2-Unit Residential
1340 13TH AVE S, St Petersburg, FL 33713
For Sale
$359,999
Each residence offers two bedrooms and one bathroom, with new flooring in the upper unit.
Property Size1,552 SF
Lot Size0.12 Acres
Price / SF$231.96
Days on Market144
Property Features for 1340 13TH AVE S
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
EJI & ASSOCIATES LLC
Listed By:
Erica Williams
(727) 822-2424
Source:
Shore2bay
Added: Jun 19
Changed: Nov 7
Last Checked: Nov 8 at 5:30PM
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 EJI & ASSOCIATES LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1925, this duplex contains two separate residences, each configured with two bedrooms and one bathroom. The property provides 1,552 square feet of living area on a 5,245-square-foot lot. New flooring was installed in the upper unit, completed 8/25.
The property is in St. Petersburg, minutes from downtown and approximately 15 minutes from St. Pete Beach and the Gulf. Nearby context cited includes Tropicana Field and the Historic Gas Plant District redevelopment, along with shopping, dining, hospitals, and major employment centers.
The property is in St. Petersburg, minutes from downtown and approximately 15 minutes from St. Pete Beach and the Gulf. Nearby context cited includes Tropicana Field and the Historic Gas Plant District redevelopment, along with shopping, dining, hospitals, and major employment centers.
Key Highlights
- Two separate 2‑bedroom, 1‑bath residences
- 1,552 square feet of living area
- 5,245‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,116
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,320
$362.3K
Cap Rate 7%
$258,800
$258.8K
Cap Rate 9%
$201,289
$201.3K
Market Conditions
NOI Build-Up for 1,552 SF
Gross rent
$27.7K $17.88/SF
− Vacancy
−$1.9K −$1.21/SF
EGI
$25.9K $16.67/SF
− OpEx
−$7.8K −$5.00/SF
NOI
$18.1K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,320
Cap Rate 7%
$258,800
Cap Rate 9%
$201,289
Alternative Uses
Best Use
Multifamily LT 5
$258.8K
$226.5K – $301.9K
NOI $18,116 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$240.6K
$210.5K – $280.7K
NOI $16,843 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$403.7K
$353.2K – $471.0K
NOI $28,258 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
Demographics for 33713, FL
31,321
Population
16,192
Households
1.9
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
6.5 sq mi
ZIP Area
4,819
Density / Sq Mi
$69,704
Median Household Income
$43,282
Median Earnings
$1,387
Median Rent
$279,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in St Petersburg, FL
Properties on Market for Duplexes in St Petersburg
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms and one bathroom, with new flooring in the upper unit.
Where is this duplex located?
The property is located at 1340 13TH AVE S St Petersburg, FL.
What is the asking price?
The asking price for this property is $359,999.
What are key features of this property?
This property features: Two separate 2‑bedroom, 1‑bath residences; 1,552 square feet of living area; 5,245‑square‑foot lot
