realestate

St. Petersburg tenants say goodbye to a rare affordable unit

Some residents paid $680/month; new landlord raises rent.

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    Rent hike at Greenland Apartments: Tenants once paid as low as $680/month. The 70‑year‑old complex on 115 7th Ave N in St. Petersburg’s old Northeast neighborhood has long offered affordable housing. After three generations of family ownership, the property was sold to a local landlord who plans to double rents. Many residents say they can’t afford the new rates. A balcony view on Dec. 8, 2025 shows the building’s skyline. (Dirk Shadd, Times)

    The sale to a local landlord will double rents to market rates. Residents have expressed concern that the increase will force many to relocate.

    Reporter: Rebecca Liebson covers real‑estate and housing. Contact: [email protected].

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St. Petersburg tenants exit rare affordable apartment unit.