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Fenced Duplex
For Sale
$355,000

4130 32ND Street N, St Petersburg, FL 33714

Residential Income, ST PETERSBURG, FL

Property Size1,680 SF
Lot Size0.20 Acres
Price / SF$211.31
Days on Market152

Property Features for 4130 32ND Street N

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning MULTI
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1
Interior features Ceiling Fans(s)
Exterior features Fence
Fencing Fenced
Subdivision MARINI & SALVATORE
Lot features Paved
Directions 38th Ave N to 28th St. Go Northwest on 40th to street.
Standard status Active
APN 31-16-02-55314-002-0020
Size 1,680 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Marini & Salvatore Sub Blk 2, Lot 2 & N 1/2 Of Lot 3
Tax Annual Amount 5740
Legal Description Marini & Salvatore Sub Blk 2, Lot 2 & N 1/2 Of Lot 3

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1973
Floors in Building 1
Number of units 2
Flooring type Tile - Ceramic
Building materials Block
Listing Agency: KELLER WILLIAMS SOUTH TAMPA · Keller Williams Realty
Listed By: Jermera Pianmana · License #3331391
Added: May 18 Changed: Sep 28 Last Checked: Oct 16 at 1:06AM
MLS# TB8508946

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.

Located at 4130 32nd Street N in St. Petersburg, this block-construction duplex contains 1,680 square feet across two residential units. Each unit includes 2 bedrooms and 1 bathroom, with ceramic tile flooring and ceiling fans. Central air and electric heat serve the property, while fencing provides defined exterior boundaries.

The 0.2-acre property is connected to public water and public sewer, with cable available. Built in 1973, the duplex is situated near shopping, dining, parks, and downtown St. Petersburg attractions. MULTI zoning supports the property's multifamily classification.

Key Highlights

  • Duplex with two 2‑bedroom, 1‑bathroom units
  • 1,680 square feet on a 0.2‑acre lot
  • Block construction completed in 1973

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 (±1% cap)
NOI $19,610 @ 7.0% cap · market cap 5.52%
Second Best
Apartment 5plus
$220.7K
$193.1K – $257.5K (±1% cap)
NOI $15,451 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$437.0K
$382.4K – $509.8K (±1% cap)
NOI $30,589 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

849
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with central air, ceramic tile flooring, public utilities, and MULTI zoning.
Where is this duplex located?
The property is located at 4130 32ND Street 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 2‑bedroom, 1‑bathroom units; 1,680 square feet on a 0.2‑acre lot; Block construction completed in 1973
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