Renovated Duplex with
For Sale
$469,900
4536 1ST AVE N, St Petersburg, FL 33713
Updated duplex with a separate-entry accessory dwelling unit, fenced outdoor space, parking, and CRT-1 zoning.
Property Size1,261 SF
Days on Market162
Property Features for 4536 1ST AVE N
General Information
Standard status
Active
Size
1,261 SF
Property subtype
Office
Zoning
CRT-1
Additional Details
Road Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,225
Amenities
covered front porch
Florida room
patio
lanai
fenced backyard
designer tile
fully appointed kitchen
beautiful flooring
recessed lighting
ceiling fans
Building Details
Building Size
1,261 SF
Year Built
1931
Buildings
2
Construction
Craftsman
Listing Agency:
INVESTY REALTY, LLC.
Listed By:
Amy Stanley · License #3430835
(305) 204-6279
Source:
Judibeck
Added: May 7
Changed: Oct 11
Last Checked: Oct 15 at 5:48AM
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 INVESTY REALTY, LLC.
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Investment Insights
Based on property information with market context.
This renovated duplex property includes a 1,261-square-foot main residence and a detached accessory dwelling unit with its own entrance. The 1931 home has a new roof, designer tile, updated flooring, recessed lighting, ceiling fans, and a furnished kitchen. Outdoor features include a covered front porch, Florida room, two patios, a lanai, and a fenced backyard with alley access and rear gate entry.
The property is zoned CRT-1 Activity Center, supporting multifamily, office, and mixed-use applications. A driveway, parking lot, and multiple-car parking areas are present, while the oversized lot provides room for future expansion. The site is positioned in Oak Park between St. Pete Beach and downtown St. Petersburg, approximately 10 minutes from the Gulf and St. Pete Pier/Bay and 20 minutes from Tampa International Airport. The property is outside the flood zone and has no HOA.
The property is zoned CRT-1 Activity Center, supporting multifamily, office, and mixed-use applications. A driveway, parking lot, and multiple-car parking areas are present, while the oversized lot provides room for future expansion. The site is positioned in Oak Park between St. Pete Beach and downtown St. Petersburg, approximately 10 minutes from the Gulf and St. Pete Pier/Bay and 20 minutes from Tampa International Airport. The property is outside the flood zone and has no HOA.
Key Highlights
- 1,261 SF renovated home plus detached ADU with separate entrance
- CRT‑1 zoning allows multifamily, office, and mixed‑use applications
- New roof and completed 4 point inspection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,719
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,380
$294.4K
Cap Rate 7%
$210,271
$210.3K
Cap Rate 9%
$163,544
$163.5K
Market Conditions
NOI Build-Up for 1,261 SF
Gross rent
$22.5K $17.88/SF
− Vacancy
−$1.5K −$1.21/SF
EGI
$21.0K $16.67/SF
− OpEx
−$6.3K −$5.00/SF
NOI
$14.7K $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%
$294,380
Cap Rate 7%
$210,271
Cap Rate 9%
$163,544
Alternative Uses
Best Use
Multifamily LT 5
$210.3K
$184.0K – $245.3K
NOI $14,719 @ 7.0% cap · market cap 3.13%
Second Best
Apartment 5plus
$165.7K
$145.0K – $193.3K
NOI $11,598 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$328.0K
$287.0K – $382.7K
NOI $22,960 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,199
Businesses Nearby
Explore this area
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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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 - Updated duplex with a separate-entry accessory dwelling unit, fenced outdoor space, parking, and CRT-1 zoning.
Where is this duplex located?
The property is located at 4536 1ST AVE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: 1,261 SF renovated home plus detached ADU with separate entrance; CRT‑1 zoning allows multifamily, office, and mixed‑use applications; New roof and completed 4 point inspection
