Residential Income Property with
6185 1ST AVENUE N, St Petersburg, FL 33710
For Sale
$695,000
New construction combines a duplex layout with additional accessory dwelling units and garage space.
Property Size2,047 SF
Price / SF$339.52
Days on Market22
Property Features for 6185 1ST AVENUE N
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Hurricane Shutters
Lighting
Private Mailbox
Building Details
Building Size
Year Built
Listing Agency:
CHEVON EATON
Listed By:
Chevon Eaton · License FL #3554115
(409) 996-9999
Source:
Capitalcaldwell
Added: Oct 20
Changed: Nov 7
Last Checked: Nov 9 at 12:26PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Under construction in St. Petersburg, this 2,047-square-foot residential income property is planned as a duplex with additional accessory dwelling units. A garage provides space for parking or storage, while the interiors are designed with open-concept living areas and a contemporary kitchen equipped with new appliances. Modern finishes are specified throughout.
The property is located in St. Petersburg, with access to shopping, dining, beaches, entertainment, and major roadways. Year built is listed as 2026.
The property is located in St. Petersburg, with access to shopping, dining, beaches, entertainment, and major roadways. Year built is listed as 2026.
Key Highlights
- 2,047‑square‑foot new‑construction property, listed with a 2026 year built
- Duplex configuration with additional accessory dwelling units
- Garage offers parking or storage space
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 Residential income properties in St Petersburg, FL
Properties on Market for Residential income properties in St Petersburg
Frequently Asked Questions
What type of property is this?
Residential income property - New construction combines a duplex layout with additional accessory dwelling units and garage space.
Where is this residential income property located?
The property is located at 6185 1ST AVENUE 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 new‑construction property, listed with a 2026 year built; Duplex configuration with additional accessory dwelling units; Garage offers parking or storage space
