860 12TH Ave N, St. Petersburg, FL 33701

Beds
2
Baths
2
Sqft
788

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Listed byCOMPASS FLORIDA LLC
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
2
Number of bathrooms
2
Square feet
788
Lot size (acres)
0.03
Year built
1930

Interior features

Laundry
Inside

Exterior features

Water view
Yes

Utilities

Heating
Central, Electric
Cooling
Wall/window unit(s), Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$3,140.74

Public schools

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Sourced from: Stellar MLS MLS®#: TB8517559 Last checked:

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