Duplex with Detached
New
For Sale
$399,000
4502 9TH Avenue S, St Petersburg, FL 33711
Residential Income, ST PETERSBURG, FL
Property Size1,448 SF
Lot Size0.11 Acres
Price / SF$275.55
Days on Market4
Property Features for 4502 9TH Avenue S
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
0810
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
Parking features
Driveway
Patio and Porch features
Porch
Pets allowed
Yes
Interior features
Thermostat
Exterior features
Sidewalk
Appliances
Electric Water Heater, Range, Refrigerator
Subdivision
VINSETTA PARK ANNEX
Lot features
City Limits
Elementary school
Bear Creek Elementary-PN
Middle school
Azalea Middle-PN
High school
Boca Ciega High-PN
Directions
49th St S to East on 9th ave s to address on right
Standard status
Active
APN
27-31-16-94266-000-0330
Size
1,448 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
VINSETTA PARK ANNEX LOT 33
Tax Annual Amount
5458
Legal Description
VINSETTA PARK ANNEX LOT 33
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1925
Floors in Building
2
Flooring type
Tile, Tile - Ceramic
Building materials
Frame
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS ST PETE REALTY · Keller Williams Realty
(727) 894-1600
Listed By:
Matt Kreger
(727) 452-5198
Added: Oct 3
Changed: Oct 6
Last Checked: Oct 6 at 5:06PM
MLS# TB8554668
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.
Investment Insights
Based on property information with market context.
This duplex property pairs a 1925 bungalow with a detached one-bedroom apartment. The main home has three bedrooms and one bathroom; the apartment has one bedroom. The detached unit is rented month-to-month, and the main house is available for a new tenant on November 1. Each residence has dedicated parking. The property totals 1,448 square feet on a 0.11-acre lot.
Updates to the main house within the past two years include a roof, air conditioning, water heater, and several windows. The apartment has new windows and central heat and air. Other features include a porch, driveway parking, public water and sewer, and a shingle roof.
Updates to the main house within the past two years include a roof, air conditioning, water heater, and several windows. The apartment has new windows and central heat and air. Other features include a porch, driveway parking, public water and sewer, and a shingle roof.
Key Highlights
- Two residences: a 3‑bedroom, 1‑bath bungalow and a detached 1‑bedroom apartment
- 1,448 square feet on a 0.11‑acre lot
- Detached apartment is rented month‑to‑month; main house available November 1
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
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
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 - The detached apartment is occupied month-to-month, while the main home provides a separate leasing opportunity.
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 residences: a 3‑bedroom, 1‑bath bungalow and a detached 1‑bedroom apartment; 1,448 square feet on a 0.11‑acre lot; Detached apartment is rented month‑to‑month; main house available November 1
