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Mid-Century Duplex with Detached Structure
For Sale
$379,900

316 76TH Avenue, St Pete Beach, FL 33706

Residential Income, ST PETE BEACH, FL

Property Size1,156 SF
Lot Size0.12 Acres
Price / SF$328.63
Days on Market97

Property Features for 316 76TH Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning TC-1
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Parking features Off Street, Open, On Street, Garage
Patio and Porch features Porch
Interior features Primary Bedroom Main Floor, Window Treatments
Exterior features Private Entrance, Storage
Subdivision ST PETERSBURG BEACH REP
Lot features Flood Zone, City Limits, Near Public Transit, Paved
Directions if coming from the north on Blind Pass Rd, suggest you turn left at 78th Ave - to Boca Ciega Ave, turn right for 2 blocks and park across the street from the property ....
Standard status Active
APN 36-31-15-77994-068-0130
Size 1,156 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ST PETERSBURG BEACH REPLAT BLK 68, LOT 13
Tax Annual Amount 4080
Legal Description ST PETERSBURG BEACH REPLAT BLK 68, LOT 13

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 1955
Floors in Building 1
Number of units 2
Flooring type Terrazzo
Building materials Block, Stucco
Additional Structures Storage, Outbuilding
Listing Agency: SMITH & ASSOCIATES REAL ESTATE
Listed By: Don Taylor · License #301755
Added: Jul 2 Changed: Sep 28 Last Checked: Oct 6 at 10:06AM
MLS# TB8523833

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.

Investment Insights

Based on property information with market context.

Built in 1955, this block-and-stucco duplex contains two one-bedroom, one-bath units along with a detached second structure on a 5,375-square-foot lot. The 1,156-square-foot property includes original terrazzo flooring, private entrances, storage, a porch, off-street parking, garage, and street parking options. Central AC was installed in 2018, with ductless mini-splits and a new electric water heater also noted. The property is offered as-is for cosmetic and structural improvements.

Zoned TC-1, the parcel is the only remaining residential use on its block, positioned between a retail building and medical office with a gas station behind it. Corey Avenue shops, restaurants, and the Sunday Market are a three- to four-minute walk away. Horan Park and the city’s family aquatic center are across the street, while Upham Beach is approximately a half-mile away. The zoning schedule identifies neighborhood-commercial uses including office, retail, dining, artist studios, galleries, printing, and commercial kitchens; any change of use should be confirmed with the City of St. Pete Beach.

Key Highlights

  • Two 1BR/1BA units plus a detached second structure
  • 1,156 square feet on a 5,375‑square‑foot lot
  • TC‑1 zoning with listed neighborhood‑commercial uses

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,493
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$269,860 $269.9K
Cap Rate 7%
$192,757 $192.8K
Cap Rate 9%
$149,922 $149.9K
Market Conditions
NOI Build-Up for 1,156 SF
Gross rent
$20.7K $17.88/SF
− Vacancy
−$1.4K −$1.21/SF
EGI
$19.3K $16.67/SF
− OpEx
−$5.8K −$5.00/SF
NOI
$13.5K $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%
$269,860
Cap Rate 7%
$192,757
Cap Rate 9%
$149,922

Alternative Uses

Best Use
Multifamily LT 5
$192.8K
$168.7K – $224.9K (±1% cap)
NOI $13,493 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$151.9K
$132.9K – $177.2K (±1% cap)
NOI $10,632 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$300.7K
$263.1K – $350.8K (±1% cap)
NOI $21,048 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store HVAC Service Hair Salon Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,054
Businesses Nearby

Demographics for 33706, FL

15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom units offer a walkable beach-area location, terrazzo flooring, off-street parking, and updated mechanical systems.
Where is this duplex located?
The property is located at 316 76TH Avenue St Pete Beach, FL.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Two 1BR/1BA units plus a detached second structure; 1,156 square feet on a 5,375‑square‑foot lot; TC‑1 zoning with listed neighborhood‑commercial uses
More about this property
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