Updated Duplex with Bonus
For Sale
$399,000
2650 25TH AVE N, St Petersburg, FL 33713
Fully rented property includes recent unit upgrades and substantial capital improvements.
Property Size1,146 SF
Days on Market151
Property Features for 2650 25TH AVE N
General Information
Standard status
Active
Size
1,146 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Gross Income
$39,000
Taxes and HOA fees
Annual Taxes
$5,677
Building Details
Building Size
1,146 SF
Year Built
1925
Tenancy
Multi
Listing Agency:
KELLER WILLIAMS TAMPA PROP.
(813) 300-7002
Listed By:
Ashley Gajdosz · License #3227836
Source:
Judibeck
Added: Mar 6
Changed: Aug 2
Last Checked: Aug 3 at 11:00AM
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 KELLER WILLIAMS TAMPA PROP.
Investment Insights
Based on property information with market context.
This 1925 duplex is fully rented and includes a two-bedroom, one-bath upstairs unit with a new A/C unit, range, tub liner, and interior paint. A pull-down stairway provides access to finished, air-conditioned attic storage with flooring and trim. The lower unit has received storm remediation, new drywall, interior paint, a toilet, and a sump pump.
Major property updates include a new roof completed in 2025, a replacement water line from the curb stop, patched and repainted exterior surfaces, and a termite bait system. An exterior washer and dryer installed in 2024 serve the property. The fully fenced lot is located at 2650 25TH AVE N in St. Petersburg, with access to Downtown St. Petersburg, major roadways, shopping, dining, entertainment, and St. Pete Beach, approximately 20 minutes away.
Major property updates include a new roof completed in 2025, a replacement water line from the curb stop, patched and repainted exterior surfaces, and a termite bait system. An exterior washer and dryer installed in 2024 serve the property. The fully fenced lot is located at 2650 25TH AVE N in St. Petersburg, with access to Downtown St. Petersburg, major roadways, shopping, dining, entertainment, and St. Pete Beach, approximately 20 minutes away.
Key Highlights
- Fully rented duplex at 2650 25TH AVE N, St. Petersburg, FL 33713
- Upstairs unit offers 2 bedrooms, 1 bathroom, and finished air‑conditioned attic storage
- New roof completed in 2025, plus replacement water line from the curb stop
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 | $20.5k | $17.88 |
| − Vacancy | −$1.4k | −$1.21 |
| EGI | $19.1k | $16.67 |
| − OpEx | −$5.7k | −$5.00 |
| NOI | $13.4k | $11.67 |
1,146 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$191.1K
$167.2K – $223.0K
NOI $13,377 @ 7.0% cap · market cap 3.35%
Second Best
Apartment 5plus
$150.6K
$131.8K – $175.7K
NOI $10,540 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$298.1K
$260.8K – $347.8K
NOI $20,866 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,026
Businesses Nearby
Explore this area
Business Placement
Demographics for 33713, FL
31,321
Population
16,192
Households
1.9
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
6.5 sq mi
ZIP Area
4,819
Density / Sq Mi
$69,704
Median Household Income
$43,282
Median Earnings
$1,387
Median Rent
$279,000
Median Home Value
Market
Properties on Market for Duplexes in Pinellas County
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully rented property includes recent unit upgrades and substantial capital improvements.
Where is this duplex located?
The property is located at 2650 25TH AVE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Fully rented duplex at 2650 25TH AVE N, St. Petersburg, FL 33713; Upstairs unit offers 2 bedrooms, 1 bathroom, and finished air‑conditioned attic storage; New roof completed in 2025, plus replacement water line from the curb stop
