Two-Unit
New
For Sale
$400,000
2834 FREEMONT Terrace S, St Petersburg, FL 33712
Residential Income, ST PETERSBURG, FL
Property Size1,304 SF
Lot Size0.08 Acres
Price / SF$306.75
Days on Market1
Property Features for 2834 FREEMONT Terrace S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 8, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 7, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 3
Parking features
Driveway
Pets allowed
Yes
Interior features
Ceiling Fans(s)
Exterior features
Fence
Fencing
Fenced
Appliances
Range, Refrigerator
Subdivision
EAST ROSELAWN
Directions
I-275 to Exit 21 (28th St S). Turn right onto 28th St S, then left onto Freemont Terrace S. Property is on the left.
Standard status
Active
APN
23-31-16-24138-012-0050
Size
1,304 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
EAST ROSELAWN BLK 12, LOT 5
Tax Annual Amount
5478
Legal Description
EAST ROSELAWN BLK 12, LOT 5
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1959
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Block
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS REALTY- PALM HARBOR
(727) 772-0772
Listed By:
Jackie Little
(813) 453-8960
Added: Oct 23
Last Checked: Oct 23 at 7:06PM
MLS# TB8560059
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.
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 block duplex contains two separate residences, each arranged with two bedrooms and one bathroom. Each unit offers approximately 650 square feet of living area, and the property totals 1,304 square feet on a 0.08-acre lot. One residence at 2834 Freemont Terrace S has newly installed vinyl flooring.
Central heat and air serve the units. Additional features include ceiling fans, a fenced yard, driveway parking, and range and refrigerator appliances. The property was built in 1959 and is connected to public water and public sewer.
Central heat and air serve the units. Additional features include ceiling fans, a fenced yard, driveway parking, and range and refrigerator appliances. The property was built in 1959 and is connected to public water and public sewer.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Approximately 650 square feet per unit; 1,304 square feet total
- 0.08‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,221
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,420
$304.4K
Cap Rate 7%
$217,443
$217.4K
Cap Rate 9%
$169,122
$169.1K
Market Conditions
NOI Build-Up for 1,304 SF
Gross rent
$23.3K $17.88/SF
− Vacancy
−$1.6K −$1.21/SF
EGI
$21.7K $16.67/SF
− OpEx
−$6.5K −$5.00/SF
NOI
$15.2K $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%
$304,420
Cap Rate 7%
$217,443
Cap Rate 9%
$169,122
Alternative Uses
Best Use
Multifamily LT 5
$217.4K
$190.3K – $253.7K
NOI $15,221 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$171.3K
$149.9K – $199.9K
NOI $11,993 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$339.2K
$296.8K – $395.7K
NOI $23,743 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,989
Businesses Nearby
Explore this area
Business Placement
Demographics for 33712, FL
26,395
Population
13,055
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
4,124
Density / Sq Mi
$57,729
Median Household Income
$39,589
Median Earnings
$1,440
Median Rent
$300,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with central heating and air conditioning.
Where is this duplex located?
The property is located at 2834 FREEMONT Terrace S St Petersburg, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Approximately 650 square feet per unit; 1,304 square feet total; 0.08‑acre lot
