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Four-Unit Residential Income Building

1033 19TH Avenue S St Petersburg, FL 33705

1033 19TH Avenue S, St Petersburg, FL, 33705
$649,999
For Sale
$649,999

MULTI_FAMILY - ST PETERSBURG, FL

Property Size2,892 SF
Lot Size0.15 Acres
Price / SF$224.76
Days on Market86

Property Features for 1033 19TH Avenue S

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 8, Bedroom 2
Interior features
Ceiling Fans(s)
Exterior features
Fence, Lighting, Private Entrance, Private Mailbox, Sidewalk
Fencing
Fenced
Standard status
Active
APN
25-31-16-19350-002-0120
Size
2,892 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
CROMWELL HEIGHTS BLK B, LOT 12
Tax Annual Amount
6578

Utilities

Sewer type
Public Sewer
Heating system
Ductless (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1925
Building materials
Brick
Roof type
Shingle
Listing agency KELLER WILLIAMS SOUTH TAMPA
Listed by Aldo Delacruz · License #3324423
Added: Apr 29 Updated: Jul 20 at 8:57PM Checked: Jul 23 at 8:06AM
MLS# TB8503357

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-story, four-unit residential income property offers four identical apartments, each with two bedrooms and one bathroom. The building has been renovated in 2025, with updated interiors and a freshly painted exterior. Outside, there is ample parking in both the front and rear, along with a fully fenced yard.

The property is located at 1033 19TH Avenue S in St. Petersburg, Florida, on a 0.15-acre lot. It sits in a quiet residential neighborhood, with quick access to I-275 and convenient proximity to downtown St. Petersburg.

The property totals 2,892 square feet and is currently generating $5,400 per month, with three units at $1,400 and one unit at $1,200.

Key Highlights

  • 4‑unit, two‑story brick multi‑family built in 1925 with two units upstairs and two units downstairs
  • Renovated in 2025 with updated interiors and freshly painted exterior
  • Each unit has 2 bedrooms and 1 bathroom; total of 4 units (Bedroom 1–8 and Bathroom 1–4 listed)

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $51.7k $17.88
− Vacancy −$3.5k −$1.21
EGI $48.2k $16.67
− OpEx −$14.5k −$5.00
NOI $33.8k $11.67
2,892 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$482.2K
$422.0K – $562.6K (±1% cap)
NOI $33,757 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$380.0K
$332.5K – $443.3K (±1% cap)
NOI $26,598 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$752.2K
$658.2K – $877.6K (±1% cap)
NOI $52,656 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Kitchen & Bath Showroom Dental Office Building Supply Real Estate Agency Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Two-story fourplex with fully fenced yard and front/rear parking, renovated in 2025 and generating $5,400 monthly income.
Where is this quadplex located?
The property is located at 1033 19TH Avenue S St Petersburg, FL.
What is the asking price?
The asking price for this property is $649,999.
What are key features of this property?
This property features: 4‑unit, two‑story brick multi‑family built in 1925 with two units upstairs and two units downstairs; Renovated in 2025 with updated interiors and freshly painted exterior; Each unit has 2 bedrooms and 1 bathroom; total of 4 units (Bedroom 1–8 and Bathroom 1–4 listed)
Contact an agent
More about this property
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