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725 21ST AVENUE S

Multi-family For Sale
$395,000

BTC: 6.27980922

ETH: 233.58959196

1 days
4 bds
1,450 sqft

Overview

St. Pete Duplex with Strong Income Potential! This fully renovated (2026) two-story property offers an excellent opportunity for both investors and owner-occupants—live in one unit and rent the other, or maximize cash flow by leasing both. Each unit features 2 bedrooms and 1 bathroom with approximately 750 sq. ft. of living space. The property is now fully vacant, presenting immediate upside with market rents estimated at $1,600 per unit—projected to generate $3,200 per month, or $38,400 in annual gross income. Ideal for owner-occupants, this property presents a great house-hacking opportunity—buyers may be able to utilize FHA or VA financing, live in one unit, and offset their mortgage by renting out the other unit (buyer to verify loan eligibility and requirements). Unit A (downstairs) offers laminate wood flooring throughout (with tile in the bathroom), an open-concept layout, updated kitchen with granite countertops, an eat-in area, and a spacious living room, plus a versatile den or bonus space. Unit B (upstairs) features a similar layout with luxury vinyl flooring in the main living areas and bedrooms, and tile in the kitchen and bath. Both units include granite countertops, ceiling fans, mini blinds, and their own stackable washer and dryer for added convenience. Exterior highlights include new fencing, including a front privacy fence that enhances curb appeal and creates a more secluded feel. Ideally located just off 9th St. S, the property is minutes from Downtown St. Petersburg, Tropicana Field, and the USF campus. Bartlett Park and the Frank H. Pierce Recreation Center are just steps away. With strong rental demand in the area and excellent proximity to major amenities, this duplex is a prime opportunity to generate steady income and long-term value.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1946
Lot:
0.14 Acres
Heating:
Central / Electric
Price/sqft:
$272
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$389,000
$207K – $428K
Confidence Low
List vs. estimate
At estimate
List $395,000 · +1.5%
List is in line with recent comparable activity.
Price per sq ft
$272
-7.1% vs. city median $293
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,175
2025
All facts and features
  • Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: Two

    • Exterior Features: Fenced / Lighting

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 303117790200020030

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $6,175

  • Source details

    • MLS ID: TB8517120

    Other facts

    • Construction Materials: Asbestos / Block

    • Foundation Details: Slab

    • Laundry Features: Washer Hookup

    • Living Area: 1450

    • Water Source: Public

    • Subdivision Name: SCHOOLEYS HOMEVILLE

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: YOU FIRST REALTY AND ASSOC LLC