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Solid-Block Duplex with Xeriscaped Yards
For Sale
$455,000

410 73RD AVE, St Pete Beach, FL 33706

Two-unit property near St. Pete Beach offers updated exterior components and flexible rental or owner-occupant use.

Property Size1,400 SF
Days on Market571

Property Features for 410 73RD AVE

General Information

Standard status Active
Size 1,400 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $7,300

Building Details

Building Size 1,400 SF
Year Built 1954
Buildings 1
Construction block
Tenancy Multi
Listing Agency: EXP REALTY LLC
Listed By: Valerie McClary · License #3106058
Source: Judibeck
Added: Jan 10, 2025 Changed: Aug 1 Last Checked: Aug 1 at 11:05AM

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 EXP REALTY LLC

Investment Insights

Based on property information with market context.

This two-unit duplex in St. Pete Beach has a solid-block structure, with each residence offering two bedrooms, one bathroom, and a private backyard featuring low-maintenance xeriscaping. The property is being sold as-is and has minor interior hurricane-related damage. Improvements include a newer roof installed in late 2023, hurricane-rated double-pane windows from 2014, and soundproofing between the units.

Located at 410 73rd Avenue, the property is within walking distance of restaurants, shops, gyms, spas, and entertainment. St. Pete Beach, Boca Ciega Bay, and the Corey Avenue Farmers Market are nearby. The layout supports leasing both residences or occupying one unit while renting the other, subject to verification of local short-term rental regulations.

Key Highlights

  • Duplex with two 2‑bedroom, 1‑bath units
  • Solid‑block construction with soundproofing between units
  • Roof installed in late 2023

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
1,400 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$233.4K
$204.3K – $272.4K (±1% cap)
NOI $16,341 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$183.9K
$161.0K – $214.6K (±1% cap)
NOI $12,876 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$364.2K
$318.6K – $424.9K (±1% cap)
NOI $25,491 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Garden Center Storage Facility Carpet & Flooring Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,001
Businesses Nearby

Demographics for 33706, FL

15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
Median Home Value

Market

Properties on Market for Duplexes in Pinellas County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property near St. Pete Beach offers updated exterior components and flexible rental or owner-occupant use.
Where is this duplex located?
The property is located at 410 73RD AVE St Pete Beach, FL.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Duplex with two 2‑bedroom, 1‑bath units; Solid‑block construction with soundproofing between units; Roof installed in late 2023
More about this property
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