North Kenwood Residential
2715 9th Avenue North St Petersburg, FL 33713
2715 9th Avenue North, St Petersburg, FL, 33713
$875,000
For Sale
$875,000
Modern 4-bedroom property in high-traffic St. Petersburg location.
Property Size2,972 SF
Lot Size0.25 Acres
Price / SF$294.41
Days on Market488
Property Features for 2715 9th Avenue North
General Information
- Standard status
- Active
- Size
- 2,972 SF
- Lot size
- 0.25 Acres
- Property subtype
- OFC, SPEC
Listing Agency
KW Commercial - Tampa Bay - FL
(727) 894-1600
Listed by
Harold "Hal" Holder
Source
Realnex
Added: Mar 17, 2025 Checked: Jul 6 at 12:15 pm
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 KW Commercial - Tampa Bay - FL
Investment Insights
Based on property information with market context.
Located in the high-traffic neighborhood of North Kenwood in St. Petersburg, this property offers significant potential. Constructed in 2018, the building provides 2,972 sq. ft. of space on a double lot exceeding 1/4 acre. The current layout includes 4 bedrooms and 3 bathrooms, with the possibility of adding two additional bedrooms without affecting the attached two-car garage. The property features outdoor spaces and ample parking. It is easily accessible to major roads, ensuring visibility and convenience. This property is suited for establishing a community-focused residential space, accommodating 1 to 6 residents, or exploring other ventures.
Key Highlights
- High‑traffic location in North Kenwood, St. Petersburg, offering excellent visibility.
- Spacious 2,972 sq. ft. layout on a double lot (over 1/4 acre).
- Modern construction (built in 2018).
Local Financial Insights For Apartment 5plus
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 | $53.5k | $18.00 |
| − Vacancy | −$3.8k | −$1.28 |
| EGI | $49.7k | $16.72 |
| − OpEx | −$22.4k | −$7.52 |
| NOI | $27.3k | $9.20 |
2,972 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$390.5K
$341.7K – $455.6K
NOI $27,334 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$773.0K
$676.4K – $901.9K
NOI $54,113 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Harbour Insurance, LLC
Insurance Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Granny Nannies — 2836 5th Ave N, St. Petersburg, FL 33713
- Suncoast Hospice — 3050 1st Ave S, St. Petersburg, FL 33712
- Griswold Care Pairing for St. Petersburg & Pinellas County — 2651 1st Ave S, St. Petersburg, FL 33712
- Senior Helpers — 4144 Central Ave, St. Petersburg, FL 33711
FAQs
What type of property is this?
Assisted living facility - Modern 4-bedroom property in high-traffic St. Petersburg location.
Where is this assisted living facility located?
The property is located at 2715 9th Avenue North St Petersburg, FL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: High‑traffic location in North Kenwood, St. Petersburg, offering excellent visibility.; Spacious 2,972 sq. ft. layout on a double lot (over 1/4 acre).; Modern construction (built in 2018).
