Residential Income
For Sale
Contact for pricing
927 Yale Street North, St Petersburg, FL 33713
Residential income property for sale with 1,383 SF and a 2003 build date.
Property Size1,383 SF
Price / SF$202.46
Days on Market40
Property Features for 927 Yale Street North
General Information
Standard status
Active
Size
1,383 SF
Property subtype
Multifamily
Building Details
Year Built
1928
Listing Agency:
LPT Realty
(727) 504-3490
Listed By:
Ben Mitrano PA · License #FL SL3453922
Source:
Crexi
Added: Jun 26
Changed: Jul 28
Last Checked: Aug 2 at 3:36PM
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 LPT Realty
Investment Insights
Based on property information with market context.
This residential income property offers 1,383 SF of space and was dated 08/20/2003. It’s classified as other multifamily/residential income housing, positioned for buyers seeking a residential rental asset.
The property is located at 927 Yale Street North in St. Petersburg, Florida 33713, and is offered for sale. The provided listing information includes the building size and the stated residential date, which can be useful for underwriting and planning tenant-ready updates.
The property is located at 927 Yale Street North in St. Petersburg, Florida 33713, and is offered for sale. The provided listing information includes the building size and the stated residential date, which can be useful for underwriting and planning tenant-ready updates.
Key Highlights
- Residential income property built in 1928
- Approx. 1,383 SF
Financial Insights For Apartment 5plus
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 | $24.9k | $18.00 |
| − Vacancy | −$1.8k | −$1.28 |
| EGI | $23.1k | $16.72 |
| − OpEx | −$10.4k | −$7.52 |
| NOI | $12.7k | $9.20 |
1,383 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$181.7K
$159.0K – $212.0K
NOI $12,720 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.7K
$314.8K – $419.7K
NOI $25,181 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
Explore this area
Business Placement
Demographics for 33713, FL
31,321
Population
16,192
Households
1.9
Avg Household Size
42
Median Age
35%
College-Educated
91%
High-School Grad
6.5 sq mi
ZIP Area
4,819
Density / Sq Mi
$69,704
Median Household Income
$43,282
Median Earnings
$1,387
Median Rent
$279,000
Median Home Value
Market
Properties on Market for Multifamily properties 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?
Multifamily property - Residential income property for sale with 1,383 SF and a 2003 build date.
Where is this multifamily property located?
The property is located at 927 Yale Street North St Petersburg, FL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Residential income property built in 1928; Approx. 1,383 SF
