Property Description

Under contract-accepting backup offers. Exceptional investment opportunity with two residences and income already in place! Welcome to 5113 12th Ave N in St. Petersburg, built in 2024 and featuring a spacious main residence along with a separate detached ADU above the garagencreating a versatile setup ideal for investors. Both residences are currently leased, providing a combined $6,295 in monthly gross rental income. The main home is leased for $3,800/month through July 31, 2027, while the ADU is leased for $2,495/ month through January 31, 2027, giving the next owner immediate rental income and stability from day one. The main home offers a spacious, functional layout with open living and dining areas, a dedicated office, and thoughtfully designed living spaces, while the detached ADU provides its own private living quarters. With two separate residences, newer construction, and tenants already in place, this property offers an excellent opportunity to expand your rental portfolio while maintaining long-term flexibility for future rental strategies or multi-generational living. Conveniently located in St. Petersburg with easy access to shopping, dining, Downtown St. Pete, beaches, and surrounding Tampa Bay destinations. Whether you're looking to expand your portfolio or secure a versatile income producing property this is an opportunity you won't want to miss.