Opportunity galore in this apartment complex with over 3,600 heated square feet and located directly across the street from St. Anthony's Hospital right in the heart of St. Petersburg, FL. If location is everything in real estate, this property is in an incredible location. Just a few minutes drive to bustling downtown St. Petersburg where you can enjoy the various dining options, bars, entertainment, music, art, and museums including the Dali museum, and the University of South Florida St. Petersburg, 15 minutes to the famous Gulf coast beaches, or 30 minutes to Tampa International Airport. Originally operated as a motel, this property is zoned for many uses including apartments, general office, medical office, restaurant, and bar. Currently operated as an apartment complex, and generating income, there is opportunity to increase rents and occupancy rates with some updating. The main house was built in 1911 and consists of 4 bedrooms, 2 bathrooms, a downstairs & upstairs kitchen, indoor laundry room, large living spaces, ample storage, plus original hardwood floors waiting to be brought back to their former glory. The second building was built in 1927 and consists of six apartment rooms each with a private ensuite. Each room has access to the common kitchen and to the laundry room, which could generate additional income. You will be surprised by the high ceilings and ample natural light from the large windows. Enjoy green space, parking, and a single-car carport. Put your imagination to work and make this income-generating property to work for you!