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Back 1013 5th St N
Off Market

1013 5th St N

St. Petersburg FL 33701

2
4
3
1500 sq. ft.
5044 sq. ft.
Duplex
Last sold for $1,000,000
Zach SteinbergerZach Steinberger, last sold this property on 14 December 2022 after 113 days on market.

Overview

Seller concession offered to buy down rate! Motivated seller! $50,000 Price reduction! Incredible investment opportunity with this triplex in the heart of Historic Uptown! One of the best neighborhoods for tenants in St Pete. This triplex is fully occupied with tenants in place at below market rents. With rents at market rate, the pro forma numbers suggest this triplex would be a 7% cap rate investment. This triplex has a 3 car detached garage across from the courtyard that is currently being used as a laundry room and storage. This garage is huge! It could be converted to a 4th unit with it's own parking pad while keeping the laundry room and a 1 car garage for parking and storage. Plumbing and electrical are already in place!

Features

2 bedrooms
4 bathrooms
3 carspaces
1500 sq. ft. floor area
5044 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 2 bedroom duplexes sold in St. Petersburg over the last 12 months.

Property history for 1013 5th St N

2022
Sold
$1,000,000
14 Dec 2022 by Zach Steinberger, of COMPASS FLORIDA LLC
2019
Sold
$330,000
13 Dec 2019 by James Nagy, PA, of PALM ISLAND REALTY
2007
Sold
$255,000
07 Mar 2007 by Sean Tennant, of WEICHERT, REALTORS - EQUITY

Happy sellers in St. Petersburg

57%
57% of sellers in St. Petersburg reported that their sale price either exceeded or met their price expectations.

St. Petersburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in St. Petersburg over the last 12 months.

Local market activity for 2 bedroom duplexes in St. Petersburg

In the last 12 months, 1 two-bedroom duplex similar to 1013 5th St N, have been sold.

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