Euclid Schoolhouse Flats presents a rare opportunity to acquire a truly unique trophy asset in the highly sought-after Historic Uptown neighborhood of St. Petersburg, FL. Originally built as a schoolhouse, this historic landmark has been thoughtfully reimagined into a boutique 16-unit multifamily community, where the charm of the past meets modern luxury. Each spacious 1- and 2-bedroom flat retains the character of the original classrooms, featuring high ceilings, oversized windows, and in-unit washers and dryers. Residents enjoy upscale interiors, including refinished hardwood or vinyl plank flooring, stainless steel appliances, white shaker cabinetry, granite countertops, subway tile kitchen backsplashes, and stylish bathroom vanities.
Positioned in a prime location, Euclid Schoolhouse Flats offers immediate access to the vibrant Downtown St. Pete scene, with its renowned dining, shopping, and cultural destinations along Central Avenue and Beach Drive. The property is surrounded by top employers such as St. Anthony’s Hospital, Bayfront Health, Johns Hopkins All Children’s Hospital, and the University of South Florida – St. Pete Campus, ensuring strong demand from professionals seeking a distinctive living experience. Additionally, with St. Pete Beach—ranked the #1 beach in the U.S. by TripAdvisor in 2021—just 8.3 miles away, residents enjoy the best of both urban convenience and coastal living. With a conservative average monthly rental upside of $239+ per unit based on surrounding properties, Euclid Schoolhouse Flats represents a compelling value-add opportunity for investors looking to capitalize on the continued growth of St. Petersburg’s rental market.