$585,000
 $3,140 est/mo Sourced by Back At You

721 12th St S,ST PETERSBURG, FL 33705

ST PETERSBURG, FL 33705

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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!**

Details

MLS #TB8549912
Listing TypeFor Sale
StyleHouse
Sub-TypeFor-sale
StatusActive
Year1948
Days On Site31
Listing Provided ByFLORIDA REAL ESTATE ASSOCIATES | Matt Young

Features

Bed(s)7
Bath(s) 3 Total
SQ Feet2,097
Story(s)1
Acreage0.12

Taxes

Property6206

Area Information

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33705
Area33705 St Pete
Community NameGROVE HEIGHTS ANNEX
School DistrictLakewood High-PN
Elementary SchoolLakewood Elementary-PN
High SchoolLakewood High-PN
Listing VS Median (in GROVE HEIGHTS ANNEX)
Price:
$585,000
low | high
Med:
$585,000
50% of Average
sqft:
2,097
low | high
Med:
2,097
50% of Average
$ / sqft:
$279
low | high
Med:
$279
50% of Average
On site:
31
low | high
Med:
31
100% of Average
Sourced by Back At You

Market Activity 33705

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 19, 2026 at 2:21:02 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33705
Area33705 St Pete
Community NameGROVE HEIGHTS ANNEX
School DistrictLakewood High-PN
Elementary SchoolLakewood Elementary-PN
High SchoolLakewood High-PN
Listing VS Median (in GROVE HEIGHTS ANNEX)
Price:
$585,000
low | high
Med:
$585,000
50% of Average
sqft:
2,097
low | high
Med:
2,097
50% of Average
$ / sqft:
$279
low | high
Med:
$279
50% of Average
On site:
31
low | high
Med:
31
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $438K - $731K
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
1107 9TH AVE S Property Photo 1
$599,000
1107 9th Ave S
St Petersburg, FL 33705
Listing Updated: September 29, 2026 at 5:30:22 AM PDT