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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 (±1% cap)
NOI $45,021 @ 7.0% cap · market cap 2.82%
Second Best
Apartment 5plus
$506.8K
$443.4K – $591.2K (±1% cap)
NOI $35,473 @ 7.0% cap · market cap 2.22%
Theoretical Best
Office A
$1.00M
$877.8K – $1.17M (±1% cap)
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

Suggested Use

Electrical Service Parking Lot & Garage Daycare Center Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Auto Parts Store (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

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.
Contact an agent
More about this property
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