Updated Kenwood Duplex with
400 20TH STREET N St Petersburg, FL 33713
New
For Sale
$749,900
Two updated 2BR/1BA units in a two-story duplex, with a new roof, two A/C systems, and rear alley garage access.
Property Size2,688 SF
Price / SF$278.98
Days on Market6
Property Features for 400 20TH STREET N
General Information
- Standard status
- Active
- Size
- 2,688 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1939
Listing Agency:
CHARLES RUTENBERG REALTY INC
(727) 538-9200
Listed By:
Bill Smith · License #3282791
Source:
Dennisrealty
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 26 at 1:50PM
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 CHARLES RUTENBERG REALTY INC
Investment Insights
Based on property information with market context.
This fully updated two-story duplex includes two separate 2-bedroom, 1-bath units—one upstairs and one downstairs. Both units feature original hardwood floors, arched doorways, high ceilings, and oversized windows, with open living and dining room layouts. Kitchens include abundant cabinetry and functional storage elements, while the bedrooms offer original hardwood flooring and generous closet space. Bathrooms have been tastefully renovated with modern finishes, including vessel sinks and oversized walk-in showers. Major improvements include a new roof in 2025, one A/C system replaced in 2025, and the second A/C system replaced in 2018.
A privacy-fenced backyard provides outdoor space for everyday use, and a rear alley offers access to a detached two-car garage for convenient off-street parking and additional storage. The property is located in Historic Kenwood and is described as just minutes from downtown St. Petersburg and major area amenities, with easy access to I-275.
Each residence is configured for self-contained living with dedicated interior space, original historic character details, and updated kitchens and bathrooms, supported by the recently completed exterior and mechanical upgrades.
A privacy-fenced backyard provides outdoor space for everyday use, and a rear alley offers access to a detached two-car garage for convenient off-street parking and additional storage. The property is located in Historic Kenwood and is described as just minutes from downtown St. Petersburg and major area amenities, with easy access to I-275.
Each residence is configured for self-contained living with dedicated interior space, original historic character details, and updated kitchens and bathrooms, supported by the recently completed exterior and mechanical upgrades.
Key Highlights
- 1939 two‑story duplex with two 2BR/1BA units—one upstairs and one downstairs.
- Fully updated interior features original hardwood floors, arched doorways, high ceilings, built‑in shelving, and oversized windows.
- Updated kitchens in both units with abundant cabinetry, pull‑out shelving, lazy Susan corner storage, spice organizers, and tray storage.
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 | $48.1k | $17.88 |
| − Vacancy | −$3.2k | −$1.21 |
| EGI | $44.8k | $16.67 |
| − OpEx | −$13.4k | −$5.00 |
| NOI | $31.4k | $11.67 |
2,688 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$448.2K
$392.2K – $522.9K
NOI $31,375 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$353.2K
$309.0K – $412.0K
NOI $24,722 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$699.2K
$611.8K – $815.7K
NOI $48,942 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two updated 2BR/1BA units in a two-story duplex, with a new roof, two A/C systems, and rear alley garage access.
Where is this duplex located?
The property is located at 400 20TH STREET N St Petersburg, FL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 1939 two‑story duplex with two 2BR/1BA units—one upstairs and one downstairs.; Fully updated interior features original hardwood floors, arched doorways, high ceilings, built‑in shelving, and oversized windows.; Updated kitchens in both units with abundant cabinetry, pull‑out shelving, lazy Susan corner storage, spice organizers, and tray storage.
