860 12TH AVE N, ST PETERSBURG, FL, 33701
$400,000
Residential Income
Bedrooms
2
Bathrooms
2
Living Area
788 Sqft
Lot Size
1,259 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRTB8517559 Year Built: 1930
Construction Materials: Frame Cooling: Central Air, Wall/Window Unit(s)
Country: US County Or Parish: Pinellas
Exterior Features: Lighting, Sidewalk Fireplace Features: Decorative
Flooring: Tile, Vinyl Foundation Details: Stilt/On Piling
Heating: Central, Electric Laundry Features: Inside
Lease Term: Twelve Months Levels: Two
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, Owner Financing
Patio And Porch Features: Front Porch, Screened Property Sub Type: Duplex
Property Type: Residential Income Road Surface Type: Asphalt, Brick
Roof: Shingle Sewer: Public Sewer
Showing Requirements: ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Tenant Pays: Sewer, Trash Collection, Water Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water Source: Public
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