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4-Unit Quadplex with Alley Parking

1519 22ND ST S, St Petersburg, FL 33712

For Sale
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All four residences are leased, with rear parking pads reached from the alley.

Property SizeContact for details
Lot Size0.26 Acres
Days on Market32

Property Features for 1519 22ND ST S

General Information

Standard status Active
Lot size 0.26 Acres
Property subtype Multifamily
Occupancy 100%
Net Operating Income $87,808

Financials

Asking Price $1,400,000
Cap Rate 6.27%

Units

Unit Mix 4 x 3BR/2.5BA
Multifamily Units 4

Additional Details

Road Access Yes
Tenant in Place Yes

Building Details

Year Built 2021
Buildings 2
Stories 2
Construction concrete block
Listing Agency: Compass
Listed By: Brad Kuskin · License #BK3333122
Source: Crexi
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 4:59PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

At 1519–1529 22nd St S, the property comprises two two-story duplex buildings constructed of concrete block and topped with tile roofs. Built in 2021, the buildings contain four three-bedroom, 2.5-bathroom residences averaging about 1,760 SF each. The site covers 0.26 acres and has 100 ft of frontage on 22nd St S. Rear parking pads are accessed from the alley.

All four units are leased. Three are under HAP contracts—two with the St. Petersburg Housing Authority and one with the Pinellas County Housing Authority—while the remaining residence is leased at market. Tenants pay for electricity; ownership covers water.

Key Highlights

  • Four residences, each with 3 bedrooms and 2.5 bathrooms; average unit size is about 1,760 SF
  • Two‑story, concrete block duplex buildings with tile roofs, built in 2021
  • 0.26‑acre site with 100 ft of frontage on 22nd St S

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby

Demographics for 33712, FL

26,395
Population
13,055
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
4,124
Density / Sq Mi
$57,729
Median Household Income
$39,589
Median Earnings
$1,440
Median Rent
$300,600
Median Home Value
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Market

Average Price Trend$/SF for Quadplexes in St Petersburg, FL

$372 Jul
$335 Aug
$355 Sep
$345 Oct

Properties on Market for Quadplexes in St Petersburg

Jul
Aug
Sep
Oct

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?
Quadplex - All four residences are leased, with rear parking pads reached from the alley.
Where is this quadplex located?
The property is located at 1519 22ND ST S St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Four residences, each with 3 bedrooms and 2.5 bathrooms; average unit size is about 1,760 SF; Two‑story, concrete block duplex buildings with tile roofs, built in 2021; 0.26‑acre site with 100 ft of frontage on 22nd St S
(561) 232-7899 · Office Call to check price and availability
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