Duplex With Detached
For Sale
$329,999
2156 17th Ave S, St Petersburg, FL 33712
Two separate residences include a vacant main home and a detached apartment on a non-flood-zone lot.
Property Size1,481 SF
Price / SF$222.82
Days on Market95
Property Features for 2156 17th Ave S
General Information
Standard status
Active
Size
1,481 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$20,340
Building Details
Year Built
1925
Listing Agency:
INSTA REAL ESTATE SOLUTIONS
Listed By:
Charles Rountree, P.A. · License #3361271
(813) 586-0654
Source:
Fulcrum-residential
Added: Jul 14
Changed: Sep 5
Last Checked: Oct 5 at 7:34PM
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 INSTA REAL ESTATE SOLUTIONS
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Investment Insights
Based on property information with market context.
This duplex property combines a three-bedroom, one-bathroom main residence with a detached one-bedroom, one-bathroom apartment. The main home is vacant and move-in ready, while the separate apartment provides additional income-producing space. Total living area is approximately 1,481 square feet, including about 1,106 square feet in the primary residence and 375 square feet in the apartment.
Built in 1925, the property received a new roof in March 2026. Both units are described as well-maintained and ready for use, and a satisfactory 4-point inspection is included. The site has a clean no-flood history and is located in a non-flood zone. Its St. Petersburg address provides access to downtown attractions, parks, dining, beaches, and major commuting routes.
Built in 1925, the property received a new roof in March 2026. Both units are described as well-maintained and ready for use, and a satisfactory 4-point inspection is included. The site has a clean no-flood history and is located in a non-flood zone. Its St. Petersburg address provides access to downtown attractions, parks, dining, beaches, and major commuting routes.
Key Highlights
- Two‑unit configuration with a 3‑bedroom main residence and detached 1‑bedroom apartment
- Approximately 1,481 SF of total living space
- Main residence measures approximately 1,106 SF; detached apartment measures 375 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,287
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,740
$345.7K
Cap Rate 7%
$246,957
$247.0K
Cap Rate 9%
$192,078
$192.1K
Market Conditions
NOI Build-Up for 1,481 SF
Gross rent
$26.5K $17.88/SF
− Vacancy
−$1.8K −$1.21/SF
EGI
$24.7K $16.67/SF
− OpEx
−$7.4K −$5.00/SF
NOI
$17.3K $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%
$345,740
Cap Rate 7%
$246,957
Cap Rate 9%
$192,078
Alternative Uses
Best Use
Multifamily LT 5
$247.0K
$216.1K – $288.1K
NOI $17,287 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$194.6K
$170.3K – $227.0K
NOI $13,621 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$385.2K
$337.1K – $449.4K
NOI $26,965 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
641
Businesses Nearby
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Business Placement
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include a vacant main home and a detached apartment on a non-flood-zone lot.
Where is this duplex located?
The property is located at 2156 17th Ave S St Petersburg, FL.
What is the asking price?
The asking price for this property is $329,999.
What are key features of this property?
This property features: Two‑unit configuration with a 3‑bedroom main residence and detached 1‑bedroom apartment; Approximately 1,481 SF of total living space; Main residence measures approximately 1,106 SF; detached apartment measures 375 SF
