Duplex with Private
New
For Sale
$425,000
301 80TH AVE NE, St Petersburg, FL 33702
Separate outdoor spaces, laundry connections, and front-of-property parking serve both residences.
Property Size1,515 SF
Days on Market6
Property Features for 301 80TH AVE NE
General Information
Standard status
Active
Size
1,515 SF
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
minor flooring work remaining
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$4,009
Amenities
private entrance
separate mailbox
backyard
laundry connections
Building Details
Building Size
1,515 SF
Year Built
1950
Buildings
1
Construction
block
Listing Agency:
KELLER WILLIAMS ST PETE REALTY
Listed By:
Sean Sandifer
(217) 343-7365
Source:
Judibeck
Added: Oct 1
Changed: Oct 5
Last Checked: Oct 6 at 12:06AM
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 KELLER WILLIAMS ST PETE REALTY
Investment Insights
Based on property information with market context.
Built in 1950, this block-construction duplex contains a 1-bedroom, 1-bath residence and a 3-bedroom, 2-bath residence. Each has its own entrance, mailbox, backyard, and laundry connections, with parking in front of the building. Both kitchens have renovated cabinetry, and both bathrooms have been updated. The property also has new water heaters and newer electrical panels; the 1-bedroom unit has a new A/C system.
The property is two blocks from Riviera Bay Park and near Weedon Island Preserve. Downtown St. Petersburg, Tampa, shopping, dining, and major roadways are described as a short drive away.
The property is two blocks from Riviera Bay Park and near Weedon Island Preserve. Downtown St. Petersburg, Tampa, shopping, dining, and major roadways are described as a short drive away.
Key Highlights
- Two residences: 1 bedroom/1 bathroom and 3 bedrooms/2 bathrooms
- Separate entrances, mailboxes, backyards, and laundry connections for each unit
- Renovated kitchen cabinetry and updated bathrooms in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,684
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$353,680
$353.7K
Cap Rate 7%
$252,629
$252.6K
Cap Rate 9%
$196,489
$196.5K
Market Conditions
NOI Build-Up for 1,515 SF
Gross rent
$27.1K $17.88/SF
− Vacancy
−$1.8K −$1.21/SF
EGI
$25.3K $16.67/SF
− OpEx
−$7.6K −$5.00/SF
NOI
$17.7K $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%
$353,680
Cap Rate 7%
$252,629
Cap Rate 9%
$196,489
Alternative Uses
Best Use
Multifamily LT 5
$252.6K
$221.1K – $294.7K
NOI $17,684 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$199.1K
$174.2K – $232.2K
NOI $13,934 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$394.1K
$344.8K – $459.7K
NOI $27,584 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,677
Businesses Nearby
Explore this area
Business Placement
Demographics for 33702, FL
29,996
Population
16,240
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
10.4 sq mi
ZIP Area
2,884
Density / Sq Mi
$65,503
Median Household Income
$43,860
Median Earnings
$1,369
Median Rent
$293,700
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Separate outdoor spaces, laundry connections, and front-of-property parking serve both residences.
Where is this duplex located?
The property is located at 301 80TH AVE NE St Petersburg, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two residences: 1 bedroom/1 bathroom and 3 bedrooms/2 bathrooms; Separate entrances, mailboxes, backyards, and laundry connections for each unit; Renovated kitchen cabinetry and updated bathrooms in both units
