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St Pete duplex 3394 74th Ave N 2 Unit Apartment Building $440,000 ($220,000/Unit) 4.35% Cap Rate Saint Petersburg, FL 33702
INVESTMENT HIGHLIGHTS
- Concrete Black, washer/dryers, roof 2024
- Can do long and short term rentals in Unincorporated Pinellas County
- Huge corner lot, room to add amenities, fenced yard
EXECUTIVE SUMMARY
Prime investment small multi family duplex, Roof 2024, electrical 2024, Concrete Block
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$40,800
|
$34.09
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,040
|
$1.70
|
| Effective Gross Income |
$38,760
|
$32.38
|
| Taxes |
$7,400
|
$6.18
|
| Operating Expenses |
$12,240
|
$10.23
|
| Total Expenses |
$19,640
|
$16.41
|
| Net Operating Income |
$19,120
|
$15.97
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $40,800 |
| Annual Per SF | $34.09 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $2,040 |
| Annual Per SF | $1.70 |
| Effective Gross Income | |
|---|---|
| Annual | $38,760 |
| Annual Per SF | $32.38 |
| Taxes | |
|---|---|
| Annual | $7,400 |
| Annual Per SF | $6.18 |
| Operating Expenses | |
|---|---|
| Annual | $12,240 |
| Annual Per SF | $10.23 |
| Total Expenses | |
|---|---|
| Annual | $19,640 |
| Annual Per SF | $16.41 |
| Net Operating Income | |
|---|---|
| Annual | $19,120 |
| Annual Per SF | $15.97 |
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Range
- Breakfast Nook
- Garden
SITE AMENITIES
- Courtyard
- Fenced Lot
- Furnished Units Available
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PROPERTY TAXES
| Parcel Number | 26-30-16-00000-330-0600 | Total Assessment | $240,000 |
| Land Assessment | $97,063 | Annual Taxes | $7,400 ($6.18/SF) |
| Improvements Assessment | $142,937 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
26-30-16-00000-330-0600
Land Assessment
$97,063
Improvements Assessment
$142,937
Total Assessment
$240,000
Annual Taxes
$7,400 ($6.18/SF)
Tax Year
2025
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St Pete duplex | 3394 74th Ave N
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