860 12th Avenue N, St Petersburg, FL 33701
- $400,000
- 2
- BD
- 2
- BA
- 788
- SqFt
- List Price
- $400,000
- Status
- Active
- Days on Market
- 32
- MLS#
- TB8517559
- Property Style
- Duplex
- Year Built
- 1930
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 788
- Lot Size
- 1,259
- Acres
- 0.03
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Bobbitts Sub
- MLS Area Major
- St Pete
Property Description
Rare Crescent Lake Duplex Opportunity | Income-Producing Property with Seller Financing Available! 860 12th Avenue N presents an exceptional opportunity to acquire a versatile income-producing duplex in the heart of Crescent Lake. Whether you're an investor seeking strong rental potential, a buyer looking to offset ownership costs through a house-hack strategy, or someone envisioning a multi-generational living arrangement, this unique property offers an incredible combination of flexibility, location, and long-term upside. Adding to its appeal, the neighboring single-family residence at 1162 Highland Street N is also being offered for sale, creating a rare opportunity to acquire two adjacent properties and establish a private compound, expand an investment portfolio, or create a truly unique live-work or multi-property income strategy. Creative seller financing is available on either or both properties. The duplex features two distinct living spaces thoughtfully designed to maximize functionality and appeal. The ground-floor studio apartment offers a comfortable and private retreat complete with a charming screened-in porch—an inviting space for morning coffee, evening relaxation, or additional outdoor living. Upstairs, the spacious 2-bedroom, 1-bathroom residence enjoys an abundance of natural light and opens to a private balcony, providing an ideal setting to enjoy Florida's year-round sunshine and neighborhood views. Properties offering this level of flexibility in Crescent Lake are increasingly difficult to find. Live in one unit while generating income from the other, lease both units for investment returns, accommodate extended family, or capitalize on the opportunity to acquire both neighboring properties and unlock even greater possibilities. Located just moments from Crescent Lake Park, downtown St. Petersburg, award-winning restaurants, vibrant shopping, waterfront parks, and the city's thriving arts and cultural scene, this is more than an investment opportunity—it's a chance to secure a foothold in one of Tampa Bay's most sought-after neighborhoods with exceptional upside and endless potential.
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Additional Information
- Taxes
- $3140
- Minimum Lease
- No Minimum
- Annual Gross Income
- 48000
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Interior Layout
- Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
- Interior Features
- Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
- Floor
- Tile, Vinyl
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Fireplace
- Yes
- Fireplace Description
- Decorative
- Exterior Construction
- Frame
- Exterior Features
- Lighting, Sidewalk
- Roof
- Shingle
- Foundation
- Stilt/On Piling
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 18-31-17-09504-000-0082
- Legal Description
- BOBBITT'S SUB E 26FT OF W 62.5FT OF LOT 8 (PER O.R. 7860/900)
Listing courtesy of COMPASS FLORIDA LLC. 727-380-2067
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