Updated Two-Unit
For Sale
$450,000
5000 74TH Street N, St Petersburg, FL 33709
Residential Income, ST PETERSBURG, FL
Property Size1,680 SF
Lot Size0.32 Acres
Price / SF$267.86
Days on Market52
Property Features for 5000 74TH Street N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-4
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Family Room
Parking features
Open
Pets allowed
Yes
Interior features
Kitchen/Family Room Combo
Exterior features
Fence, Lighting
Fencing
Fenced
Subdivision
ACREAGE
Directions
54th Ave N to 71st St N to 50th Ave N to 74th St N to address
Standard status
Active
APN
06-31-16-00000-220-1800
Size
1,680 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PART OF SEC 06-31-16 DESC BEG SE COR OF NW 1/4 OF NW 1/4 TH N89D40'16"W 78.61FT TH CUR RT ARC 171.88FT RAD 1198.57FT CB N21D05'30"W 171.73FT TH S89D45'10"E 142.63FT TH S00D47'45"W 160.08FT LESS E 15FT FOR RD R/W & LESS N 32.2FT
Tax Annual Amount
7595
Legal Description
PART OF SEC 06-31-16 DESC BEG SE COR OF NW 1/4 OF NW 1/4 TH N89D40'16"W 78.61FT TH CUR RT ARC 171.88FT RAD 1198.57FT CB N21D05'30"W 171.73FT TH S89D45'10"E 142.63FT TH S00D47'45"W 160.08FT LESS E 15FT FOR RD R/W & LESS N 32.2FT
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
shared laundry room
covered front porch
Building Details
Year built
1980
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
REALTY EXPERTS
(727) 888-1000
Listed By:
Nicole Brooks
(727) 481-0814
Added: Sep 4
Changed: Oct 22
Last Checked: Oct 25 at 11:06PM
MLS# TB8546783
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.
This 1980-built duplex contains 1,680 square feet on a 0.32-acre parcel. The property is arranged as two 2-bedroom, 1-bathroom residences, each with its own living area. Recent improvements include updated kitchens, bathrooms, and windows. A shared covered laundry room is positioned beneath the covered front porch, while open parking, fencing, lighting, block and stucco construction, central heating, and central air serve the property.
Located at 5000 74TH Street N in St. Petersburg, the property has access to Saint Joe's Creek for fishing. Public water and public sewer are in place, and the parcel carries R-4 zoning. The two-unit layout provides separate residential spaces within a single multifamily property.
Located at 5000 74TH Street N in St. Petersburg, the property has access to Saint Joe's Creek for fishing. Public water and public sewer are in place, and the parcel carries R-4 zoning. The two-unit layout provides separate residential spaces within a single multifamily property.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 1,680 square feet on a 0.32‑acre parcel
- Updated kitchens, bathrooms, and windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,610
Cap Rate
4.36%
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
NOI $19,610 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$220.7K
$193.1K – $257.5K
NOI $15,451 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$437.0K
$382.4K – $509.8K
NOI $30,589 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 33709, FL
27,026
Population
13,767
Households
2
Avg Household Size
50
Median Age
19%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
5,299
Density / Sq Mi
$52,621
Median Household Income
$35,488
Median Earnings
$1,317
Median Rent
$190,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature refreshed kitchens, bathrooms, and windows, with shared covered laundry space below the front porch.
Where is this duplex located?
The property is located at 5000 74TH Street N St Petersburg, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 1,680 square feet on a 0.32‑acre parcel; Updated kitchens, bathrooms, and windows
