Updated 4-Unit
For Sale
$599,999
1033 19TH AVE S, St Petersburg, FL 33705
Four matching two-bedroom residences are arranged across two floors, with two units on each level.
Property Size2,892 SF
Price / SF$207.47
Days on Market189
Property Features for 1033 19TH AVE S
General Information
Standard status
Active
Size
2,892 SF
Property subtype
Quadruplex
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Gross Income
$64,800
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,577
Amenities
fully fenced yard
Building Details
Building Size
2,892 SF
Year Built
1925
Year Renovated
2025
Stories
2
Listing Agency:
KELLER WILLIAMS ST PETE REALTY
Listed By:
Christine Mitchell · License #3393440
(727) 420-9236
Source:
Shore2bay
Added: Apr 29
Changed: Oct 31
Last Checked: Oct 31 at 2:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS ST PETE REALTY
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Investment Insights
Based on property information with market context.
This two-story quadplex contains four matching residences, each with two bedrooms and one bathroom. The units are split evenly between the upper and lower floors. The 2,892-square-foot property was renovated in 2025, with interior updates and a newly painted exterior.
Set in St. Petersburg, the property has vehicle parking at both the front and rear, along with a fenced yard. It was built in 1925 and is located near downtown, with access to I-275.
Set in St. Petersburg, the property has vehicle parking at both the front and rear, along with a fenced yard. It was built in 1925 and is located near downtown, with access to I-275.
Key Highlights
- Four units, each with 2 bedrooms and 1 bathroom
- 2,892 square feet across two stories
- Renovated in 2025; exterior freshly painted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,757
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,140
$675.1K
Cap Rate 7%
$482,243
$482.2K
Cap Rate 9%
$375,078
$375.1K
Market Conditions
NOI Build-Up for 2,892 SF
Gross rent
$51.7K $17.88/SF
− Vacancy
−$3.5K −$1.21/SF
EGI
$48.2K $16.67/SF
− OpEx
−$14.5K −$5.00/SF
NOI
$33.8K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$675,140
Cap Rate 7%
$482,243
Cap Rate 9%
$375,078
Alternative Uses
Best Use
Multifamily LT 5
$482.2K
$422.0K – $562.6K
NOI $33,757 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$380.0K
$332.5K – $443.3K
NOI $26,598 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$752.2K
$658.2K – $877.6K
NOI $52,656 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
671
Businesses Nearby
Explore this area
Business Placement
Demographics for 33705, FL
27,915
Population
15,171
Households
1.8
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
5.6 sq mi
ZIP Area
4,985
Density / Sq Mi
$70,783
Median Household Income
$40,370
Median Earnings
$1,457
Median Rent
$321,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four matching two-bedroom residences are arranged across two floors, with two units on each level.
Where is this quadplex located?
The property is located at 1033 19TH AVE S St Petersburg, FL.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; 2,892 square feet across two stories; Renovated in 2025; exterior freshly painted
