Two-Unit
New
For Sale
$499,000
3441 16TH AVENUE N, St Petersburg, FL 33713
Both apartments have established tenants and leases in place.
Property Size1,875 SF
Price / SF$266.13
Days on Market4
Property Features for 3441 16TH AVENUE N
General Information
Standard status
Active
Size
1,875 SF
Property subtype
Duplex
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Amenities
0.19 acres, Dimensions: 50x168
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 15-31-16-28224-012-0200, Public Survey Range: 16, Public Survey Section: 15, Annual Amount: $7,337.84, Tax Block: 12, Tax Book Number: 13-53, Legal Description: FLORAL VILLA PARK 2ND SEC BLK 12, LOT 20, Lot: 20, Year: 2025
Ceramic Tile, Laminate, Vinyl
Central Air
Central, Electric
Inside, Laundry Room
Listing ID: MFRTB8560906, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-23, 1 day on market, Special Conditions: None
Assigned
Blinds
Built in 1984, Living area: 1875, Living area units: Square Feet, Levels: One, Construction Materials: Block, Stucco
Subdivision: FLORAL VILLA PARK 2ND SEC, MLS Area (Major): 33713 - St Pete, County/Parish: Pinellas
Electricity Connected, Public, Water Source: Public
Slab
Close Of Escrow
Allowed: Yes
Road Surface: Asphalt
Private Mailbox, Private Yard
Living Room/Dining Room Combo, Primary Bedroom Main Floor
Dishwasher, Range, Refrigerator, Other equipment: Private Yard
Building Details
Year Built
1984
Buildings
1
Tenancy
Multi
Listing Agency:
RENTICR REALTY
(727) 251-9013
Listed By:
Petra Byers · License #3109004
(727) 244-8673
Source:
Miharaandassociates
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 24 at 2:36PM
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 RENTICR REALTY
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Investment Insights
Based on property information with market context.
Built in 1984, this 1,875-square-foot duplex contains two separate apartments. Each offers two bedrooms and one bathroom, and both are occupied by long-term tenants with leases in place. The property is not in a flood zone.
A neighboring duplex at 3451 16th Ave N is also owned by the same owner and may be acquired alongside this property, or separately. Together, the two properties contain four occupied units.
A neighboring duplex at 3451 16th Ave N is also owned by the same owner and may be acquired alongside this property, or separately. Together, the two properties contain four occupied units.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- 1,875 square feet; built in 1984
- Both units occupied by long‑term tenants with established leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,886
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,720
$437.7K
Cap Rate 7%
$312,657
$312.7K
Cap Rate 9%
$243,178
$243.2K
Market Conditions
NOI Build-Up for 1,875 SF
Gross rent
$33.5K $17.88/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$31.3K $16.67/SF
− OpEx
−$9.4K −$5.00/SF
NOI
$21.9K $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%
$437,720
Cap Rate 7%
$312,657
Cap Rate 9%
$243,178
Alternative Uses
Best Use
Multifamily LT 5
$312.7K
$273.6K – $364.8K
NOI $21,886 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$246.4K
$215.6K – $287.4K
NOI $17,245 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$487.7K
$426.7K – $569.0K
NOI $34,139 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 33713, FL
31,321
Population
16,192
Households
1.9
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
6.5 sq mi
ZIP Area
4,819
Density / Sq Mi
$69,704
Median Household Income
$43,282
Median Earnings
$1,387
Median Rent
$279,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments have established tenants and leases in place.
Where is this duplex located?
The property is located at 3441 16TH AVENUE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; 1,875 square feet; built in 1984; Both units occupied by long‑term tenants with established leases
