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860 12TH Avenue N

St Petersburg, FL 33701
  • $400,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: TB8517559
UPDATED: 64 min ago
$400,000
  • 2
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 788
    SQFT
  • $508
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

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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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-07-22T15:45:10.14.
www.floridaliferealestate.com/homes/178119764
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860 12TH Avenue N St Petersburg, FL 33701

  • Price: $400,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 64 min ago
  • MLS #: TB8517559
2
Beds
0
Baths
0
½ Baths
0.03
Acres
788
SQFT
$508
$/SQFT
1930
Built
Neighborhood:
Bobbitts Sub
County:
Pinellas
Area:
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.
Exterior Features

Carport Yn No Construction Materials Wood Frame (FSC Certified) Exterior Features LightingSidewalk Foundation Details Stilt/On Piling Lot Size Dimensions 26 x 50 Patio And Porch Features Front PorchScreened Pool Private Yn No Road Surface Type AsphaltBrick Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Yn No

Interior Features

Building Area Total 1216 Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Features Decorative Fireplace Yn Yes Flooring TileVinyl Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(s)Kitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsSplit BedroomWindow Treatments Laundry Features Inside Levels Two Sewer Public Sewer Water Source Public

Property Features

Additional Parcels YN No Annual Expenses 12000 Annual Net Income 36000 Association Yn No Cdd Yn No Down Payment Resource Yes Est Annual Market Income 36000 Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term 12 Months Listing Terms CashConventionalFHAOwner May Carry Minimum Lease No Minimum New Construction Yn No Ownership Fee Simple Property Sub Type Duplex Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3140.74 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of COMPASS FLORIDA LLC: 727-339-7902.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-07-22T15:45:10.14.
 
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