Turnkey Renovated Duplex with Detached
For Sale
$799,000
6855 GULF WINDS Drive, St Pete Beach, FL 33706
MULTI_FAMILY - ST PETE BEACH, FL
Property Size2,012 SF
Lot Size0.17 Acres
Price / SF$397.12
Days on Market88
Property Features for 6855 GULF WINDS Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1
Parking features
Covered
Interior features
Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat
Exterior features
Courtyard, Gray Water System, Lighting, Sidewalk
Appliances
Cooktop, Refrigerator
Subdivision
THREE PALMS POINT
Directions
From Downtown St. Petersburg, head west on Central Ave toward the beaches, continue onto Pasadena Ave S, then follow signs toward St. Pete Beach. Cross over the Corey Causeway onto Gulf Blvd, turn right onto 67th Ave, then left onto Gulf Winds Dr. Property will be on your right at 6855 Gulf Winds Dr.
Standard status
Active
APN
36-31-15-90666-000-0390
Size
2,012 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
THREE PALMS POINT UNIT 1 LOT 39
Tax Annual Amount
16351
Legal Description
THREE PALMS POINT UNIT 1 LOT 39
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Zoned, Heat Pump (Heating)
Cooling system
Zoned
Water source
Public
Building Details
Year built
1958
Floors in Building
1
Flooring type
Vinyl
Building materials
Block
Roof type
Shingle
Listing Agency:
KELLER WILLIAMS ST PETE REALTY · Keller Williams Realty
(727) 894-1600
Listed By:
Giuliana Cianfarani · License #3614549
(518) 817-2505
Added: May 9
Changed: Aug 2
Last Checked: Aug 4 at 3:06AM
MLS# TB8506839
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.
Investment Insights
Based on property information with market context.
Turnkey duplex offering a renovated 3-bedroom, 2-bath residence alongside a separate 2-bedroom, 1-bath unit, plus a detached air-conditioned studio for added flexibility. The property was extensively rebuilt and expanded with permits, including smooth drywall finishes and recessed lighting, upgraded stucco, soffit and fascia, and oversized PVC wastewater plumbing and PEX water piping. Separate water and electric meters support independent operations.
Designed for durability and low maintenance, the improvements include updated irrigation, completely upgraded electrical systems, and high-efficiency impact-rated dual-pane windows and impact exterior doors, along with wraparound hurricane straps. Wind MIT is noted, and “4 pt” is available.
The home is supported by new mini-split AC/heat systems with zoned cooling and includes stainless steel appliances with infrared cooktops, luxury vinyl plank flooring, solid-core shaker doors, and Kohler porcelain tubs and toilets. Outside, newly installed driveways provide off-street parking for up to 8 SUVs. Constructed of block and built in 1958, the property sits on a 0.17-acre lot with 2,012 square feet under roof.
Designed for durability and low maintenance, the improvements include updated irrigation, completely upgraded electrical systems, and high-efficiency impact-rated dual-pane windows and impact exterior doors, along with wraparound hurricane straps. Wind MIT is noted, and “4 pt” is available.
The home is supported by new mini-split AC/heat systems with zoned cooling and includes stainless steel appliances with infrared cooktops, luxury vinyl plank flooring, solid-core shaker doors, and Kohler porcelain tubs and toilets. Outside, newly installed driveways provide off-street parking for up to 8 SUVs. Constructed of block and built in 1958, the property sits on a 0.17-acre lot with 2,012 square feet under roof.
Key Highlights
- Fully renovated duplex rebuilt and expanded with permits, with separate utilities
- 3‑bedroom, 2‑bath main residence plus separate 2‑bedroom, 1‑bath unit
- Detached air‑conditioned studio for guest, office, or flexible use
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $17.88 |
| − Vacancy | −$2.4k | −$1.21 |
| EGI | $33.5k | $16.67 |
| − OpEx | −$10.1k | −$5.00 |
| NOI | $23.5k | $11.67 |
2,012 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$335.5K
$293.6K – $391.4K
NOI $23,485 @ 7.0% cap · market cap 2.94%
Second Best
Apartment 5plus
$264.4K
$231.3K – $308.4K
NOI $18,505 @ 7.0% cap · market cap 2.32%
Theoretical Best
Office A
$523.3K
$457.9K – $610.6K
NOI $36,634 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
999
Businesses Nearby
Explore this area
Business Placement
Demographics for 33706, FL
15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
Median Home Value
Market
Properties on Market for Duplexes in Pinellas County
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex with a detached air-conditioned studio and fully renovated interiors, including impact-rated windows and separate utilities.
Where is this duplex located?
The property is located at 6855 GULF WINDS Drive St Pete Beach, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully renovated duplex rebuilt and expanded with permits, with separate utilities; 3‑bedroom, 2‑bath main residence plus separate 2‑bedroom, 1‑bath unit; Detached air‑conditioned studio for guest, office, or flexible use
