7301 8TH Street N, St Petersburg, FL 33702
MULTI_FAMILY - ST PETERSBURG, FL
Property Features for 7301 8TH Street N
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The duplex is situated on a spacious corner lot and is served by public water and public sewer. Both units are currently income-producing with tenants already in place. The right side is occupied by a long-term tenant under a lease that runs through September 4, 2026, after which it transitions to month-to-month. The left side completed an initial 12-month lease and continues on a flexible month-to-month arrangement.
The property sustained no flood damage during Hurricanes Helene and Milton.
Key Highlights
- 0.22‑acre corner lot Duplex at 7301 8th St N with 1,901 SF
- Built in 1960 with block construction and shingle roof
- Each side: 3 bedrooms and 1 bathroom with a private carport
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 | $34.0k | $17.88 |
| − Vacancy | −$2.3k | −$1.21 |
| EGI | $31.7k | $16.67 |
| − OpEx | −$9.5k | −$5.00 |
| NOI | $22.2k | $11.67 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 33702, FL
Market
Properties on Market for Duplexes in Pinellas County
Vacancy Rate% for Multifamily in South region