Duplex with Private
New
For Sale
$565,000
4100 45TH Avenue N, St Petersburg, FL 33714
Residential Income, ST PETERSBURG, FL
Property Size1,704 SF
Lot Size0.33 Acres
Price / SF$331.57
Days on Market1
Property Features for 4100 45TH Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-4
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2
Parking features
RV, Driveway
Patio and Porch features
Patio
Pets allowed
Yes
Interior features
Ceiling Fans(s), Open Floorplan
Exterior features
Fence
Fencing
Fenced
Appliances
Microwave, Range, Refrigerator
Subdivision
NOR-MAR SUB
Lot features
Corner Lot, City Limits, In County, Landscaped, Level, Paved
Directions
Take 38th Ave North to 41st Street north make a right. The house will be on the corner of 45th Ave North and 41st St North.
Standard status
Active
APN
03-31-16-00000-310-1300
Size
1,704 SF
Lot size
0.33 Acres
Additional Details
Individually Metered Utilities
water, electricity
Taxes and HOA fees
Tax Year
2025
Tax Description
FROM NE COR OF LOT 15 NOR- MAR SUB TH E 105.09FT FOR POB TH E 105.69FT TH S 136.13FT TH W 105.39FT TH N 131.13FT TO POB
Tax Annual Amount
6472
Legal Description
FROM NE COR OF LOT 15 NOR- MAR SUB TH E 105.09FT FOR POB TH E 105.69FT TH S 136.13FT TH W 105.39FT TH N 131.13FT TO POB
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
fenced backyard
covered patio
drive-through gate
bay window
washer/dryer hookups
Building Details
Year built
1984
Number of units
2
Flooring type
Vinyl
Building materials
Block
Roof type
Shingle
Buildings
1
Listing Agency:
RE/MAX ACTION FIRST OF FLORIDA · RE/MAX International
(727) 466-0800
Listed By:
Clay Glover, Jr
(727) 641-5754
Added: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# TB8559458
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.
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Investment Insights
Based on property information with market context.
This block duplex contains two 2-bedroom, 1-bathroom residences totaling 1,704 square feet. Each unit has a private one-car garage with washer and dryer hookups, a covered patio, and a fenced backyard. The 0.33-acre corner parcel is zoned R-4 and includes a drive-through gate. Water and electricity are separately metered for the two units.
Updates include a roof replacement in 2018, sliding glass doors installed in 2018 and 2024, a vinyl privacy fence added in 2020, and air-conditioning systems installed in 2022 and 2024. The property also has central heating and cooling, public water, and public sewer. Shopping, restaurants, and major highways are in the surrounding area.
Updates include a roof replacement in 2018, sliding glass doors installed in 2018 and 2024, a vinyl privacy fence added in 2020, and air-conditioning systems installed in 2022 and 2024. The property also has central heating and cooling, public water, and public sewer. Shopping, restaurants, and major highways are in the surrounding area.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units totaling 1,704 square feet
- 0.33‑acre corner lot zoned R‑4, with a drive‑through gate
- A private one‑car garage, covered patio, and fenced backyard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,890
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,800
$397.8K
Cap Rate 7%
$284,143
$284.1K
Cap Rate 9%
$221,000
$221.0K
Market Conditions
NOI Build-Up for 1,704 SF
Gross rent
$30.5K $17.88/SF
− Vacancy
−$2.1K −$1.21/SF
EGI
$28.4K $16.67/SF
− OpEx
−$8.5K −$5.00/SF
NOI
$19.9K $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%
$397,800
Cap Rate 7%
$284,143
Cap Rate 9%
$221,000
Alternative Uses
Best Use
Multifamily LT 5
$284.1K
$248.6K – $331.5K
NOI $19,890 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$223.9K
$195.9K – $261.2K
NOI $15,672 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$443.2K
$387.8K – $517.1K
NOI $31,026 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
Explore this area
Business Placement
Demographics for 33714, FL
19,905
Population
9,889
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
5,380
Density / Sq Mi
$47,221
Median Household Income
$36,207
Median Earnings
$1,270
Median Rent
$177,500
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 - Each residence has separate water and electric meters, along with its own fenced outdoor space.
Where is this duplex located?
The property is located at 4100 45TH Avenue N St Petersburg, FL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units totaling 1,704 square feet; 0.33‑acre corner lot zoned R‑4, with a drive‑through gate; A private one‑car garage, covered patio, and fenced backyard for each unit
