Maintained Duplex with Fenced
For Sale
$625,000
7301 8TH ST N, St Petersburg, FL 33702
Two income-producing units offer private outdoor space, carports, and covered laundry areas.
Property Size1,901 SF
Days on Market124
Property Features for 7301 8TH ST N
General Information
Standard status
Active
Size
1,901 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$10,955
Building Details
Building Size
1,901 SF
Year Built
1960
Listing Agency:
KELLER WILLIAMS ST PETE REALTY
Listed By:
Amber Bennett · License #3402468
(803) 569-5658
Source:
Judibeck
Added: Jun 15
Changed: Oct 4
Last Checked: Oct 15 at 5:04AM
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 KELLER WILLIAMS ST PETE REALTY
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Investment Insights
Based on property information with market context.
Built in 1960, this 1,901-square-foot duplex occupies a corner lot and contains two separate residences. Each unit provides three bedrooms, one bathroom, a private carport, an individually fenced backyard, and a covered outdoor laundry area. Both sides are currently occupied, supporting continued income use or an owner-occupant house-hack arrangement.
The property is located at 7301 8th St N in St. Petersburg, with access positioned for commutes toward Downtown St. Pete and Tampa. The two units have separate addresses, 7301 8th St N and 7305 8th St N. The property information also states that it sustained no flood damage during Hurricanes Helene and Milton.
The property is located at 7301 8th St N in St. Petersburg, with access positioned for commutes toward Downtown St. Pete and Tampa. The two units have separate addresses, 7301 8th St N and 7305 8th St N. The property information also states that it sustained no flood damage during Hurricanes Helene and Milton.
Key Highlights
- 1,901 SF duplex on a corner lot
- Built in 1960
- Two 3‑bedroom, 1‑bathroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,189
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,780
$443.8K
Cap Rate 7%
$316,986
$317.0K
Cap Rate 9%
$246,544
$246.5K
Market Conditions
NOI Build-Up for 1,901 SF
Gross rent
$34.0K $17.88/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$31.7K $16.67/SF
− OpEx
−$9.5K −$5.00/SF
NOI
$22.2K $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%
$443,780
Cap Rate 7%
$316,986
Cap Rate 9%
$246,544
Alternative Uses
Best Use
Multifamily LT 5
$317.0K
$277.4K – $369.8K
NOI $22,189 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$249.8K
$218.6K – $291.4K
NOI $17,484 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$494.5K
$432.7K – $576.9K
NOI $34,613 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,614
Businesses Nearby
Explore this area
Business Placement
Demographics for 33702, FL
29,996
Population
16,240
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
10.4 sq mi
ZIP Area
2,884
Density / Sq Mi
$65,503
Median Household Income
$43,860
Median Earnings
$1,369
Median Rent
$293,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two income-producing units offer private outdoor space, carports, and covered laundry areas.
Where is this duplex located?
The property is located at 7301 8TH ST N St Petersburg, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,901 SF duplex on a corner lot; Built in 1960; Two 3‑bedroom, 1‑bathroom units
