Two-Unit Duplex
510 91ST N AVENUE St Petersburg, FL 33702
For Sale
$314,900
Duplex with two units, separate electric and water meters, and shared laundry room between the homes.
Property Size1,396 SF
Price / SF$225.57
Days on Market541
Property Features for 510 91ST N AVENUE
General Information
- Standard status
- Active
- Size
- 1,396 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1972
Listing Agency:
Beycome Of Florida LLC
(804) 656-5007
Listed By:
Steven Koleno · License #3469487
(804) 656-5007
Source:
Exitrealty
Added: Jan 29, 2025
Changed: Jul 20
Last Checked: Jul 23 at 4:47AM
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 Beycome Of Florida LLC
Investment Insights
Based on property information with market context.
This duplex consists of two separate units. Unit 1 features three bedrooms and one bathroom, while Unit 2 offers two bedrooms and one bathroom. A dedicated laundry room is located between the units. Convenient parking is available on either end of the property.
The property is equipped with separate electric and water meters, supporting flexible arrangements for tenants or an owner-occupant setup.
The configuration provides two self-contained living spaces within a single duplex footprint, with utilities metered separately for each unit.
The property is equipped with separate electric and water meters, supporting flexible arrangements for tenants or an owner-occupant setup.
The configuration provides two self-contained living spaces within a single duplex footprint, with utilities metered separately for each unit.
Key Highlights
- Duplex built in 1972 with 2 units
- Unit 1 offers 3 bedrooms and 1 bathroom
- Unit 2 offers 2 bedrooms and 1 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 | $25.0k | $17.88 |
| − Vacancy | −$1.7k | −$1.21 |
| EGI | $23.3k | $16.67 |
| − OpEx | −$7.0k | −$5.00 |
| NOI | $16.3k | $11.67 |
1,396 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$232.8K
$203.7K – $271.6K
NOI $16,295 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$183.4K
$160.5K – $214.0K
NOI $12,839 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$363.1K
$317.7K – $423.6K
NOI $25,418 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two units, separate electric and water meters, and shared laundry room between the homes.
Where is this duplex located?
The property is located at 510 91ST N AVENUE St Petersburg, FL.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Duplex built in 1972 with 2 units; Unit 1 offers 3 bedrooms and 1 bathroom; Unit 2 offers 2 bedrooms and 1 bathroom
