Updated Triplex in Central Pinellas

1713 AZALEA Ct, Oldsmar, FL 34677

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For Sale

$810,000

Turn-key triplex with updated units and immediate income potential.

Type:Investment

Property size:

3,468 SF

Price / SF:

$233/SF

HighLights

Turn‑key, fully updated triplex with immediate rental income from three identical units.
No HOA fees.
Granite kitchens, new flooring, and renovated bathrooms in all units.
Each unit features 2 bedrooms, 1.5 bathrooms, a private fenced yard, and an upstairs balcony.
Prime central Pinellas location near shopping, dining, major highways, Tampa International Airport, Clearwater, and Gulf beaches.
Property remained unaffected during the 2024 hurricane events.

We can help!

Listing Contact

Jim Ong

Learn more

For Sale

$810,000

Turn-key triplex with updated units and immediate income potential.

Type:Investment

Property size:

3,468 SF

Price / SF:

$233/SF

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 5:46 pm

Property Features for 1713 AZALEA Ct

General Information

Standard status: Active
Size: 3,468 SF
Property subtype: Investment

Building Details

Year Built: 1986

We can help!

Listing Contact

Jim Ong

Listing agent Jim Ong

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Jim Ong

HighLights

Turn‑key, fully updated triplex with immediate rental income from three identical units.
No HOA fees.
Granite kitchens, new flooring, and renovated bathrooms in all units.
Each unit features 2 bedrooms, 1.5 bathrooms, a private fenced yard, and an upstairs balcony.
Prime central Pinellas location near shopping, dining, major highways, Tampa International Airport, Clearwater, and Gulf beaches.
Property remained unaffected during the 2024 hurricane events.

Overview

This turn-key, fully updated triplex offers 3,468 square feet and features three identical townhome-style units, each with 2 bedrooms and 1.5 bathrooms. The property has been extensively updated with granite kitchens, new flooring, and renovated bathrooms. Each unit includes an upstairs balcony and a private fenced yard. The property remained unaffected during the 2024 hurricane events. All three units are currently rented, providing immediate income for an investor. The property is located in a prime central Pinellas location near shopping, dining, major highways, Tampa International Airport, Clearwater, and the Gulf beaches. The location has a bike score of 40, indicating it is somewhat bikeable, a walk score of 6, indicating it is car-dependent, and a transit score of 19, indicating minimal transit options.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$62.0k	$17.88
− Vacancy	−$4.2k	−$1.21
EGI	$57.8k	$16.67
− OpEx	−$17.3k	−$5.00
NOI	$40.5k	$11.67

3,468 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$578.3K

$506.0K – $674.7K (±1% cap)

NOI $40,480 @ 7.0% cap · market cap 5.00%

Second Best

Apartment 5plus

$455.7K

$398.7K – $531.6K (±1% cap)

NOI $31,896 @ 7.0% cap · market cap 3.94%

Theoretical Best

Office A

$902.1K

$789.3K – $1.05M (±1% cap)

NOI $63,144 @ 7.0% cap · market cap 7.80%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Oldsmar
County: Pinellas
State: Florida
Longitude: -82.689889
Latitude: 28.045523

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For sale
Triplexes
FL
Oldsmar
34677
1713 AZALEA Ct

What type of property is this?

Triplex - Turn-key triplex with updated units and immediate income potential.

Where is this triplex located?

The property is located at 1713 AZALEA Ct Oldsmar, FL.

What is the asking price?

The asking price for this property is $810,000.

What are key features of this property?

This property features: Turn‑key, fully updated triplex with immediate rental income from three identical units.; No HOA fees.; Granite kitchens, new flooring, and renovated bathrooms in all units.