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

    6855 Gulf Winds Dr St Pete Beach, FL 33706

    Sponsored
    For Sale
    $1,050,000

    Duplex - ST PETE BEACH, FL

    Type:Duplex
    Property size:
    2,012 SF
    Lot size:
    0.17 Acres
    Days on Market:
    37
    Last Refresh:
    Jan 25 at 7:06 pm

    Property Features for 6855 Gulf Winds Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    36-31-15-90666-000-0390
    Parking features
    Carport, Covered
    Interior features
    Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat
    Exterior features
    Courtyard, Gray Water System, Lighting, Sidewalk
    Size
    2,012 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating), Zoned (Heating)
    Cooling system
    Ductless, Multi Units, Zoned

    Building Details

    Year built
    1958
    Number of units
    2
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Jorge A Zea
    Jorge A Zea

    Blue Lighthouse Realty, Inc. (786) 268-9772

    Listing agent Jorge Zea (786) 268-9772 License #3015804

    Listing date Dec 20, 2025

    MLS# O6368769 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

    St. Pete Beach Turnkey Duplex

    This upscale, furnished, turnkey duplex is located in the desirable St. Pete Beach area. The property features a 3-bedroom, 2-bathroom unit and a 2-bedroom, 1-bathroom unit, plus a detached studio with air conditioning. The property underwent a significant full gut rebuild and expansion with permits by a well-qualified third-generation builder. Upgrades include smooth drywall, recessed lights, stucco, soffit/fascia, and oversized PVC drain plumbing. Pex water piping is installed, and there are separate water and electric meters for each unit. The property includes a lawn with an irrigation system. All electrical systems have been upgraded to the latest code. New high-efficiency, impact-rated dual-pane windows and impact exterior doors have been installed. New mini-split AC/heat units are present. The bathrooms feature Kohler porcelain tubs and toilets, porcelain tile with epoxy grout, and smooth finish plaster walls. Stainless steel appliances with infrared cooktops, solid wood shaker cabinetry, quartz counters, wood craftsman baseboards, and front load stainless steel washers and dryers are included. Lux vinyl plank flooring and solid core shaker doors are featured throughout. New driveways provide off-street parking for up to 8 SUVs. The property was brought to the latest Florida hurricane standards, including wrap-around hurricane straps, and features a new roof installed in 2016 and new exterior radiant barrier paint. The lot size is 0.17 acres, and the property size is 2012 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    St Pete Beach
    County
    Pinellas
    State
    Florida
    Longitude
    -82.747163
    Latitude
    27.738679

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    FAQs

    What type of property is this?
    Duplex - Upscale, furnished duplex in desirable St. Pete Beach location.
    Where is this duplex located?
    The property is located at 6855 Gulf Winds Dr St Pete Beach, FL.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Turnkey, fully furnished duplex in desirable St. Pete Beach, offering immediate investment/enjoyment opportunity.; - Significant 'Full Gut' rebuild and expansion with permits, ensuring long-term durability and minimal maintenance.; - Luxurious upgrades throughout, including smooth drywall, recessed lights, stucco, PEX piping, and separate water/electric meters.
    (855) 550-0528
    Request Owner's contact information
    6855 Gulf Winds Dr St Pete Beach, FL 33706
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    St Pete Beach, FL 33706
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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
    6855 Gulf Winds Dr St Pete Beach, FL 33706
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    We can help!
    Listing Contact
    Jorge A Zea
    Jorge A Zea
    Real Estate License ID: 3015804
    (855) 550-0528
    Learn more
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