516 NORTHMOOR AVE N, ST PETERSBURG, FL, 33702
$389,500
Residential
|
Bedrooms
4
|
Bathrooms
3
|
Living Area
1,676 Sqft
|
Lot Size
6,382 Sqft
|
Live in One, Rent the Other – Income Potential with In-Law Suite & New Roof!
This unique St. Petersburg property offers versatility, functionality, and excellent rental income potential! The main home features 2 bedrooms and 1 bathroom, plus a fully enclosed porch that can be used as a 3rd bedroom, home office, or bonus living area—perfect for a growing family or roommates.
In 2000, a permitted attached in-law suite was added, offering 2 bedrooms, 1.5 bathrooms, a private kitchen, and a separate entrance accessible from the alley. With an electric gate, this private entrance leads to a tall covered carport ideal for large vehicles, a small RV, or a boat—rare to find in the city! The suite is ideal for guests, extended family, or as a fully private rental.
Other highlights include:
Brand new roof (2025) – a major upgrade you won’t have to worry about for years
Two backyard storage sheds – great for tools, bikes, or seasonal items
Spacious backyard with potential for garden, pets, or entertaining
Split layout is ideal for multi-generational living or rental flexibility
Whether you’re an investor, homeowner, or both, this property offers the best of both worlds. Live in one side and rent the other to help offset your mortgage—or rent both for maximum return.
Rental Estimates:
2BR/1BA units in 33702 average $1,800–$1,900/month
Use the enclosed porch as a 3rd bedroom, and rental value may increase to $2,300–$2,600/month
This is your chance to own a property with built-in flexibility, strong income potential, and long-term value. Conveniently located near parks, schools, shopping, and quick access to major routes.
Don't miss out—schedule your private showing today!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8396685 | Year Built: | 1967 | |
| Appliances: | Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator | Construction Materials: | Concrete | |
| Cooling: | Central Air, Wall/Window Unit(s) | Country: | US | |
| County Or Parish: | Pinellas | Direction Faces: | Northwest | |
| Exterior Features: | Awning(s), Shade Shutter(s) | Flooring: | Ceramic Tile, Laminate | |
| Foundation Details: | Slab | Heating: | Electric | |
| Laundry Features: | Inside | Levels: | Multi/Split | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA, VA Loan | |
| Occupant Type: | Vacant | Other Equipment: | Irrigation Equipment | |
| Other Structures: | Shed(s) | Possession: | Close Of Escrow | |
| Property Sub Type: | Single Family Residence | Property Type: | Residential | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Supra Lock Box | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected | |
| Water Source: | None | |||
| Rooms | Rooms | |||
|---|---|---|---|---|
| Primary Bedroom: | 12x10 ft | Bedroom 2: | 10.5x10 ft | |
| Bedroom 3: | 10x11 ft | Bedroom 4: | 10x10 ft | |
| Bathroom 1: | 10x10 ft | Living Room: | 16x12 ft | |
| Kitchen: | 16x12 ft | |||
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