Triplex with Detached
For Sale
$789,000
127 17TH Avenue S, St Petersburg, FL 33701
Residential Income, ST PETERSBURG, FL
Property Size2,276 SF
Lot Size0.16 Acres
Price / SF$346.66
Days on Market236
Property Features for 127 17TH Avenue S
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 5
Parking features
Driveway
Window features
Insulated Windows, Double Pane Windows
Patio and Porch features
Patio
Interior features
Ceiling Fans(s), High Ceilings, Open Floorplan, Split Bedroom, Stone Counters
Exterior features
Outbuildings, Fence, Storage
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
Subdivision
BAYBORO
Elementary school
Campbell Park Elementary-PN
Middle school
John Hopkins Middle-PN
High school
Gibbs High-PN
Directions
From 4th St S and 18th Ave S, go east on 18th. Turn left (north) on 1st and left (west) on 17th. Triplex is on the right.
Standard status
Active
APN
30-31-17-03294-028-0120
Size
2,276 SF
Lot size
0.16 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
BAYBORO BLK 28, LOT 12
Tax Annual Amount
12896
Legal Description
BAYBORO BLK 28, LOT 12
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
private back patio
laundry area
enclosed porch
private balcony
Building Details
Year built
1920
Floors in Building
2
Number of units
4
Flooring type
Vinyl
Building materials
Frame
Roof type
Shingle, Built-Up
Additional Structures
Storage, Outbuilding
Buildings
2
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Curtis Rudolph · License #261547848
(813) 240-6054
Added: Mar 13
Changed: Oct 25
Last Checked: Nov 3 at 5:06PM
MLS# TB8482976
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit property pairs a first-floor residence with two apartments above. The main home has three bedrooms, two bathrooms, an office, and an enclosed, air-conditioned porch. Each upper apartment has one bedroom, one bathroom, a living room, and a private balcony. A detached 23' x 22' garage, rear patio, laundry area, and parking for four vehicles add to the property’s functional features.
Renovations include impact windows and doors installed in 2023, a roof from 2015, updated kitchens and bathrooms, vinyl flooring, and tankless water heaters. The property is on a 0.16-acre lot in St. Petersburg, near downtown, Lassing Park, and Tampa Bay.
Renovations include impact windows and doors installed in 2023, a roof from 2015, updated kitchens and bathrooms, vinyl flooring, and tankless water heaters. The property is on a 0.16-acre lot in St. Petersburg, near downtown, Lassing Park, and Tampa Bay.
Key Highlights
- Three residential units: one 3‑bedroom, 2‑bathroom home and two 1‑bedroom, 1‑bathroom apartments
- Detached garage measures 23' x 22' and has alley access
- Parking for 4 vehicles via street and alley entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,566
Cap Rate
3.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,320
$531.3K
Cap Rate 7%
$379,514
$379.5K
Cap Rate 9%
$295,178
$295.2K
Market Conditions
NOI Build-Up for 2,276 SF
Gross rent
$40.7K $17.88/SF
− Vacancy
−$2.7K −$1.21/SF
EGI
$38.0K $16.67/SF
− OpEx
−$11.4K −$5.00/SF
NOI
$26.6K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,320
Cap Rate 7%
$379,514
Cap Rate 9%
$295,178
Alternative Uses
Best Use
Multifamily LT 5
$379.5K
$332.1K – $442.8K
NOI $26,566 @ 7.0% cap · market cap 3.37%
Second Best
Apartment 5plus
$299.0K
$261.7K – $348.9K
NOI $20,933 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$592.0K
$518.0K – $690.7K
NOI $41,440 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Explore this area
Business Placement
Demographics for 33701, FL
19,137
Population
13,434
Households
1.4
Avg Household Size
48
Median Age
55%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
7,088
Density / Sq Mi
$69,098
Median Household Income
$48,072
Median Earnings
$1,531
Median Rent
$590,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three updated residences include a ground-floor home and two upstairs apartments with private balconies.
Where is this triplex located?
The property is located at 127 17TH Avenue S St Petersburg, FL.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: Three residential units: one 3‑bedroom, 2‑bathroom home and two 1‑bedroom, 1‑bathroom apartments; Detached garage measures 23' x 22' and has alley access; Parking for 4 vehicles via street and alley entrances
