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Updated Two-Unit Duplex
For Sale
$529,990

935 17TH AVE S, St Petersburg, FL 33705

Updated interiors, private fenced backyards, and washer/dryer hookups support practical two-unit residential use.

Property Size2,448 SF
Days on Market49

Property Features for 935 17TH AVE S

General Information

Standard status Active
Size 2,448 SF
Property subtype Duplex

Property Condition

Severity Repairs Needed
Evidence minimal deferred maintenance

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $5,163

Amenities

private fenced backyard
washer/dryer hookups
RV parking pad

Building Details

Building Size 2,448 SF
Year Built 1953
Buildings 1
Listing Agency: DALTON WADE INC
Listed By: Carissa White · License #260056629
Source: Judibeck
Added: Sep 2 Changed: Oct 14 Last Checked: Oct 19 at 5:10PM

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 DALTON WADE INC

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Investment Insights

Based on property information with market context.

Built in 1953, this 2,448 SF duplex contains two matching 4BR/2BA residences, each measuring 1,224 SF. Improvements include an updated roof, refreshed kitchens and bathrooms, new flooring, new lighting, butcher block countertops, and washer/dryer hookups in both units. Each residence also has its own fenced backyard.

The property occupies an oversized corner lot at 935 17th Ave S in St. Petersburg, with a detached concrete RV parking pad/lot providing an additional on-site feature. The location is minutes from Downtown St. Petersburg, shopping, dining, major employers, and local colleges.

Key Highlights

  • Two‑unit duplex with matching 4BR/2BA layouts
  • 2,448 SF total; each unit measures 1,224 SF
  • Updated roof, kitchens, bathrooms, flooring, and lighting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,574
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$571,480 $571.5K
Cap Rate 7%
$408,200 $408.2K
Cap Rate 9%
$317,489 $317.5K
Market Conditions
NOI Build-Up for 2,448 SF
Gross rent
$43.8K $17.88/SF
− Vacancy
−$3.0K −$1.21/SF
EGI
$40.8K $16.67/SF
− OpEx
−$12.2K −$5.00/SF
NOI
$28.6K $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%
$571,480
Cap Rate 7%
$408,200
Cap Rate 9%
$317,489

Alternative Uses

Best Use
Multifamily LT 5
$408.2K
$357.2K – $476.2K (±1% cap)
NOI $28,574 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$321.6K
$281.4K – $375.3K (±1% cap)
NOI $22,515 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$636.7K
$557.2K – $742.9K (±1% cap)
NOI $44,572 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Building Supply Auto Parts Store Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

969
Businesses Nearby

Demographics for 33705, FL

27,915
Population
15,171
Households
1.8
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
5.6 sq mi
ZIP Area
4,985
Density / Sq Mi
$70,783
Median Household Income
$40,370
Median Earnings
$1,457
Median Rent
$321,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Duplex - Updated interiors, private fenced backyards, and washer/dryer hookups support practical two-unit residential use.
Where is this duplex located?
The property is located at 935 17TH AVE S St Petersburg, FL.
What is the asking price?
The asking price for this property is $529,990.
What are key features of this property?
This property features: Two‑unit duplex with matching 4BR/2BA layouts; 2,448 SF total; each unit measures 1,224 SF; Updated roof, kitchens, bathrooms, flooring, and lighting
More about this property
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