New Construction Multifamily
6177 1ST AVE N, St Petersburg, FL 33710
For Sale
$695,000
Additional ADU units and a garage complement the duplex configuration.
Property Size2,047 SF
Price / SF$339.52
Days on Market49
Property Features for 6177 1ST AVE N
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
garage
Building Details
Building Size
Year Built
Listing Agency:
CHEVON EATON
Listed By:
Chevon Eaton · License FL #3554115
(321) 210-4633
Source:
Nobskarealestate
Added: Sep 23
Changed: Nov 7
Last Checked: Nov 9 at 2:06PM
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 CHEVON EATON
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,047-square-foot multifamily property is under construction, with completion indicated for 2026. The layout includes a duplex and additional ADU units, plus a garage. Interior features include open-concept living areas, a contemporary kitchen with new appliances, modern bathrooms, and updated finishes.
Key Highlights
- 2,047‑square‑foot multifamily property
- Duplex configuration with additional ADU units
- Garage included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,215
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,300
$444.3K
Cap Rate 7%
$317,357
$317.4K
Cap Rate 9%
$246,833
$246.8K
Market Conditions
NOI Build-Up for 2,047 SF
Gross rent
$43.5K $21.24/SF
− Vacancy
−$3.1K −$1.51/SF
EGI
$40.4K $19.73/SF
− OpEx
−$18.2K −$8.88/SF
NOI
$22.2K $10.85/SF
Area
Pinellas County, FL
Vacancy
7.10%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$444,300
Cap Rate 7%
$317,357
Cap Rate 9%
$246,833
Alternative Uses
Best Use
Apartment 5plus
$317.4K
$277.7K – $370.3K
NOI $22,215 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$532.4K
$465.9K – $621.2K
NOI $37,271 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,011
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
$312,500
Median Home Value
Market
Average Price Trend$/SF for Multifamily properties in St Petersburg, FL
Properties on Market for Multifamily properties in St Petersburg
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Additional ADU units and a garage complement the duplex configuration.
Where is this multifamily property located?
The property is located at 6177 1ST AVE N St Petersburg, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 2,047‑square‑foot multifamily property; Duplex configuration with additional ADU units; Garage included
