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Four-Unit Quadplex with Updated Interiors
For Sale
$624,999

1033 19TH Avenue S, St Petersburg, FL 33705

MULTI_FAMILY - ST PETERSBURG, FL

Property Size2,892 SF
Lot Size0.15 Acres
Price / SF$216.11
Days on Market98

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 Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 8, Bedroom 5, Bedroom 6
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

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

Building Details

Year built 1925
Building materials Brick
Roof type Shingle
Listing Agency: KELLER WILLIAMS SOUTH TAMPA · Keller Williams Realty
Listed By: Aldo Delacruz · License #3324423
Added: Apr 29 Changed: Aug 1 Last Checked: Aug 4 at 4:06AM
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.

Investment Insights

Based on property information with market context.

This updated four-unit quadplex is a two-story brick building designed with four identical units. The layout places two units upstairs and two units downstairs, with each unit offering two bedrooms and one bathroom. Interior updates and a freshly painted exterior were completed in 2025.

The property includes features such as ceiling fans, ductless heating, and window/wall air conditioning, along with a shingle roof. Exterior amenities include a fenced yard, private entrances, and sidewalks, supporting tenant privacy and day-to-day convenience. Ample parking is available in both the front and rear.

Utilities are provided via public water and public sewer. Set on a 0.15-acre lot with an overall size of 2,892 square feet, the property is in a quiet residential neighborhood while remaining minutes from downtown St. Petersburg and providing quick access to I-275.

Key Highlights

  • Renovated in 2025 with updated interiors and freshly painted exterior
  • Two‑story brick quadplex with four identical units—two upstairs, two downstairs
  • Each unit offers two bedrooms and one bathroom

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 $51.7k $17.88
− Vacancy −$3.5k −$1.21
EGI $48.2k $16.67
− OpEx −$14.5k −$5.00
NOI $33.8k $11.67
2,892 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$482.2K
$422.0K – $562.6K (±1% cap)
NOI $33,757 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$380.0K
$332.5K – $443.3K (±1% cap)
NOI $26,598 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$752.2K
$658.2K – $877.6K (±1% cap)
NOI $52,656 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Dental Office Building Supply Real Estate Agency Skin Care Clinic

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

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

Market

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?
Quadplex - Two-story quadplex renovated in 2025, offering four identical 2-bedroom, 1-bath units with fenced yard and parking.
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 $624,999.
What are key features of this property?
This property features: Renovated in 2025 with updated interiors and freshly painted exterior; Two‑story brick quadplex with four identical units—two upstairs, two downstairs; Each unit offers two bedrooms and one bathroom
More about this property
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