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Duplex Property with Detached ADU
For Sale
$280,000

927 YALE Street N, St Petersburg, FL 33713

MULTI_FAMILY - ST PETERSBURG, FL

Property Size1,394 SF
Lot Size0.13 Acres
Price / SF$200.86
Days on Market25

Property Features for 927 YALE Street N

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 3
Interior features Ceiling Fans(s), Open Floorplan
Exterior features Lighting, Private Entrance, Private Mailbox, Sidewalk
Appliances Cooktop, Dishwasher, Disposal
Subdivision MELROSE SUB 1ST ADD
Directions From I-275, take Exit 23B for 5th Ave N. Head west on 5th Ave N toward 28th St N. Turn right onto 28th St N, then turn right onto 9th Ave N. Turn left onto Yale St N. The property will be on your right.
Standard status Active
APN 14-31-16-57258-002-0330
Size 1,394 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MELROSE SUB 1ST ADD BLK 2, LOT 33
Tax Annual Amount 3733
Legal Description MELROSE SUB 1ST ADD BLK 2, LOT 33

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1928
Floors in Building 1
Flooring type Linoleum, Laminate
Building materials Frame, Wood Siding
Roof type Shingle
Additional Structures Guest House
Listing Agency: LPT REALTY, LLC
Listed By: Ben Mitrano PA · License #3453922
Added: Jul 11 Changed: Aug 4 Last Checked: Aug 4 at 9:06AM
MLS# TB8528335

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 as-is, cash-only duplex property includes a detached 1/1 ADU and is being sold under an AS-IS contract. The seller will not allow utilities to be turned, and all due diligence and inspections must be completed at the buyer’s expense prior to submitting an offer. Because of the current condition of the property, access will not be provided.

The existing structure is a frame home with wood siding and a shingle roof, built in 1928. Interior features include an open floorplan and ceiling fans. Heating is electric and cooling is provided by central air. The property has public water and public sewer, and cable is available.

The parcel sits on a deep 45' x 127' lot totaling 0.13 acres. Exterior features include lighting, a private entrance, a private mailbox, and sidewalk access. The listing also indicates the zoning permits construction of an ADU, with no HOA and no deed restrictions.

Key Highlights

  • As‑is cash‑only sale; seller will not allow utilities to be turned and access will not be provided
  • Deep 45' x 127' lot on 0.13 acres
  • Existing 3/2 main home plus detached 1/1 ADU, sold as‑is

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 $24.9k $17.88
− Vacancy −$1.7k −$1.21
EGI $23.2k $16.67
− OpEx −$7.0k −$5.00
NOI $16.3k $11.67
1,394 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$232.4K
$203.4K – $271.2K (±1% cap)
NOI $16,271 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$183.2K
$160.3K – $213.7K (±1% cap)
NOI $12,821 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$362.6K
$317.3K – $423.0K (±1% cap)
NOI $25,381 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Butcher Tanning Salon Fish Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

965
Businesses Nearby

Demographics for 33713, FL

31,321
Population
16,192
Households
1.9
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
6.5 sq mi
ZIP Area
4,819
Density / Sq Mi
$69,704
Median Household Income
$43,282
Median Earnings
$1,387
Median Rent
$279,000
Median Home Value

Market

Properties on Market for Duplexes in Pinellas County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - As-is cash-only duplex property with a detached 1/1 ADU on a small lot, with public water and sewer.
Where is this duplex located?
The property is located at 927 YALE Street N St Petersburg, FL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: As‑is cash‑only sale; seller will not allow utilities to be turned and access will not be provided; Deep 45' x 127' lot on 0.13 acres; Existing 3/2 main home plus detached 1/1 ADU, sold as‑is
More about this property
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