Renovated
For Sale
$568,999
2832 MIRIAM ST S, St Petersburg, FL 33711
Two updated residences feature modern kitchens, durable flooring, and renovated building systems.
Property Size2,100 SF
Price / SF$270.95
Days on Market119
Property Features for 2832 MIRIAM ST S
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,635
Building Details
Building Size
2,100 SF
Year Built
1960
Buildings
1
Listing Agency:
BLUE LIGHTHOUSE REALTY INC
Listed By:
Jorge Zea · License #277008888
(786) 268-9772
Source:
Shore2bay
Added: Jul 8
Changed: Oct 31
Last Checked: Oct 31 at 2:33PM
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 BLUE LIGHTHOUSE REALTY INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two 2-bedroom, 1-bathroom residences totaling 2,100 square feet. Renovations include permitted plumbing, electrical, and HVAC work. Each unit has an updated kitchen with contemporary cabinetry, stone countertops, stainless steel appliances, and updated fixtures. Waterproof LVP flooring runs throughout both residences. The property was built in 1960.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 2,100‑square‑foot duplex built in 1960
- Permitted plumbing, electrical, and HVAC improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,512
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,240
$490.2K
Cap Rate 7%
$350,171
$350.2K
Cap Rate 9%
$272,356
$272.4K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$37.5K $17.88/SF
− Vacancy
−$2.5K −$1.21/SF
EGI
$35.0K $16.67/SF
− OpEx
−$10.5K −$5.00/SF
NOI
$24.5K $11.67/SF
Area
Pinellas County, FL
Vacancy
6.74%
Lease Rate
$17.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,240
Cap Rate 7%
$350,171
Cap Rate 9%
$272,356
Alternative Uses
Best Use
Multifamily LT 5
$350.2K
$306.4K – $408.5K
NOI $24,512 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$275.9K
$241.4K – $321.9K
NOI $19,314 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$546.2K
$478.0K – $637.3K
NOI $38,236 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
Explore this area
Business Placement
Demographics for 33711, FL
20,121
Population
9,522
Households
2.1
Avg Household Size
41
Median Age
32%
College-Educated
96%
High-School Grad
4.7 sq mi
ZIP Area
4,281
Density / Sq Mi
$68,295
Median Household Income
$27,156
Median Earnings
$1,819
Median Rent
$253,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences feature modern kitchens, durable flooring, and renovated building systems.
Where is this duplex located?
The property is located at 2832 MIRIAM ST S St Petersburg, FL.
What is the asking price?
The asking price for this property is $568,999.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 2,100‑square‑foot duplex built in 1960; Permitted plumbing, electrical, and HVAC improvements
