Nordica Bay Apartments is a boutique 62-unit multifamily community located in one of St. Petersburg’s most desirable urban infill submarkets. Positioned along the highly accessible 4th Street North corridor, the four-story, elevator-served concrete property offers seamless connectivity to I-275, Gandy Boulevard, downtown St. Petersburg, and major employment and medical hubs including St. Anthony’s Hospital and Johns Hopkins All Children’s Hospital. The surrounding area features strong demographics, excellent walkability, and close proximity to top grocers, dining, nightlife, and the region’s premier waterfront and beaches.

The well-maintained asset features newer roofs and windows, spacious layouts with one-bedrooms averaging 780 SF and two-bedrooms averaging 1,080 SF, and private screened-in patios in all two-bedroom units. Residents enjoy a robust amenity package including a swimming pool, grilling area, dog park, secured access, trash chutes, and on-site laundry. Nordica Bay presents a compelling light value add opportunity through in-unit washer/dryer installations, expanded outdoor amenity areas, and interior hallway upgrades driving future rent growth and long-term value creation.