Two-Unit Duplex
For Sale
$355,000
4130 32nd St N, St Petersburg, FL 33714
Income-producing residential property with matching two-bedroom layouts and access to shopping, dining, parks, and downtown attractions.
Property Size1,680 SF
Price / SF$211.31
Days on Market98
Property Features for 4130 32nd St N
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1973
Listing Agency:
KELLER WILLIAMS SOUTH TAMPA
Listed By:
Jermera Pianmana · License #3331391
(203) 274-2777
Source:
Fulcrum-residential
Added: Jul 11
Changed: Sep 15
Last Checked: Oct 4 at 11:37AM
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 KELLER WILLIAMS SOUTH TAMPA
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Investment Insights
Based on property information with market context.
This 1,680-square-foot duplex, constructed in 1973, contains two residential units with a consistent layout across the property. Each unit includes two bedrooms and one bathroom, providing a straightforward configuration for rental or owner-occupant use.
The property is located on 32nd Street N in St. Petersburg, near shopping, dining, parks, and downtown attractions. Its two-unit design combines separate residential spaces with an established building footprint suitable for continued income-producing use.
The property is located on 32nd Street N in St. Petersburg, near shopping, dining, parks, and downtown attractions. Its two-unit design combines separate residential spaces with an established building footprint suitable for continued income-producing use.
Key Highlights
- Duplex with two residential units
- Each unit includes 2 bedrooms and 1 bathroom
- 1,680 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,610
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,200
$392.2K
Cap Rate 7%
$280,143
$280.1K
Cap Rate 9%
$217,889
$217.9K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$30.0K $17.88/SF
− Vacancy
−$2.0K −$1.21/SF
EGI
$28.0K $16.67/SF
− OpEx
−$8.4K −$5.00/SF
NOI
$19.6K $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%
$392,200
Cap Rate 7%
$280,143
Cap Rate 9%
$217,889
Alternative Uses
Best Use
Multifamily LT 5
$280.1K
$245.1K – $326.8K
NOI $19,610 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$220.7K
$193.1K – $257.5K
NOI $15,451 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$437.0K
$382.4K – $509.8K
NOI $30,589 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
849
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 - Income-producing residential property with matching two-bedroom layouts and access to shopping, dining, parks, and downtown attractions.
Where is this duplex located?
The property is located at 4130 32nd St N St Petersburg, FL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Duplex with two residential units; Each unit includes 2 bedrooms and 1 bathroom; 1,680 square feet of property size
