St. Petersburg Triplex Investment
3257 57TH AVENUE N St Petersburg, FL 33714
3257 57TH AVENUE N, St Petersburg, FL, 33714
$450,000
For Sale
$450,000
Triplex - ST PETERSBURG, FL
Property Size1,776 SF
Lot Size0.30 Acres
Price / SF$253.38
Days on Market58
Property Features for 3257 57TH AVENUE N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- R-4
- Interior features
- Ninguno
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 35-30-16-01404-008-0230
- Size
- 1,776 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8185.19
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Flooring type
- Laminate, Tile
- Building materials
- Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
COASTAL PROPERTIES GROUP INTERNATIONAL
(727) 493-1555
423 Mandalay Ave Ste 102, Clearwater Beach, FL
Listed by
Amy Denham PA · License #623954
(727) 430-1551
Added: May 21 Checked: Jul 17 at 8:06 am
MLS# TB8511078
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 income-producing property features three separate rental units situated on two lots totaling 0.29 acres. The property offers immediate cash flow and strong investment potential. All units are currently occupied with month-to-month tenants, providing flexibility for investors or owner-occupants. The front unit facing 57th Ave N. is a 2-bedroom / 2-bathroom unit. The left and right units are each 1-bedroom / 1-bathroom units. Tenants pay their own electric, while rent includes water and sewer. The roofs were replaced in 2020. Located in a quiet neighborhood with convenient access to shopping, dining, Gulf beaches, and nearby airports, this property is positioned for long-term rental demand and future appreciation. The property is located in St. Petersburg, Florida. The property size is 1776 square feet. The zoning is R-4.
Key Highlights
- Income‑producing property with three separate rental units, offering immediate cash flow.
- All three roofs were replaced in 2020.
- No flood insurance required.
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 | $31.8k | $17.88 |
| − Vacancy | −$2.1k | −$1.21 |
| EGI | $29.6k | $16.67 |
| − OpEx | −$8.9k | −$5.00 |
| NOI | $20.7k | $11.67 |
1,776 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$296.1K
$259.1K – $345.5K
NOI $20,730 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$233.3K
$204.2K – $272.2K
NOI $16,334 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$462.0K
$404.2K – $539.0K
NOI $32,337 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Income-producing triplex on two lots in St. Petersburg, Florida.
Where is this triplex located?
The property is located at 3257 57TH AVENUE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Income‑producing property with **three separate rental units, offering immediate cash flow.**; All three roofs were replaced in 2020.; No flood insurance required.
