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    The Largest CRE Database in the US with Over 1 Million Listings

    2637 Bayside Dr S St Petersburg, FL 33701

    Sponsored
    For Sale
    Pending
    $859,000

    Duplex - ST PETERSBURG, FL

    Type:Duplex
    Property size:
    2,328 SF
    Lot size:
    0.20 Acres
    Days on Market:
    17
    Last Refresh:
    Feb 5 at 6:06 am

    Property Features for 2637 Bayside Dr S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Security features
    Smoke Detector(s)
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    31-31-17-84456-000-1030
    Parking features
    Garage, Garage - Attached, Off Street, Open
    Pets allowed
    Cats OK, Dogs OK, Yes
    Interior features
    Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Walk-in Closet(s), Window Treatments
    Exterior features
    Dog Run, Fence, Garden, Lighting, Storage
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Ice Maker, Microwave, Range, Refrigerator, Washer
    Size
    2,328 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Ductless, Multi Units

    Building Details

    Year built
    2021
    Number of units
    2
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block, Concrete
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Kennel/Dog Run, Storage

    We can help!

    Listing Contact
    Ron Platt PA

    Keller Williams St. Pete Realty (727) 894-1600

    Listing agent Ron Platt PA (727) 894-1600 License #3036756

    Listing date Jan 20, 2026

    MLS# TB8409910 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.

    Learn more

    Property Insight Report

    Overview

    Newer Construction Duplex Near Bay

    This newer construction (2021) duplex features a contemporary 3-bedroom, 2-bath open floor plan with 10' ceilings. The bright, modern design includes clean lines and designer touches. It is pre-wired for Smart-Home technology and surround sound, and equipped with energy-efficient gas appliances and solar panels. The designer kitchen features stainless steel appliances, a gas stove, granite counters, and a glass backsplash with undermount lighting. The primary bedroom is spacious with a large walk-in closet, and the primary bathroom has a double vanity and a step-in shower. Storm windows and doors provide added security. Outside, there is a covered patio with a gas line hook-up for barbecues. A double car garage includes a second-floor, 1-bedroom, 1-bath apartment (576 sqft) with designer cabinetry, stainless steel appliances, granite counters, a subway tile backsplash, and laminate flooring. The apartment was previously rented for $1,800 per month. Located one block from the bay, the property is not in a flood zone. It is situated 5 minutes from downtown, hospitals, and restaurants, and 20 minutes from the beaches, with Pete's bagels within walking distance. The property sits on a 0.2-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.637489
    Latitude
    27.744035

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    FAQs

    What type of property is this?
    Duplex - Modern duplex with apartment near downtown St. Petersburg and the bay.
    Where is this duplex located?
    The property is located at 2637 Bayside Dr S St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $859,000.
    What are key features of this property?
    This property features: - Separate 1-bedroom, 1-bath apartment above the garage (576 sqft) with designer finishes, previously rented for $1,800/month, offering income potential.; - Enjoy energy efficiency with solar panels resulting in low electric bills and gas appliances.; - Assumable VA loan with a super low interest rate.
    (786) 281-1965
    Request Owner's contact information
    2637 Bayside Dr S St Petersburg, FL 33701
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    St Petersburg, FL 33701
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2637 Bayside Dr S St Petersburg, FL 33701
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    We can help!
    Listing Contact
    Ron Platt PA
    Real Estate License ID: 3036756
    (786) 281-1965
    Learn more
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