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Updated Triplex With Studio Unit
For Sale
$589,900

1500 30TH Avenue N, St Petersburg, FL 33704

Residential Income, ST PETERSBURG, FL

Property Size1,944 SF
Lot Size0.15 Acres
Price / SF$303.45
Days on Market159

Property Features for 1500 30TH Avenue N

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Parking features Off Street, Driveway, Open, On Street
Window features ENERGY STAR Qualified WIndows
Patio and Porch features Patio, Porch
Pets allowed Yes
Interior features Ceiling Fans(s), Eat-in Kitchen, Stone Counters, Window Treatments
Exterior features Fence, Private Entrance, Sprinkler Metered, Storage
Fencing Fenced
Appliances Electric Water Heater, Microwave, Range, Refrigerator
Subdivision WASHINGTON HEIGHTS
Lot features Corner Lot, City Limits, Sidewalk, Paved
Elementary school Woodlawn Elementary-PN
Middle school Meadowlawn Middle-PN
High school St. Petersburg High-PN
Directions From Dr M.L.K. Jr St N, Turn West onto 30th Ave N. Triplex will be on your left (south side) just before 16th St. For parking, turn left onto 15th St and park on side of road just before or after the alley - DO NOT PARK IN ALLEY
Standard status Active
APN 12-31-16-95022-002-0010
Size 1,944 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WASHINGTON HEIGHTS BLK B, LOT 1
Tax Annual Amount 7996
Legal Description WASHINGTON HEIGHTS BLK B, LOT 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

covered front porch
washer and dryer hookups
shared tenant storage space

Building Details

Year built 1949
Floors in Building 1
Number of units 3
Flooring type Tile - Ceramic, Wood
Building materials Block
Roof type Shingle
Additional Structures Storage
Listing Agency: EXP REALTY LLC
Listed By: Maria Crespo · License #3259788
Added: May 12 Changed: Oct 17 Last Checked: Oct 17 at 3:06PM
MLS# TB8507567

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,944-square-foot triplex on a 0.15-acre corner lot includes two front one-bedroom, one-bath apartments and a rear studio with a combined living and sleeping area, eat-in kitchen, and full bathroom. The front units retain period details including coved ceilings, arched doorways, and a covered porch, while flooring includes original hardwood and ceramic tile. Improvements since 2019 include remodeled kitchens, newer appliances, updated windows, fresh paint, and washer and dryer hookups. The HVAC system was replaced in 2017, and the building has block construction.

Located at 1500 30TH Avenue N in St. Petersburg, the property includes alley access to the rear unit, open and off-street parking, a driveway, and shared storage in the remaining garage area. Public water and sewer serve the property, with central air and electric heating.

Key Highlights

  • 1,944‑square‑foot triplex on a 0.15‑acre corner lot
  • Unit mix includes two 1‑bedroom, 1‑bath apartments and a rear studio
  • Rear studio converted in 2019 with alley access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,691
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,820 $453.8K
Cap Rate 7%
$324,157 $324.2K
Cap Rate 9%
$252,122 $252.1K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$34.8K $17.88/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$32.4K $16.67/SF
− OpEx
−$9.7K −$5.00/SF
NOI
$22.7K $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%
$453,820
Cap Rate 7%
$324,157
Cap Rate 9%
$252,122

Alternative Uses

Best Use
Multifamily LT 5
$324.2K
$283.6K – $378.2K (±1% cap)
NOI $22,691 @ 7.0% cap · market cap 3.85%
Second Best
Apartment 5plus
$255.4K
$223.5K – $298.0K (±1% cap)
NOI $17,879 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$505.6K
$442.4K – $589.9K (±1% cap)
NOI $35,395 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Daycare Center Dental Office Electrical Service Pharmacy Parking Lot & Garage HVAC Service

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

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

805
Businesses Nearby

Demographics for 33704, FL

16,031
Population
9,037
Households
1.8
Avg Household Size
46
Median Age
58%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,715
Density / Sq Mi
$102,647
Median Household Income
$63,803
Median Earnings
$1,398
Median Rent
$657,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with two one-bedroom apartments and a rear studio, plus shared storage and on-site parking.
Where is this triplex located?
The property is located at 1500 30TH Avenue N St Petersburg, FL.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: 1,944‑square‑foot triplex on a 0.15‑acre corner lot; Unit mix includes two 1‑bedroom, 1‑bath apartments and a rear studio; Rear studio converted in 2019 with alley access
More about this property
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