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Renovated 4-Unit Quadplex
For Sale
$599,999

1033 19TH Avenue S, St Petersburg, FL 33705

Residential Income, ST PETERSBURG, FL

Property Size2,892 SF
Lot Size0.15 Acres
Price / SF$207.47
Days on Market189

Property Features for 1033 19TH Avenue S

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 8, Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 7, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Interior features Ceiling Fans(s)
Exterior features Fence, Lighting, Private Entrance, Private Mailbox, Sidewalk
Fencing Fenced
Subdivision CROMWELL HEIGHTS
Directions Take 9th Street / MLK Street South from Central Ave to 19th Ave S, turn right on 19th Ave S to address on right side.
Standard status Active
APN 25-31-16-19350-002-0120
Size 2,892 SF
Lot size 0.15 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description CROMWELL HEIGHTS BLK B, LOT 12
Tax Annual Amount 6578
Legal Description CROMWELL HEIGHTS BLK B, LOT 12

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

fenced yard

Building Details

Year built 1925
Building materials Brick
Roof type Shingle
Buildings 1
Listing Agency: KELLER WILLIAMS SOUTH TAMPA · Keller Williams Realty
Listed By: Aldo Delacruz · License #3324423
Added: Apr 29 Changed: Oct 23 Last Checked: Nov 3 at 8:06AM
MLS# TB8503357

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.

Rey
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Investment Insights

Based on property information with market context.

This two-story, 2,892-square-foot quadplex contains four matching apartments, each with two bedrooms and one bathroom. The building was constructed in 1925 and renovated in 2025. Brick construction, a shingle roof, window-unit cooling, and ductless heating are among its physical features. The 0.15-acre parcel has a fenced yard and parking areas at the front and rear.

The property is in St. Petersburg, minutes from downtown, with access to I-275. Public water and sewer serve the site.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • 2,892‑square‑foot building on 0.15 acres
  • Two‑story layout with two residences on each floor

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 (±1% cap)
NOI $33,757 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$380.0K
$332.5K – $443.3K (±1% cap)
NOI $26,598 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$752.2K
$658.2K – $877.6K (±1% cap)
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
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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

671
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom residences are arranged across two levels, with parking available at both the front and rear.
Where is this quadplex located?
The property is located at 1033 19TH Avenue 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 apartments, each with 2 bedrooms and 1 bathroom; 2,892‑square‑foot building on 0.15 acres; Two‑story layout with two residences on each floor
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