Overview
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.
Listing Info
- Cumulative Days On Market69
- Days On Market69
- Lease ConsideredYes
- List AORSuncoast Tampa
- List Agent Emailzach.steinberger@compass.com
- List Agent Full NameZach Steinberger
- List Agent Key168c7604951d94ebc59400a1b96c4c1c
- List Agent MLS ID260047075
- List Agent Preferred Phone941-539-7253
- List Price350,000
- Listing Contract DateJune 25, 2026
- Listing IDTB8517559
- Listing Key31a5a55563810c6de9373bb9eda102a6
- Listing TermsCash, Conventional, FHA, Owner May Carry
- MLS StatusActive
- Modification TimestampSeptember 2, 2026 at 06:00pm
- On Market DateJune 25, 2026
- Original Entry TimestampJune 25, 2026 at 11:46am
- Original List Price400,000
- OwnershipFee Simple
- Photos Change TimestampJune 25, 2026 at 11:52am
- Photos Count18
- Price Change TimestampSeptember 2, 2026 at 06:00pm
- Source System Key793053373
- Special Listing ConditionsNone
- Status Change TimestampJune 25, 2026 at 11:46am
Virtual Tour
Address
- Street860 12TH
- CityST PETERSBURG
- SubdivisionBOBBITTS SUB
- CountyPinellas
- StateFL
- Zip33701
- MLS #TB8517559
Interior
- Bathrooms Total Integer2
- Bedrooms Total2
- CoolingCentral Air, Wall/Window Unit(s)
- CoolingYes
- Fireplace FeaturesDecorative
- FireplaceYes
- FlooringTile, Vinyl
- HeatingCentral, Electric
- HeatingYes
- Interior FeaturesCeiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
- Laundry FeaturesInside
- LevelsTwo
- Living Area788
- Living Area SourcePublic Records
- Living Area UnitsSquare Feet
Exterior
- Exterior FeaturesLighting, Sidewalk
- Lot Size Acres0
- Lot Size Area1,259
- Lot Size Dimensions26 x 50
- Lot Size Square Feet1,259
- Lot Size UnitsSquare Feet
- Patio And Porch FeaturesFront Porch, Screened
- Road Surface TypeAsphalt, Brick
- RoofShingle
Structure
- Building Area Total1,216
- Construction MaterialsWood Frame (FSC Certified)
- Foundation DetailsStilt/On Piling
- Number Of Buildings1
- Year Built1930
Financial
- Lease Term12 Months
- Parcel Number183117095040000082
- Tax Annual Amount3,141
- Tax Block0
- Tax Book Number1-1
- Tax Legal DescriptionBOBBITT'S SUB E 26FT OF W 62.5FT OF LOT 8 (PER O.R. 7860/900)
- Tax Lot8
- Tax Year2025
Features & Amenities
Meet your agent
Zach Steinberger
Listing Agent · COMPASS FLORIDA LLC
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