Residential Income Property with
For Sale
$649,000
4949 26TH AVENUE N, St Petersburg, FL 33710
A two-story duplex and separate three-bedroom home sit on three contiguous parcels under NS-1 zoning.
Property Size3,504 SF
Price / SF$185.22
Days on Market18
Property Features for 4949 26TH AVENUE N
General Information
Standard status
Active
Size
3,504 SF
Total Parking Spaces
5
Property subtype
Triplex
Zoning
NS-1
Units
Unit Mix
1 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Building Details
Year Built
1942
Buildings
2
Listing Agency:
ALLEN COLLINS REALTY INC
(727) 800-9929
Listed By:
Nathaniel Griffin · License #3233212
(727) 459-7891
Source:
Dibs-realty
Added: Oct 15
Changed: Oct 31
Last Checked: Oct 31 at 2:18PM
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 ALLEN COLLINS REALTY INC
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Investment Insights
Based on property information with market context.
This residential property combines a two-story, block-construction duplex with a separate single-family home. The duplex contains two one-bedroom, one-bathroom units and is described as serviceable, with potential need for updates. The three-bedroom, two-bathroom house is being offered for land value. The property spans three contiguous parcels totaling just under one-half acre and is zoned NS-1. Five detached carport spaces are on site.
The location provides access to 49th Street N, 22nd Avenue N, and I-275. A Publix is within walking distance, while Tyrone Mall and surrounding retail are a short drive away. Northwest Park is also nearby by bike.
The location provides access to 49th Street N, 22nd Avenue N, and I-275. A Publix is within walking distance, while Tyrone Mall and surrounding retail are a short drive away. Northwest Park is also nearby by bike.
Key Highlights
- Three contiguous parcels totaling just under one‑half acre
- Two‑story, block‑construction duplex with two 1‑bedroom/1‑bathroom units
- Separate 3‑bedroom/2‑bathroom single‑family home offered for land value
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,900
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$818,000
$818.0K
Cap Rate 7%
$584,286
$584.3K
Cap Rate 9%
$454,444
$454.4K
Market Conditions
NOI Build-Up for 3,504 SF
Gross rent
$62.7K $17.88/SF
− Vacancy
−$4.2K −$1.21/SF
EGI
$58.4K $16.67/SF
− OpEx
−$17.5K −$5.00/SF
NOI
$40.9K $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%
$818,000
Cap Rate 7%
$584,286
Cap Rate 9%
$454,444
Alternative Uses
Best Use
Multifamily LT 5
$584.3K
$511.3K – $681.7K
NOI $40,900 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$460.4K
$402.8K – $537.1K
NOI $32,227 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$911.4K
$797.5K – $1.06M
NOI $63,799 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
338
Businesses Nearby
Explore this area
Business Placement
Demographics for 33710, FL
33,172
Population
16,767
Households
2
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
4,147
Density / Sq Mi
$76,908
Median Household Income
$46,520
Median Earnings
$1,577
Median Rent
$312,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Residential income property - A two-story duplex and separate three-bedroom home sit on three contiguous parcels under NS-1 zoning.
Where is this residential income property located?
The property is located at 4949 26TH AVENUE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Three contiguous parcels totaling just under one‑half acre; Two‑story, block‑construction duplex with two 1‑bedroom/1‑bathroom units; Separate 3‑bedroom/2‑bathroom single‑family home offered for land value
