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$585,000

7 Beds 3 Baths 2,097 SQFT 0.12 Acres
Type: Single Family

721 12TH STREET S
ST PETERSBURG, FL 33705

MLS#: TB8549912
Tiffany Waalen
Tiffany Waalen
The Real Estate Advantage
Phone: 763.218.6117
Office: 763.755.1100
Presented by: FLORIDA REAL ESTATE ASSOCIATES with 813-238-6111. - 813-238-6111

Property Description

 

INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**


 

Interior Features

Bedrooms

Total Bedrooms7

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCarpet, Vinyl
Furnished Y/NFurnished
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesOther
Total Stories1

General

Additional Parcels Y/NNo
AppliancesRange, Refrigerator
Building Area Units0 sqft
Carport Y/NNo
CityST PETERSBURG
Construction MaterialsStucco
CoolingCentral Air
CountyPinellas
DirectionsFrom I-175 E take the exit toward M L King Jr St S, 8th St S, turn right onto Dr Martin Luther King Jr St S, turn right onto Seventh Ave S, turn left onto 12th St S, turn right, the destination is on your left
DockY/NNo
Elementary SchoolLakewood Elementary-PN
Facing DirectionEast
Flood Zone CodeX
Flood Zone Code XY
Full Baths3
Garage Y/NNo
HeatingCentral
High SchoolLakewood High-PN
Home Warranty Y/NNo
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NNo
Legal DescriptionGROVE HEIGHTS ANNEX LOT 11 & E 1/2 OF VAC ALLEY ADJ TO LOT 11
LevelsTwo
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet5293
Lot Size UnitsSquare Feet
MLS Area33705 - St Pete
Middle/Junior High SchoolBay Point Middle-PN
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameGROVE HEIGHTS ANNEX
Tax Annual Amount$6,207
Tax Lot11
Tax Year2025
Total Rooms3
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1948

Exterior

Building Area Total2,097 sqft
Exterior AmenitiesNone
Foundation DetailsBlock
Lot Dimensions50 x 108
Lot Size Acres0.12
Lot Size Area5,293 sqft
Private PoolNo
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

  

Similar Properties

$585,000

7 Beds 3 Baths 2,097 SQFT 0.12 Acres
Type: Single Family

721 12TH STREET S
ST PETERSBURG, FL 33705

MLS#: TB8549912
Tiffany Waalen
Tiffany Waalen
The Real Estate Advantage
Phone: 763.218.6117
Office: 763.755.1100