Call For Offers on October 31st, 2024. True St. Pete value add multifamily opportunity. Bridgewater Commercial Real Estate is pleased to present 5848 Fairfield Ave, a true St. Pete value add multifamily investment opportunity, to the market. This 2 story 8 unit multifamily property is currently receiving just slightly below market rents, and boasts the opportunity to increase rents to market value after renovations. With the Pinellas Trail abutting it’s back yard, a 10 minute drive to both St. Pete Beach and Treasure Island, and a short walk to both Boca Ciega Highschool and Central Ave, this property sits in a prime location for long term appreciation. Please call Davis Nunneley at (727) 619-4936 for details on differed maintenance, quotes, and the call for offers.