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Rented Quadplex with Courtyard
For Sale
Contact for pricing
Pending

2824 24th Ave North, St Petersburg, FL 33713

Two-building quadplex on a double lot with ample parking, an open courtyard, and all units currently rented.

Property SizeContact for details
Days on Market153

Property Features for 2824 24th Ave North

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: AXXOS
Listed By: Jon Reno La Budde · License #FL 3088599
Source: Crexi
Added: Apr 11 Changed: Sep 8 Last Checked: Sep 10 at 6:33AM

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 AXXOS

Investment Insights

Based on property information with market context.

This for-sale, two-building quadplex is fully rented and positioned on a double lot. The property includes four total residential units, with each building featuring independent entrances and assigned parking, plus its own mailbox. An open courtyard at the rear provides an outdoor space for residents.

The front building has been completely redone and includes one two-bedroom, one-bath unit and one studio apartment. It also features a new roof for the building, with updated finishes including in-unit laundry and stainless steel appliances in the studio, along with in-unit laundry and other interior upgrades in the two-bedroom unit. AC in the front unit is noted as from 2017.

The second building also has a new roof and includes one two-bedroom, one-bath unit and one studio unit. The back building operates under separate utilities as described, with landlord payment of water, sewer, and trash on the front building and water and other utilities on the back building as noted. The property also includes a garage for additional revenue with coin laundry in place and additional storage. There is no work needed as the units are rented with leases in place. Showings are by appointment only; the property is occupied and tenants should not be disturbed.

Key Highlights

  • Two‑building quadplex on a double lot in St. Petersburg with all units currently rented and leases in place
  • Front building: newly redone units (1 two bed/1 bath and 1 studio) plus new roof; 2017 AC
  • Front 2BR/1BA redone unit features hardwood floors, stainless steel appliances, dishwasher, in‑unit laundry, recessed lighting, and in‑unit fans

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Spa & Massage Center Daycare Center

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

Location Intelligence

Trade Area within ½ mile

1,005
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Quadplex - Two-building quadplex on a double lot with ample parking, an open courtyard, and all units currently rented.
Where is this quadplex located?
The property is located at 2824 24th Ave North St Petersburg, FL.
What are key features of this property?
This property features: Two‑building quadplex on a double lot in St. Petersburg with all units currently rented and leases in place; Front building: newly redone units (1 two bed/1 bath and 1 studio) plus new roof; 2017 AC; Front 2BR/1BA redone unit features hardwood floors, stainless steel appliances, dishwasher, in‑unit laundry, recessed lighting, and in‑unit fans
More about this property
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