
2014
$6,283
—
$266,700
1%
2013
$6,293
—
$265,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Sandcastle Realty Inc

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5881 72nd Avenue N, Pinellas Park, FL 33781 (MLS# TB8427735) is a Commercial property. 5881 72nd Avenue N is currently listed for $1,199,000 and was received on September 15, 2025. Want to learn more about 5881 72nd Avenue N? Do you have questions about finding other Commercial real estate for sale in Pinellas Park? You can browse all Pinellas Park real estate or contact a Coldwell Banker agent to request more information.

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