Renovated Single-Family with Detached
2521 4TH Street S St Petersburg, FL 33705
2521 4TH Street S, St Petersburg, FL, 33705
$375,000
For Sale
$375,000
MULTI_FAMILY - ST PETERSBURG, FL
Property Size1,296 SF
Lot Size0.13 Acres
Price / SF$289.35
Days on Market56
Property Features for 2521 4TH Street S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 2
- Interior features
- Ceiling Fans(s)
- Exterior features
- Awning(s)
- Appliances
- Electric Water Heater, Range, Refrigerator
- Standard status
- Active
- APN
- 31-31-17-36684-000-0180
- Size
- 1,296 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- HARBORDALE SUB LOT 18
- Tax Annual Amount
- 7106
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Ductless (Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1938
- Floors in Building
- 1
- Flooring type
- Laminate
- Building materials
- Frame
- Roof type
- Shingle
Listing agency
COMPASS FLORIDA LLC
(727) 380-2067
Listed by
Joseph Snyder, LLC · License #3292721
(352) 634-1590
Added: May 28 Updated: Jul 20 at 9:00PM Checked: Jul 21 at 11:06PM
MLS# TB8514346
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.
Investment Insights
Based on property information with market context.
This fully renovated single-family home includes a 2-bedroom, 2-bath main house and a detached studio apartment (mother-in-law suite). Both units have been completely updated with modern finishes, creating a clean, move-in-ready setup designed to support separate living arrangements.
The property is located in St. Petersburg, Florida in a non-flood zone. It is described as being near downtown St. Petersburg and Lassing Park, providing convenient access to dining, entertainment, and outdoor spaces.
As configured, the home supports an owner-occupant option where one unit can be lived in while the other provides supplemental rental income, alongside the potential for an investor to own a two-unit residential income property.
The property is located in St. Petersburg, Florida in a non-flood zone. It is described as being near downtown St. Petersburg and Lassing Park, providing convenient access to dining, entertainment, and outdoor spaces.
As configured, the home supports an owner-occupant option where one unit can be lived in while the other provides supplemental rental income, alongside the potential for an investor to own a two-unit residential income property.
Key Highlights
- Fully renovated single‑family home plus detached studio apartment (mother‑in‑law suite) in St. Petersburg
- Main house is a 2/2 renting for $2,500/month; detached studio rents for $1,100/month
- Located in a non‑flood zone (per listing remarks) with Public Sewer and Public Water
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 | $23.2k | $17.88 |
| − Vacancy | −$1.6k | −$1.21 |
| EGI | $21.6k | $16.67 |
| − OpEx | −$6.5k | −$5.00 |
| NOI | $15.1k | $11.67 |
1,296 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$216.1K
$189.1K – $252.1K
NOI $15,127 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$170.3K
$149.0K – $198.7K
NOI $11,919 @ 7.0% cap · market cap 3.18%
Theoretical Best
Office A
$337.1K
$295.0K – $393.3K
NOI $23,597 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully renovated 2/2 main home plus a detached studio apartment, both updated, in a non-flood zone.
Where is this duplex located?
The property is located at 2521 4TH Street S St Petersburg, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Fully renovated single‑family home plus detached studio apartment (mother‑in‑law suite) in St. Petersburg; Main house is a 2/2 renting for $2,500/month; detached studio rents for $1,100/month; Located in a non‑flood zone (per listing remarks) with Public Sewer and Public Water
