Renovated Old Southeast
260 20TH AVENUE S St Petersburg, FL 33705
260 20TH AVENUE S, St Petersburg, FL, 33705
$535,000
For Sale
$535,000
Duplex - ST PETERSBURG, FL
Property Size1,360 SF
Lot Size0.17 Acres
Price / SF$393.38
Days on Market48
Property Features for 260 20TH AVENUE S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3
- Parking features
- Assigned, Off Street, On Street
- Pets allowed
- Yes
- Interior features
- Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat, Window Treatments
- Exterior features
- Paved, Fence, Sidewalk
- Fencing
- Fenced
- Appliances
- Dryer, Range, Refrigerator
- Standard status
- Active
- APN
- 30-31-17-77184-009-0160
- Size
- 1,360 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8465.89
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Ductless, Multi Units
Building Details
- Year built
- 1948
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
DOUGLAS ELLIMAN
(727) 698-5708
100 Beach Dr NE, St Petersburg, FL
Listed by
Fonda Sabin · License #454342
(727) 743-5021
Added: Jun 3 Updated: Jun 26 at 1:06 pm Checked: Jul 20 at 9:06 pm
MLS# TB8514661
Listing URL
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 concrete block duplex includes two separate apartments: a larger 2-bedroom, 2-bath unit and an additional 1-bedroom, 1-bath unit. The front unit is laid out for comfortable daily living with two bedrooms and an ensuite bathroom for each, a fully equipped kitchen, private in-unit washer and dryer, and private outdoor space. The second unit offers a more efficient one-bedroom plan with an ensuite bath, functional kitchen storage, private laundry, and dedicated living space. Updates include a new roof completed in 2025, new AC units installed in 2023, new hot water tanks in 2024, impact windows added in 2023, and new appliances installed in 2024.
Situated at 260 20th Avenue S in St. Petersburg (approximately one mile south of downtown), the property is positioned near major employers and destinations referenced in the listing, including USF St. Petersburg, Johns Hopkins All Children’s Hospital, Orlando Health Bayfront Hospital, the St. Pete Innovation District, and local cultural and waterfront areas.
The duplex configuration supports a range of tenant and buyer needs, from long-term rental use to owner-occupant “house-hacking” scenarios where one unit can be lived in while the other helps offset expenses. With both residences renovated and updated systems already in place, the property is presented as a turnkey residential income option.
Situated at 260 20th Avenue S in St. Petersburg (approximately one mile south of downtown), the property is positioned near major employers and destinations referenced in the listing, including USF St. Petersburg, Johns Hopkins All Children’s Hospital, Orlando Health Bayfront Hospital, the St. Pete Innovation District, and local cultural and waterfront areas.
The duplex configuration supports a range of tenant and buyer needs, from long-term rental use to owner-occupant “house-hacking” scenarios where one unit can be lived in while the other helps offset expenses. With both residences renovated and updated systems already in place, the property is presented as a turnkey residential income option.
Key Highlights
- Renovated 1948 concrete block duplex with stucco exterior and shingle roof
- Front unit: 2 bed / 2 bath with approx. 850 SF, private laundry, and private outdoor space
- Second unit: 1 bed / 1 bath with approx. 530 SF, in‑unit washer/dryer and private laundry
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 | $24.3k | $17.88 |
| − Vacancy | −$1.6k | −$1.21 |
| EGI | $22.7k | $16.67 |
| − OpEx | −$6.8k | −$5.00 |
| NOI | $15.9k | $11.67 |
1,360 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$226.8K
$198.4K – $264.6K
NOI $15,874 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$178.7K
$156.4K – $208.5K
NOI $12,508 @ 7.0% cap · market cap 2.34%
Theoretical Best
Office A
$353.7K
$309.5K – $412.7K
NOI $24,762 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated duplex with two updated residences, private in-unit laundry, and newer major systems, offered for sale in St. Petersburg.
Where is this duplex located?
The property is located at 260 20TH AVENUE S St Petersburg, FL.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Renovated 1948 concrete block duplex with stucco exterior and shingle roof; Front unit: 2 bed / 2 bath with approx. 850 SF, private laundry, and private outdoor space; Second unit: 1 bed / 1 bath with approx. 530 SF, in‑unit washer/dryer and private laundry
