721 12TH ST S, St Petersburg, FL 33705
721 12TH ST S, St Petersburg, FL 33705
721 12TH ST S, St Petersburg, FL 33705
721 12TH ST S, St Petersburg, FL 33705
721 12TH ST S, St Petersburg, FL 33705
721 12TH ST S, St Petersburg, FL 33705
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$ 585,000
Est. payment | /mo

7 Beds

3 Baths

2,097 SqFt


$ 585,000
Est. payment | /mo

7 Beds

3 Baths

2,097 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,097 sqft

Price per Sqft $278

Subdivision Grove Heights Annex

MLS Listing ID TB8549912

Bedrooms 7

Full Baths 3

HOA Y/N No

Year Built 1948

Annual Tax Amount $6,206

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 50x108

Property Sub-Type Single Family Residence

Source Stellar MLS

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!**

Location

State FL

County Pinellas

Community Grove Heights Annex

Area 33705 - St Pete

Direction S

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Flooring Carpet, Vinyl

Furnishings Furnished

Fireplace false

Appliance Range, Refrigerator

Laundry Other

Exterior

Exterior Feature None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Exposure East

Garage false

Private Pool No

Building

Story 1

Entry Level Two

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Schools

Elementary Schools Lakewood Elementary-Pn

Middle Schools Bay Point Middle-Pn

High Schools Lakewood High-Pn

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8549912

Stellar MLS
Listed by Matt Young FLORIDA REAL ESTATE ASSOCIATES

Schools and Properties Nearby

Skye Grunwald

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721 12TH ST S