Updated Three-Unit
New
For Sale
$900,000
5020 10TH Avenue N, St Petersburg, FL 33710
Residential, ST PETERSBURG, FL
Property Size2,236 SF
Lot Size0.13 Acres
Price / SF$402.50
Days on Market2
Property Features for 5020 10TH Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 7, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 1
Interior features
Ceiling Fans(s)
Appliances
Convection Oven, Dishwasher, Dryer, Refrigerator, Washer
Subdivision
CASA MIA
Directions
From I-275 S Take exit 24 for 22nd Ave N Right on 22nd Left on 49th St Right on 10th. Rear driveway for parking or street parking
Standard status
Active
APN
16-31-16-14058-002-0110
Size
2,236 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CASA MIA BLK 2, LOT 11
Tax Annual Amount
8765
Legal Description
CASA MIA BLK 2, LOT 11
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1962
Floors in Building
1
Flooring type
Tile, Vinyl
Building materials
Stucco
Roof type
Shingle
Buildings
1
Listing Agency:
KELLER WILLIAMS TAMPA CENTRAL · Keller Williams Realty
(813) 865-0700
Listed By:
Maggie Karapiperis
(352) 406-9183
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 11:06PM
MLS# TB8554586
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 St. Petersburg triplex contains three residences totaling 2,236 square feet, with 7 bedrooms and 6 bathrooms. The main residence has 3 bedrooms and 2 bathrooms; each of the other units has 2 bedrooms and 2 bathrooms, arranged in split-bedroom layouts. Those two units were completed in 2022. Interior features include updated kitchens with quartz countertops and stainless steel appliances, along with refreshed bathrooms. Tile and vinyl flooring, central heating and air conditioning, and a rear driveway are also part of the property.
At 5020 10th Avenue N, the property sits on a 0.13-acre lot. I-275 provides access toward Downtown St. Petersburg, dining, shopping, entertainment, and area beaches. Parking includes a four-car driveway behind the building and street parking at the front. Public water and sewer serve the property.
At 5020 10th Avenue N, the property sits on a 0.13-acre lot. I-275 provides access toward Downtown St. Petersburg, dining, shopping, entertainment, and area beaches. Parking includes a four-car driveway behind the building and street parking at the front. Public water and sewer serve the property.
Key Highlights
- Three residences with a combined 7 bedrooms and 6 bathrooms
- 2,236 square feet on a 0.13‑acre lot
- Two units completed in 2022, each with 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,100
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,000
$522.0K
Cap Rate 7%
$372,857
$372.9K
Cap Rate 9%
$290,000
$290.0K
Market Conditions
NOI Build-Up for 2,236 SF
Gross rent
$40.0K $17.88/SF
− Vacancy
−$2.7K −$1.21/SF
EGI
$37.3K $16.67/SF
− OpEx
−$11.2K −$5.00/SF
NOI
$26.1K $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%
$522,000
Cap Rate 7%
$372,857
Cap Rate 9%
$290,000
Alternative Uses
Best Use
Multifamily LT 5
$372.9K
$326.3K – $435.0K
NOI $26,100 @ 7.0% cap · market cap 2.90%
Second Best
Apartment 5plus
$293.8K
$257.1K – $342.8K
NOI $20,565 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$581.6K
$508.9K – $678.5K
NOI $40,712 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Separate residences feature refreshed kitchens, quartz counters, stainless steel appliances, and updated bathrooms.
Where is this triplex located?
The property is located at 5020 10TH Avenue N St Petersburg, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Three residences with a combined 7 bedrooms and 6 bathrooms; 2,236 square feet on a 0.13‑acre lot; Two units completed in 2022, each with 2 bedrooms and 2 bathrooms
