Move-In Ready Duplex with
860 25TH N AVENUE St Petersburg, FL 33704
860 25TH N AVENUE, St Petersburg, FL, 33704
$775,000
For Sale
$775,000
Duplex offers a renovated first-floor 3/2 home and a separate upstairs apartment with private entrance and separate utilities.
Property Size2,564 SF
Price / SF$302.26
Days on Market481
Property Features for 860 25TH N AVENUE
General Information
- Standard status
- Active
- Size
- 2,564 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1950
Listing agency
PREMIER SOTHEBYS INTL REALTY
(727) 667-3355
Listed by
Lisa Story · License #3221047
(727) 667-3355
Source
Exitrealty
Added: Mar 29, 2025 Updated: Jul 22 at 12:10PM Checked: Jul 22 at 12:10PM
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 PREMIER SOTHEBYS INTL REALTY
Investment Insights
Based on property information with market context.
A move-in ready duplex in St. Petersburg offers two distinct living spaces. The updated first-floor main home features three bedrooms and two bathrooms, with a renovated kitchen, refinished original hardwood floors, cove ceilings, double-pane vinyl windows with window treatments, and updated baths. Additional improvements include a newer roof, a tankless water heater, three HVAC units, fresh interior and exterior paint, and a large interior laundry room with ample storage. Parking includes a three-car carport and a one-car garage.
The property also includes a spacious, separate upstairs legal apartment with two bedrooms and one bathroom. It offers a generous living room, a cute sunroom, a bonus room/office/den, and a full kitchen with a large dining area. Access is through a private entrance above the courtyard, and the back house/upper unit is on a separate electric meter with its own HVAC and tankless water heater.
Outside, the home sits on a fully fenced property from the front yard to the alley, with off-street parking secured by fencing and gates. The courtyard includes ambient lighting, a fountain and gazebo, and a hot tub.
The property also includes a spacious, separate upstairs legal apartment with two bedrooms and one bathroom. It offers a generous living room, a cute sunroom, a bonus room/office/den, and a full kitchen with a large dining area. Access is through a private entrance above the courtyard, and the back house/upper unit is on a separate electric meter with its own HVAC and tankless water heater.
Outside, the home sits on a fully fenced property from the front yard to the alley, with off-street parking secured by fencing and gates. The courtyard includes ambient lighting, a fountain and gazebo, and a hot tub.
Key Highlights
- Move‑in ready duplex with an updated first‑floor 3 bed/2 bath main home and a separate upstairs apartment with private entrance
- Main home features a renovated kitchen, tankless water heater, refinished original hardwood floors, double‑pane vinyl windows, and updated baths
- Includes 3‑car carport, 1‑car garage, and fully fenced property from front yard to alley for added privacy and secured off‑street parking
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 | $45.8k | $17.88 |
| − Vacancy | −$3.1k | −$1.21 |
| EGI | $42.8k | $16.67 |
| − OpEx | −$12.8k | −$5.00 |
| NOI | $29.9k | $11.67 |
2,564 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$427.5K
$374.1K – $498.8K
NOI $29,928 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$336.9K
$294.8K – $393.0K
NOI $23,581 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$666.9K
$583.6K – $778.1K
NOI $46,684 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex offers a renovated first-floor 3/2 home and a separate upstairs apartment with private entrance and separate utilities.
Where is this duplex located?
The property is located at 860 25TH N AVENUE St Petersburg, FL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Move‑in ready duplex with an updated first‑floor 3 bed/2 bath main home and a separate upstairs apartment with private entrance; Main home features a renovated kitchen, tankless water heater, refinished original hardwood floors, double‑pane vinyl windows, and updated baths; Includes 3‑car carport, 1‑car garage, and fully fenced property from front yard to alley for added privacy and secured off‑street parking
