260 20TH AVENUE S, Saint Petersburg, FL, 33705
About This Home
Prime Old Southeast Duplex Investment Opportunity - 5.3 CAP RATE with potential of 6.0 CAP RATE – Just 1 Mile South of Downtown St. Petersburg. Turnkey income-producing property in the heart of Old Southeast St Petersburg. this exceptional investment opportunity features a 2-bedroom, 2-bathroom unit plus a 1-bedroom, 1-bathroom unit. Located in desirable Old Southeast, just approximately 1 mile south of Downtown St. Petersburg, this renovated concrete block duplex offers a strong investment opportunity in one of St. Pete’s consistently high-demand rental locations. With proximity to the USF St. Petersburg campus, Johns Hopkins All Children’s Hospital, Orlando Health Bayfront Hospital, the St. Pete Innovation District, The Dalí Museum, Mahaffey Theater, Al Lang Stadium, downtown waterfront parks, the marina, restaurants, nightlife, museums, and Tampa Bay, this location appeals to long-term tenants, medical professionals, college students, downtown workers, and owner-occupants alike. Both units have been renovated and feature newer major systems, including a NEW ROOF 2025, both apartments have NEW AC UNITS 2023, and private in-unit washer and dryer for each residence. Additional upgrades include; NEW HOT WATER TANKS 2024, IMPACT WINDOWS 2023, NEW APPLIANCES 2024. The larger front unit offers approximately 850 square feet with a conventional and highly livable layout, featuring 2 spacious bedrooms, each with its own ensuite bathroom, a fully equipped kitchen, private laundry, and private outdoor space. The second unit is an efficient and well-appointed 1 bedroom, 1 bathroom residence with approximately 530 square feet, offering a large bedroom with ensuite bath, functional kitchen storage, private laundry, and comfortable living space. This property is ideal for an investor looking to add a renovated duplex to their rental portfolio or for a buyer seeking an owner-occupant house-hacking opportunity. Time it right, and the 2 bedroom/2 bathroom unit may be available for you to live in while the 1 bedroom/1 bathroom unit helps offset your mortgage. With the growth of the nearby Innovation District, expanding healthcare, marine science, university, arts, and business corridors, this Old Southeast duplex is positioned in a location where rental demand remains strong. You will never be short of tenant interest in this prime St. Petersburg location.
Getting Around
Somewhat Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1948
Materials
- Foundation: Crawlspace
- Roof: Shingle
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Dryer,Electric Water Heater,Range,Refrigerator,Washer
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Ceiling Fan(s),Primary Bedroom Main Floor,Thermostat
- Window features: Window Treatments
- Common walls with other units/homes: Corner Unit
Heating & Cooling
- Heating features: Central,Other
- Cooling features: Central Air,Ductless
Interior Area
- Total structure area: 1,360
- Total interior livable area: 1,360 sqft
Property
Details
- Parcel number: 303117771840090160
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Sidewalk
- Fencing: Fenced
Lot
- Lot size: 7,279 sqft
- Features: FloodZone,Landscaped
- Lot size dimensions: 50 x 140
Parking
- Parking features: Assigned,Curb Parking,Off Street,On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Cold Wave
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Pinellas County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,705 | $32,460 |
| Home Insurance * | $228 | $2,736 |
| Property Taxes | $880 | $10,560 |
| Electricity | $197 | $2,366 |
| Total | $4,010 | $48,120 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-05 | Listed for sale | $535,000 |
| 2023-07-20 | Sold | $425,000 |
| 2023-06-09 | Pending sale | $425,000 |
| 2023-06-06 | Listed for sale | $425,000 |
| 2022-02-17 | Listing removed | -- |
| 2022-02-14 | Listed for rent | $1,600 |
| 2018-10-20 | Listing removed | $1,100 |
| 2018-09-13 | Price change | $1,100 |
| 2018-08-17 | Price change | $1,200 |
| 2018-07-25 | Price change | $1,300 |
| 2018-07-12 | Price change | $1,500 |
| 2018-06-11 | Listed for rent | $1,600 |
| 2013-08-08 | Sold | $128,500 |
| 2013-06-27 | Listed for sale | $129,900 |
| 2005-12-27 | Sold | $161,000 |
| 2005-06-24 | Sold | $161,000 |
| 1997-10-22 | Sold | $40,000 |
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