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    827 Paris Ave S St Petersburg, FL 33701

    For Sale
    $350,000

    Cash-flowing duplex in prime St. Petersburg location, minutes from downtown.

    Lot size:
    0.08 Acres

    Property Features for 827 Paris Ave S

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1948

    Source: RENT AND REALTY Agent Jerilyn Smith

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Duplex in St. Pete

    This turnkey duplex presents an investment opportunity in South St. Petersburg, located minutes from downtown. The property has strong cash flows and was undamaged by storms or floods last year. Each unit is separately metered and well-maintained, intended for long-term rental success. Unit A, located upstairs, is a vacant 3-bedroom, 1-bathroom unit. Unit B, located downstairs, is a 2-bedroom, 1-bathroom unit and is currently rented. Both units share a hot water heater. The property is positioned to expand an investment portfolio or begin a real estate investing journey, delivering immediate upside and long-term potential. The pro forma financials, when fully rented, project a monthly gross income of approximately $3,750 and an annual gross income of approximately $45,000.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6449681
    Latitude
    27.7542777

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    FAQs

    What type of property is this?
    Duplex - Cash-flowing duplex in prime St. Petersburg location, minutes from downtown.
    Where is this duplex located?
    The property is located at 827 Paris Ave S St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Turnkey duplex investment property with strong cash flow potential; - Prime St. Pete location, minutes from downtown; - One vacant 3-bedroom/1-bathroom unit and one rented 2-bedroom/1-bathroom unit
    (813) 842-5779
    Request Owner's contact information
    827 Paris Ave S St Petersburg, FL 33701
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    St Petersburg, FL 33701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    827 Paris Ave S St Petersburg, FL 33701
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