Renovated 4-Plex with
For Sale
$629,000
110 NE MONROE Circle N, St Petersburg, FL 33702
MULTI_FAMILY - ST PETERSBURG, FL
Property Size2,558 SF
Lot Size0.18 Acres
Price / SF$245.90
Days on Market110
Property Features for 110 NE MONROE Circle N
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3
Interior features
Solid Surface Counters, Solid Wood Cabinets, Stone Counters
Exterior features
Courtyard, Fence, Private Entrance, Private Mailbox
Fencing
Fenced
Fireplace
1
Subdivision
NORTH ST PETERSBURG
Elementary school
Shore Acres Elementary-PN
Middle school
Meadowlawn Middle-PN
High school
Northeast High-PN
Directions
from I-275, take Exit 32 for 4th St N (if coming from Tampa) or Exit 26A for 54th Ave N (if coming from Downtown), proceed to 4th St N and head toward the 62nd Ave N intersection, then turn east onto 62nd Ave N, make a quick left onto 1st St N, and a final right onto NE Monroe Cir N, where you will find the property situated directly behind the Rumba Grill.
Standard status
Active
APN
31-30-17-61146-033-0070
Size
2,558 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NORTH ST PETERSBURG BLK 33, LOT 7
Tax Annual Amount
2989
Legal Description
NORTH ST PETERSBURG BLK 33, LOT 7
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Ductless (Heating)
Water source
Public
Amenities
shared courtyard
private patios
fireplace
bonus room
Building Details
Year built
1956
Floors in Building
1
Building materials
Stucco
Roof type
Shingle
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
Megan Potila LLC · License #3325456
(727) 331-0348
Added: Apr 17
Changed: Aug 3
Last Checked: Aug 4 at 6:06AM
MLS# TB8500796
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 renovated 4-plex offers a strong combination of separate-unit functionality and a comfortable main-house layout. The property includes a renovated main house of 1,274 SF with two bedrooms, one bathroom, a large kitchen, and a dedicated pantry and washer/dryer room, along with a formal dining room, a large foyer, a living room with a fireplace, and two private patios. The main living areas feature new light fixtures and a new water heater. The remaining three units include one attached efficiency plus two units in a separate building, with one unit freshly updated and offering a versatile bonus room that can serve as a second bedroom, office, or extra storage. Exterior highlights include a shared courtyard, fencing, and stucco construction.
Major updates include a new roof and new mini-split AC systems installed in 2026. Set on a 7,915 SF lot, the property is stated to have stayed completely dry during recent major storms. Each of the four units has its own private entrance and parking, with at least seven parking spaces on site. The property was built in 1956 and is served by public water and public sewer, with cable available.
With outdoor space and multiple private patios, this layout can work for long-term rental use and also supports a house-hack style option where the main house is owner-occupied.
Major updates include a new roof and new mini-split AC systems installed in 2026. Set on a 7,915 SF lot, the property is stated to have stayed completely dry during recent major storms. Each of the four units has its own private entrance and parking, with at least seven parking spaces on site. The property was built in 1956 and is served by public water and public sewer, with cable available.
With outdoor space and multiple private patios, this layout can work for long-term rental use and also supports a house-hack style option where the main house is owner-occupied.
Key Highlights
- New roof and new mini‑split AC systems installed in 2026
- 7,915 SF lot stated to have stayed completely dry during recent major storms
- Renovated 1,274 SF main house with two bedrooms and one bathroom
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 | $45.7k | $17.88 |
| − Vacancy | −$3.1k | −$1.21 |
| EGI | $42.7k | $16.67 |
| − OpEx | −$12.8k | −$5.00 |
| NOI | $29.9k | $11.67 |
2,558 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$426.5K
$373.2K – $497.6K
NOI $29,858 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$336.1K
$294.1K – $392.1K
NOI $23,526 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$665.4K
$582.2K – $776.3K
NOI $46,575 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
743
Businesses Nearby
Explore this area
Business Placement
Demographics for 33702, FL
29,996
Population
16,240
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
10.4 sq mi
ZIP Area
2,884
Density / Sq Mi
$65,503
Median Household Income
$43,860
Median Earnings
$1,369
Median Rent
$293,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Renovated 4-plex with courtyard, private entrances, and parking, plus a renovated main house supported by 2026 major updates.
Where is this quadplex located?
The property is located at 110 NE MONROE Circle N St Petersburg, FL.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: New roof and new mini‑split AC systems installed in 2026; 7,915 SF lot stated to have stayed completely dry during recent major storms; Renovated 1,274 SF main house with two bedrooms and one bathroom
