Duplex Apartments in Robin
3724 59TH N STREET St Petersburg, FL 33710
3724 59TH N STREET, St Petersburg, FL, 33710
$432,000
For Sale
$432,000
Duplex with two units in a convenient St. Pete location.
Property Size1,728 SF
Price / SF$250
Days on Market460
Property Features for 3724 59TH N STREET
General Information
- Standard status
- Active
- Size
- 1,728 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1966
Listing Agency
COLDWELL BANKER REALTY
(813) 734-9659
Listed by
Kennedy Ferguson · License #3561907
(813) 734-9659
Source
Exitrealty
Added: Apr 14, 2025 Checked: Jul 17 at 3:39 am
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This property features duplex apartments located in the Robin Hill neighborhood. The structure contains two units, each with 2 bedrooms and 1 bathroom. Covered parking and laundry rooms are available. The property is situated in a convenient location within St. Petersburg. The property size is 1728 square feet. This property presents a rare opportunity for ownership.
Key Highlights
- Duplex apartments offer investment or owner‑occupancy potential.
- Two 2 bed/1 bath units provide comfortable living spaces.
- Covered parking protects vehicles from the elements.
Local 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 | $30.9k | $17.88 |
| − Vacancy | −$2.1k | −$1.21 |
| EGI | $28.8k | $16.67 |
| − OpEx | −$8.6k | −$5.00 |
| NOI | $20.2k | $11.67 |
1,728 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$288.1K
$252.1K – $336.2K
NOI $20,170 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$227.0K
$198.7K – $264.9K
NOI $15,893 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$449.5K
$393.3K – $524.4K
NOI $31,463 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two units in a convenient St. Pete location.
Where is this duplex located?
The property is located at 3724 59TH N STREET St Petersburg, FL.
What is the asking price?
The asking price for this property is $432,000.
What are key features of this property?
This property features: Duplex apartments offer investment or owner‑occupancy potential.; Two 2 bed/1 bath units provide comfortable living spaces.; Covered parking protects vehicles from the elements.
