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Duplex With Updated Upstairs Unit
For Sale
$399,000

2650 25TH Avenue N, St Petersburg, FL 33713

MULTI_FAMILY - ST PETERSBURG, FL

Property Size1,146 SF
Lot Size0.11 Acres
Price / SF$348.17
Days on Market152

Property Features for 2650 25TH Avenue N

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1
Parking features Off Street
Interior features Ceiling Fans(s), Stone Counters
Exterior features Fence, Private Mailbox
Fencing Fenced
Appliances Dryer, Microwave, Range, Refrigerator, Washer
Subdivision COLFAX CITY
Elementary school New Heights Elementary-PN
Middle school Tyrone Middle-PN
High school St. Petersburg High-PN
Directions From 275 exit on 22nd Avenue North. Turn west onto 22nd Ave North. Turn north onto 25th Street North.Turn west onto 25th Ave North. Home is setback and located on the south side of 25th Ave North
Standard status Active
APN 11-31-16-17190-005-0070
Size 1,146 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description COLFAX CITY BLK 5, LOT 7
Tax Annual Amount 5677
Legal Description COLFAX CITY BLK 5, LOT 7

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

bonus storage space
exterior washer and dryer

Building Details

Year built 1925
Floors in Building 2
Number of units 2
Flooring type Tile - Ceramic, Laminate
Building materials Wood Siding
Roof type Shingle
Listing Agency: KELLER WILLIAMS TAMPA PROP. · Keller Williams Realty
Listed By: Ashley Gajdosz · License #3227836
Added: Mar 5 Changed: Aug 2 Last Checked: Aug 4 at 5:06AM
MLS# TB8483885

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 income-producing duplex on a fully fenced lot features two separate units. The upstairs unit offers a spacious two-bedroom, one-bath layout and includes updates such as a new A/C unit, a new range, a new tub liner, and fresh interior paint. A pull-down attic staircase adds additional air-conditioned bonus storage space with finished flooring and trim, providing extra flexibility for sleeping space or storage.

The downstairs unit has been professionally storm remediated and updated with new drywall, fresh interior paint, a new toilet, and a sump pump installation. Additional improvements include a brand-new shingle roof in 2025, a new water line installed from the curb stop, patched and repainted exterior areas, and a termite bait system. A newer exterior washer and dryer were installed in 2024. The property has central heating and central air, off-street parking, and utilities that include electricity, with public water and public sewer service.

Built in 1925, the duplex is wood-sided and set up for everyday tenant living with appliances including a washer, dryer, microwave, range, and refrigerator.

Key Highlights

  • 0.11‑acre, fully fenced duplex with off‑street parking
  • Upstairs unit includes new A/C, new range, new tub liner, and fresh interior paint
  • Pull‑down attic staircase leads to air‑conditioned bonus storage with finished flooring and trim

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 (±1% cap)
NOI $13,377 @ 7.0% cap · market cap 3.35%
Second Best
Apartment 5plus
$150.6K
$131.8K – $175.7K (±1% cap)
NOI $10,540 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$298.1K
$260.8K – $347.8K (±1% cap)
NOI $20,866 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Daycare Center Bakery Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,026
Businesses Nearby

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

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully fenced duplex with an updated upstairs unit featuring new HVAC and a storm-remediated downstairs unit.
Where is this duplex located?
The property is located at 2650 25TH Avenue 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: 0.11‑acre, fully fenced duplex with off‑street parking; Upstairs unit includes new A/C, new range, new tub liner, and fresh interior paint; Pull‑down attic staircase leads to air‑conditioned bonus storage with finished flooring and trim
More about this property
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