Duplex with Detached
1919 21ST S STREET St Petersburg, FL 33712
1919 21ST S STREET, St Petersburg, FL, 33712
$639,900
Pending
For Sale
$639,900
Pending
Two separate residences include a 4-bedroom main house and a detached 2-bedroom unit with a 2-car garage.
Property Size2,240 SF
Days on Market640
Property Features for 1919 21ST S STREET
General Information
- Standard status
- Pending
- Size
- 2,240 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2024
Listing agency
TURNKEY REAL ESTATE BROKERAGE
(727) 320-6566
Listed by
Shawntavia Turner · License #3342626
(727) 320-6566
Source
Exitrealty
Added: Oct 21, 2024 Updated: Jul 22 at 7:26AM Checked: Jul 22 at 7:26AM
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 TURNKEY REAL ESTATE BROKERAGE
Investment Insights
Based on property information with market context.
This duplex-style property features a spacious 4-bedroom, 2-bath main house with an open floor plan designed for a seamless flow through the living areas. The kitchen offers a large island, granite countertops, and stainless steel appliances, and the home includes two bathrooms to support everyday convenience.
A detached 2-bedroom, 1-bath apartment provides a separate living space with its own 2-car garage, offering flexibility for rental use or related living arrangements.
The combination of the main residence and detached unit creates an owner-managed setup that can support multi-generational living or generate additional income, depending on how the property is used.
A detached 2-bedroom, 1-bath apartment provides a separate living space with its own 2-car garage, offering flexibility for rental use or related living arrangements.
The combination of the main residence and detached unit creates an owner-managed setup that can support multi-generational living or generate additional income, depending on how the property is used.
Key Highlights
- Built in 2024: spacious 4‑bedroom, 2‑bath main house with an open floor plan
- Kitchen features a large island, granite countertops, and stainless steel appliances
- Includes a detached 2‑bedroom, 1‑bath apartment for rental or extended‑family use
Local 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 | $40.1k | $17.88 |
| − Vacancy | −$2.7k | −$1.21 |
| EGI | $37.4k | $16.67 |
| − OpEx | −$11.2k | −$5.00 |
| NOI | $26.1k | $11.67 |
2,240 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$373.5K
$326.8K – $435.8K
NOI $26,146 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$294.3K
$257.5K – $343.4K
NOI $20,602 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$582.6K
$509.8K – $679.8K
NOI $40,785 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate residences include a 4-bedroom main house and a detached 2-bedroom unit with a 2-car garage.
Where is this duplex located?
The property is located at 1919 21ST S STREET St Petersburg, FL.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Built in 2024: spacious 4‑bedroom, 2‑bath main house with an open floor plan; Kitchen features a large island, granite countertops, and stainless steel appliances; Includes a detached 2‑bedroom, 1‑bath apartment for rental or extended‑family use
