Renovated Triplex with Separate
For Sale
$565,000
Pending
9845 60TH, Pinellas Park, FL 33782
Three-unit property with refreshed interiors, individual outdoor areas, storage sheds, and shared front parking.
Property Size2,714 SF
Days on Market50
Property Features for 9845 60TH
General Information
Standard status
Pending
Size
2,714 SF
Property subtype
Investment
Units
Unit Mix
1 x studio, 2 x 2BR/2BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$7,556
Amenities
porch
fireplace
laundry room
bonus room
back yard
storage shed
Building Details
Building Size
2,714 SF
Year Built
1944
Year Renovated
2026
Listing Agency:
SOUTHERN LIFE REALTY
Listed By:
Damon Lister · License #3272880
(727) 642-1758
Source:
Elliman
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 26 at 4:38PM
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 SOUTHERN LIFE REALTY
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Investment Insights
Based on property information with market context.
This triplex contains three distinct residential units with varied layouts. Unit 1 is a Studio 1/1 with a rear porch area. Unit 2 is a 2/2 featuring a fireplace and laundry/mud room, while Unit 3 is the largest unit and includes a 2/2 layout with an enclosed bonus room at the rear. Recent work includes new flooring in each unit, some new appliances, sliding doors, and a roof installed in May 2026. The property was built in 1944.
Each residence has its own backyard space and storage shed. Shared parking is available at the front of the property, which also has a circle drive and the option to create dedicated parking areas for the individual units. The address is 9845 60TH, Pinellas Park, FL 33782. BikeScore is 54, WalkScore is 48, and TransitScore is 24.
Each residence has its own backyard space and storage shed. Shared parking is available at the front of the property, which also has a circle drive and the option to create dedicated parking areas for the individual units. The address is 9845 60TH, Pinellas Park, FL 33782. BikeScore is 54, WalkScore is 48, and TransitScore is 24.
Key Highlights
- Three‑unit triplex with Studio 1/1, 2/2, and 2/2 layouts
- New flooring in each unit, some new appliances, and sliding doors added in 2026
- Roof installed in May 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,679
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,580
$633.6K
Cap Rate 7%
$452,557
$452.6K
Cap Rate 9%
$351,989
$352.0K
Market Conditions
NOI Build-Up for 2,714 SF
Gross rent
$48.5K $17.88/SF
− Vacancy
−$3.3K −$1.21/SF
EGI
$45.3K $16.67/SF
− OpEx
−$13.6K −$5.00/SF
NOI
$31.7K $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%
$633,580
Cap Rate 7%
$452,557
Cap Rate 9%
$351,989
Alternative Uses
Best Use
Multifamily LT 5
$452.6K
$396.0K – $528.0K
NOI $31,679 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$356.6K
$312.0K – $416.0K
NOI $24,961 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$705.9K
$617.7K – $823.6K
NOI $49,415 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
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Business Placement
Demographics for 33782, FL
22,198
Population
10,581
Households
2.1
Avg Household Size
50
Median Age
29%
College-Educated
88%
High-School Grad
5.4 sq mi
ZIP Area
4,111
Density / Sq Mi
$65,487
Median Household Income
$41,676
Median Earnings
$1,767
Median Rent
$253,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with refreshed interiors, individual outdoor areas, storage sheds, and shared front parking.
Where is this triplex located?
The property is located at 9845 60TH Pinellas Park, FL.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Three‑unit triplex with Studio 1/1, 2/2, and 2/2 layouts; New flooring in each unit, some new appliances, and sliding doors added in 2026; Roof installed in May 2026
