2-Unit Duplex with Detached
New
For Sale
$399,000
4502 9TH AVENUE S, St Petersburg, FL 33711
Separate living spaces include a detached apartment and dedicated parking for each unit.
Property Size1,448 SF
Price / SF$275.55
Days on Market5
Property Features for 4502 9TH AVENUE S
General Information
Standard status
Active
Size
1,448 SF
Property subtype
Duplex
Amenities
0.11 acres, Dimensions: 45x112, City Limits
Shingle
Public Sewer
Additional parcels description:, Parcel Number: 27-31-16-94266-000-0330, Annual Amount: $5,458, Legal Description: VINSETTA PARK ANNEX LOT 33, Lot: 33, Year: 2025, Zoning: 0810
Ceramic Tile, Tile
Gross Income: $40,800
Central Air
Electric
Electric Dryer Hookup, Washer Hookup
Listing ID: MFRTB8554668, Standard Status: Active, MLS Status: Active, Property Subtype: Duplex, On market as of 2026-10-06, 1 day on market, Special Conditions: None
Driveway
Elementary School: Bear Creek Elementary-PN, Middle School: Azalea Middle-PN, High School: Boca Ciega High-PN
4 total bedrooms
Built in 1925, Living area: 1448, Living area units: Square Feet, Levels: Multi/Split, Construction Materials: Frame
Subdivision: VINSETTA PARK ANNEX, MLS Area (Major): 33711 - St Pete/Gulfport, County/Parish: Pinellas
Completed
2 total bathrooms
Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
Crawlspace
Close Of Escrow
Allowed: Yes
Electricity, Sewer, Trash Collection, Water
Road Responsibility: Public Maintained Road, Road Surface: Paved
Patio/Porch Features: Front Porch, Sidewalk
Thermostat
Electric Water Heater, Range, Refrigerator
Building Details
Year Built
1925
Listing Agency:
KELLER WILLIAMS ST PETE REALTY
(727) 894-1600
Listed By:
Matt Kreger · License #3245234
(727) 452-5198
Source:
Miharaandassociates
Added: Oct 6
Changed: Oct 9
Last Checked: Oct 7 at 11:08AM
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 ST PETE REALTY
Investment Insights
Based on property information with market context.
This 1,448-square-foot duplex property in St. Petersburg comprises a 1925 main house and a separate one-bedroom apartment. The main residence has three bedrooms and one bathroom. Recent work to the house includes a roof, air conditioning, water heater, and several windows; the detached unit has new windows and central heating and air conditioning. Each residence has its own dedicated parking space.
The detached apartment is occupied under a month-to-month arrangement. The main house is expected to be available for a new tenant on November 1, allowing a new lease to be established. Together, the two dwellings offer distinct residential spaces on one property.
The detached apartment is occupied under a month-to-month arrangement. The main house is expected to be available for a new tenant on November 1, allowing a new lease to be established. Together, the two dwellings offer distinct residential spaces on one property.
Key Highlights
- Two separate units: a 3‑bedroom, 1‑bath house and a detached 1‑bedroom apartment
- 1,448 square feet of property size
- Main house was built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,902
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,040
$338.0K
Cap Rate 7%
$241,457
$241.5K
Cap Rate 9%
$187,800
$187.8K
Market Conditions
NOI Build-Up for 1,448 SF
Gross rent
$25.9K $17.88/SF
− Vacancy
−$1.7K −$1.21/SF
EGI
$24.1K $16.67/SF
− OpEx
−$7.2K −$5.00/SF
NOI
$16.9K $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%
$338,040
Cap Rate 7%
$241,457
Cap Rate 9%
$187,800
Alternative Uses
Best Use
Multifamily LT 5
$241.5K
$211.3K – $281.7K
NOI $16,902 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$190.2K
$166.5K – $222.0K
NOI $13,317 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$376.6K
$329.6K – $439.4K
NOI $26,365 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
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Business Placement
Demographics for 33711, FL
20,121
Population
9,522
Households
2.1
Avg Household Size
41
Median Age
32%
College-Educated
96%
High-School Grad
4.7 sq mi
ZIP Area
4,281
Density / Sq Mi
$68,295
Median Household Income
$27,156
Median Earnings
$1,819
Median Rent
$253,100
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
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Frequently Asked Questions
What type of property is this?
Duplex - Separate living spaces include a detached apartment and dedicated parking for each unit.
Where is this duplex located?
The property is located at 4502 9TH AVENUE S St Petersburg, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two separate units: a 3‑bedroom, 1‑bath house and a detached 1‑bedroom apartment; 1,448 square feet of property size; Main house was built in 1925
