Turnkey Duplex Income
2650 25TH Avenue N St Petersburg, FL 33713
2650 25TH Avenue N, St Petersburg, FL, 33713
$425,000
For Sale
$425,000
MULTI_FAMILY - ST PETERSBURG, FL
Property Size1,146 SF
Lot Size0.11 Acres
Price / SF$370.86
Days on Market140
Property Features for 2650 25TH Avenue N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1
- Parking features
- Off Street
- Interior features
- Ceiling Fans(s), Stone Counters
- Exterior features
- Fence, Private Mailbox
- Fencing
- Fenced
- Appliances
- Dryer, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 11-31-16-17190-005-0070
- Size
- 1,146 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COLFAX CITY BLK 5, LOT 7
- Tax Annual Amount
- 5677
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Laminate, Tile - Ceramic
- Building materials
- Wood Siding
- Roof type
- Shingle
Listing agency
KELLER WILLIAMS TAMPA PROP.
(813) 264-7754
Listed by
Ashley Gajdosz · License #3227836
(813) 300-7002
Added: Mar 5 Updated: Jul 20 at 8:52PM Checked: Jul 23 at 6:06AM
MLS# TB8483885
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 fully fenced duplex is set up as a stabilized, income-producing residential property with two separate units. The upstairs unit features a spacious 2-bedroom, 1-bath layout and has been updated with a new A/C unit, new range, new tub liner, and fresh interior paint. The upstairs also includes a pull-down attic staircase that opens to air-conditioned bonus storage with finished flooring and trim.
The downstairs unit has been professionally storm remediated and updated with new drywall, fresh interior paint, a new toilet, and a sump pump installation. Recent major improvements include a brand-new roof (2025), a new water line installed from the curb stop, patched and repainted exterior surfaces, and a termite bait system for preventative protection. For tenant convenience, there is also a newer exterior washer and dryer installed in 2024.
Located in St. Petersburg with easy access to Downtown and major roadways, the property is also positioned near shopping, dining, and entertainment.
The downstairs unit has been professionally storm remediated and updated with new drywall, fresh interior paint, a new toilet, and a sump pump installation. Recent major improvements include a brand-new roof (2025), a new water line installed from the curb stop, patched and repainted exterior surfaces, and a termite bait system for preventative protection. For tenant convenience, there is also a newer exterior washer and dryer installed in 2024.
Located in St. Petersburg with easy access to Downtown and major roadways, the property is also positioned near shopping, dining, and entertainment.
Key Highlights
- Income‑producing duplex currently generating $3,250/month ($39,000 annually), fully rented.
- Upstairs unit is a 2‑bed/1‑bath with recent updates including new A/C unit, new range, tub liner, and fresh interior paint.
- Upstairs bonus space includes a pull‑down attic staircase leading to additional air‑conditioned storage with finished flooring and trim.
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 | $20.5k | $17.88 |
| − Vacancy | −$1.4k | −$1.21 |
| EGI | $19.1k | $16.67 |
| − OpEx | −$5.7k | −$5.00 |
| NOI | $13.4k | $11.67 |
1,146 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$191.1K
$167.2K – $223.0K
NOI $13,377 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$150.6K
$131.8K – $175.7K
NOI $10,540 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$298.1K
$260.8K – $347.8K
NOI $20,866 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Fully fenced duplex includes updated upstairs and remediated downstairs units with multiple recent capital improvements.
Where is this duplex located?
The property is located at 2650 25TH Avenue N St Petersburg, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Income‑producing duplex currently generating $3,250/month ($39,000 annually), fully rented.; Upstairs unit is a 2‑bed/1‑bath with recent updates including new A/C unit, new range, tub liner, and fresh interior paint.; Upstairs bonus space includes a pull‑down attic staircase leading to additional air‑conditioned storage with finished flooring and trim.
