Overview
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!**
Virtual Tour
Address
- Street721 12TH
- CitySt Petersburg
- SubdivisionGROVE HEIGHTS ANNEX
- CountyPinellas
- StateFL
- Zip33705
- MLS #TB8549912
Interior
- AppliancesRange, Refrigerator
- Bathrooms Full3
- Bathrooms Half0
- Bathrooms Total Integer3
- Bedrooms Total7
- CoolingCentral Air
- CoolingYes
- FlooringCarpet, Vinyl
- FurnishedFurnished
- HeatingCentral
- HeatingYes
- Interior FeaturesCeiling Fan(s)
- Laundry FeaturesOther
- LevelsTwo
- Living Area2,097
- Living Area SourceOwner
- Living Area UnitsSquare Feet
- Rooms Total3
Exterior
- Direction FacesEast
- Exterior FeaturesNone
- Lot Size Acres0
- Lot Size Area5,293
- Lot Size Dimensions50 x 108
- Lot Size Square Feet5,293
- Lot Size UnitsSquare Feet
- Road Surface TypeAsphalt
- RoofShingle
Structure
- Building Area Total2,097
- Construction MaterialsStucco
- Foundation DetailsBlock
- Stories Total1
- Year Built1948
Financial
- Parcel Number253116337860000110
- Tax Annual Amount6,207
- Tax Block0
- Tax Book Number6-16
- Tax Legal DescriptionGROVE HEIGHTS ANNEX LOT 11 & E 1/2 OF VAC ALLEY ADJ TO LOT 11
- Tax Lot11
- Tax Year2025
Features & Amenities
Meet your agent

Lori Hopkins
Listing Agent
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