Two-Unit Duplex with Fenced
For Sale
$375,000
Pending
6047 & 6049 32ND N STREET, St Petersburg, FL 33714
Two residential units provide matching two-bedroom, two-bath layouts with in-unit laundry hookups and front parking.
Property Size1,682 SF
Days on Market499
Property Features for 6047 & 6049 32ND N STREET
General Information
Standard status
Pending
Size
1,682 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,469
Amenities
in-unit laundry hookups
fully fenced backyard
Building Details
Year Built
1987
Listing Agency:
COLDWELL BANKER REALTY
(727) 822-9111
Listed By:
Brad Bess · License #3232141
(727) 324-3077
Source:
Exitrealty
Added: Jun 5, 2025
Changed: Oct 1
Last Checked: Oct 16 at 5:59AM
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 COLDWELL BANKER REALTY
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Investment Insights
Based on property information with market context.
This 1,682-square-foot duplex, built in 1987, contains two residential units with matching layouts. Each unit includes two bedrooms, two full bathrooms, and hookups for in-unit laundry. The property also offers a fully fenced backyard and front parking for residents or visitors.
Located at 6047 & 6049 32ND N STREET in St. Petersburg, the duplex is outside a flood zone and near shopping, dining, medical facilities, parks, schools, and public transportation. A nearby bus line adds another transportation option. The two-unit configuration and repeated floor plans provide a straightforward residential income property format.
Located at 6047 & 6049 32ND N STREET in St. Petersburg, the duplex is outside a flood zone and near shopping, dining, medical facilities, parks, schools, and public transportation. A nearby bus line adds another transportation option. The two-unit configuration and repeated floor plans provide a straightforward residential income property format.
Key Highlights
- Two residential units, each with 2 bedrooms and 2 full bathrooms
- 1,682 square feet; built in 1987
- In‑unit laundry hookups in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,633
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,660
$392.7K
Cap Rate 7%
$280,471
$280.5K
Cap Rate 9%
$218,144
$218.1K
Market Conditions
NOI Build-Up for 1,682 SF
Gross rent
$30.1K $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%
$392,660
Cap Rate 7%
$280,471
Cap Rate 9%
$218,144
Alternative Uses
Best Use
Multifamily LT 5
$280.5K
$245.4K – $327.2K
NOI $19,633 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$221.0K
$193.4K – $257.8K
NOI $15,470 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$437.5K
$382.8K – $510.4K
NOI $30,625 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
Explore this area
Business Placement
Demographics for 33714, FL
19,905
Population
9,889
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
5,380
Density / Sq Mi
$47,221
Median Household Income
$36,207
Median Earnings
$1,270
Median Rent
$177,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide matching two-bedroom, two-bath layouts with in-unit laundry hookups and front parking.
Where is this duplex located?
The property is located at 6047 & 6049 32ND N STREET St Petersburg, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two residential units, each with 2 bedrooms and 2 full bathrooms; 1,682 square feet; built in 1987; In‑unit laundry hookups in both units
