3030 5Th St N St Petersburg, FL 33704
3030 5Th St N, St Petersburg, FL, 33704
$1,595,000
For Sale
$1,595,000
Four-unit property in Allendale neighborhood with income potential.
Property Size3,857 SF
Lot Size0.28 Acres
Price / SF$413.53
Days on Market71
Property Features for 3030 5Th St N
General Information
- Standard status
- Active
- Property type
- Quadplexes, Multifamily properties, Residential income properties, Short term rental properties
- Size
- 3,857 SF
- Lot size
- 0.28 Acres
Building Details
- Year Built
- 1950
Listing Office
Added: May 8 Checked: May 31 at 7:05 pm
Local Financial Insights For Multifamily LT 5
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 | $69.0k | $17.88 |
| − Vacancy | −$4.6k | −$1.21 |
| EGI | $64.3k | $16.67 |
| − OpEx | −$19.3k | −$5.00 |
| NOI | $45.0k | $11.67 |
3,857 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$643.2K
$562.8K – $750.4K
NOI $45,021 @ 7.0% cap · market cap 2.82%
Second Best
Apartment 5plus
$506.8K
$443.4K – $591.2K
NOI $35,473 @ 7.0% cap · market cap 2.22%
Theoretical Best
Office A
$1.00M
$877.8K – $1.17M
NOI $70,227 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit property in Allendale neighborhood with income potential.
Where is this quadplex located?
The property is located at 3030 5Th St N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,595,000.