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Two-Building Multifamily Property

7001 HIBISCUS Avenue S, South Pasadena, FL 33707

For Sale
New
$799,900

Residential Income, SOUTH PASADENA, FL

Property Size8,100 SF
Lot Size0.30 Acres
Price / SF$98.75
Days on Market3

Property Features for 7001 HIBISCUS Avenue S

General Information

Property type Residential Multi Family
Property subtype Triplex
Interior features Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Split Bedroom, Walk-In Closet(s)
Exterior features Balcony, Courtyard, Garden, Lighting
Subdivision PASADENA ON THE GULF SEC C
Directions From US Highway 19, head west on Central Avenue, then south on Pasadena Avenue. Turn west onto Hibiscus Avenue South and continue to 7001 Hibiscus Avenue South, South Pasadena, FL 33707.
Standard status Active
APN 30-31-16-67518-061-0180
Size 8,100 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PASADENA ON THE GULF SEC C BLK 61, LOT 18 & THAT PART OF LOT 17 DESC BEG MOST E'LY COR OF SD LOT 17 TH SW'LY 100FT ALG SE'LY LOT LINE TH NE'LY 100.13FT TO POINT ON NE'LY LOT LINE 4 FT NW'LY OF MOST E'LY LOT COR TH SE'LY 4FT TO POB
Tax Annual Amount 8793
Legal Description PASADENA ON THE GULF SEC C BLK 61, LOT 18 & THAT PART OF LOT 17 DESC BEG MOST E'LY COR OF SD LOT 17 TH SW'LY 100FT ALG SE'LY LOT LINE TH NE'LY 100.13FT TO POINT ON NE'LY LOT LINE 4 FT NW'LY OF MOST E'LY LOT COR TH SE'LY 4FT TO POB

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Central, Natural Gas, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Building materials HardiPlank Type, Stucco, Vinyl Siding
Roof type Metal
Buildings 2
Listing Agency: BEYCOME OF FLORIDA LLC
Listed By: Steven Koleno · License FL #3469487
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 9:06AM
MLS# O6456578

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.

Rey
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Investment Insights

Based on property information with market context.

Two buildings totaling 8,100 gross square feet occupy this 0.3-acre corner property: a 1,452-square-foot single-family home and a three-story, 6,648-square-foot duplex. The duplex’s second and third floors, totaling 4,200 square feet, remain intact. First-floor areas have been taken back to the studs, and both structures are described as structurally sound. The property offers a renovation or rebuilding project with existing residential improvements.

Building features include natural gas, tankless water heaters, Trane and Mitsubishi heat pumps, and metal roofs. Public water and sewer serve the property. Retailers, restaurants, banks, an express bus stop, St. Pete Beach, and downtown St. Petersburg are cited as nearby destinations.

Key Highlights

  • Two buildings with 8,100 gross square feet on a 0.3‑acre corner site
  • 1,452‑square‑foot single‑family home and 6,648‑square‑foot, three‑story duplex
  • Duplex second and third floors comprise 4,200 square feet and remain intact

Property Analytics

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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

879
Businesses Nearby

Demographics for 33707, FL

24,646
Population
16,579
Households
1.5
Avg Household Size
58
Median Age
40%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
4,650
Density / Sq Mi
$68,560
Median Household Income
$45,513
Median Earnings
$1,512
Median Rent
$344,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Pinellas County, FL

$434 Jul
$406 Aug
$412 Sep
$458 Oct

Properties on Market for Multifamily properties in Pinellas County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The site contains a single-family home and duplex, with first-floor areas cleared to the studs for renovation.
Where is this multifamily property located?
The property is located at 7001 HIBISCUS Avenue S South Pasadena, FL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two buildings with 8,100 gross square feet on a 0.3‑acre corner site; 1,452‑square‑foot single‑family home and 6,648‑square‑foot, three‑story duplex; Duplex second and third floors comprise 4,200 square feet and remain intact
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