Duplex with Attached In-Law
For Sale
Under Contract
$424,900
4120 BURLINGTON Avenue N, St Petersburg, FL 33713
Residential Income, ST PETERSBURG, FL
Property Size1,503 SF
Lot Size0.13 Acres
Price / SF$282.70
Days on Market49
Property Features for 4120 BURLINGTON Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
NT-1
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Dining Room, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
Parking features
Driveway, Off Street, On Street
Window features
Double Pane Windows
Patio and Porch features
Porch
Interior features
Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
Exterior features
Fence, Private Mailbox
Fencing
Fenced
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Subdivision
INTER BAY
Lot features
City Limits, Street Brick
Elementary school
Mount Vernon Elementary-PN
Middle school
Azalea Middle-PN
High school
St. Petersburg High-PN
Directions
From US-19 Head West on 1st Ave N. Make a left onto 41st St N. Drive few blocks and make right onto Burlington Ave N. Third house in on the left.
Standard status
Active Under Contract
APN
22-31-16-43108-006-0110
Size
1,503 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
INTER BAY BLK 6, LOT 11
Tax Annual Amount
5759
Legal Description
INTER BAY BLK 6, LOT 11
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1947
Floors in Building
1
Flooring type
Laminate
Building materials
Vinyl Siding, Frame
Roof type
Shingle
Listing Agency:
REALTY ONE GROUP INNOVATION
(561) 501-0055
Listed By:
Thomas Morillo, LLC · License #3229447
(727) 560-4944
Added: Aug 28
Changed: Sep 30
Last Checked: Oct 15 at 8:06PM
MLS# TB8539625
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 1,503-square-foot duplex property in St. Petersburg includes a primary three-bedroom, two-bath residence and an attached in-law suite with its own entrance. The secondary space includes a kitchen area, living area, bedroom, and full bathroom, but requires completion and permit closeout. The main residence features an open living and dining arrangement, high ceilings, solid wood cabinetry, stone and solid-surface counters, laminate flooring, central air, and electric heat.
Situated on a 0.13-acre lot, the property includes a fenced yard, porch, driveway parking, and additional off-street and on-street parking. Public water and public sewer serve the property. Built in 1947, the home has vinyl siding, a shingle roof, and NT-1 zoning.
Situated on a 0.13-acre lot, the property includes a fenced yard, porch, driveway parking, and additional off-street and on-street parking. Public water and public sewer serve the property. Built in 1947, the home has vinyl siding, a shingle roof, and NT-1 zoning.
Key Highlights
- Attached in‑law suite with private entrance, kitchen area, living space, bedroom, and full bathroom
- Secondary suite requires completion and formal permit closeout
- 1,503 square feet on a 0.13‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,544
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,880
$350.9K
Cap Rate 7%
$250,629
$250.6K
Cap Rate 9%
$194,933
$194.9K
Market Conditions
NOI Build-Up for 1,503 SF
Gross rent
$26.9K $17.88/SF
− Vacancy
−$1.8K −$1.21/SF
EGI
$25.1K $16.67/SF
− OpEx
−$7.5K −$5.00/SF
NOI
$17.5K $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%
$350,880
Cap Rate 7%
$250,629
Cap Rate 9%
$194,933
Alternative Uses
Best Use
Multifamily LT 5
$250.6K
$219.3K – $292.4K
NOI $17,544 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$197.5K
$172.8K – $230.4K
NOI $13,823 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$390.9K
$342.1K – $456.1K
NOI $27,366 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,483
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fenced residential property with a separate-entry suite, open living areas, and off-street parking.
Where is this duplex located?
The property is located at 4120 BURLINGTON Avenue N St Petersburg, FL.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Attached in‑law suite with private entrance, kitchen area, living space, bedroom, and full bathroom; Secondary suite requires completion and formal permit closeout; 1,503 square feet on a 0.13‑acre lot
