721 12Th Street, St Petersburg, FL 33705
For Sale $585,000
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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!**
Ceiling Fans(s)
Taxes: $6,206.81
Tax Year: 2025
Range
Refrigerator
Elementary School: Lakewood Elementary-Pn
Middle School: Bay Point Middle-Pn
Junior High: Bay Point Middle-Pn
High School: Lakewood High-Pn
MLS Area: 33705 - St Pete
Total Square Footage: 2,097
Price per Square Feet: $278.97
Total Floors: 1
Water: Public
Construction: Stucco
Date Listed: 2026-09-18 00:00:00
Furnished: Furnished
Flooring: Carpet, Vinyl
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Other
Sewer: Public Sewer
Parcel ID: 25-31-16-33786-
Listing Courtesy Of: Florida Real Estate Associates
matt@mattyoung.com
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!**
Property Details
Price: $585,000
Sq Ft: 2,097
($279 per
sqft)
Bedrooms: 7
Bathrooms: 3
City: St Petersburg
County: Pinellas
Type: Single Family
Development: Grove Heights Annex
Acres: 0.1200
Virtual Tour/Floorplan: View
Year Built: 1948
Listing Number: TB8549912
Status Code: A-Active
Taxes: $6,206.81
Tax Year: 2025
Garage:
Furnishings: Furnished
Interior Features:
Ceiling Fans(s)
Financial Information:
Taxes: $6,206.81
Tax Year: 2025
Equipment:
Range
Refrigerator
School Information:
Elementary School: Lakewood Elementary-Pn
Middle School: Bay Point Middle-Pn
Junior High: Bay Point Middle-Pn
High School: Lakewood High-Pn
Additional Information:
MLS Area: 33705 - St Pete
Total Square Footage: 2,097
Price per Square Feet: $278.97
Total Floors: 1
Water: Public
Construction: Stucco
Date Listed: 2026-09-18 00:00:00
Furnished: Furnished
Flooring: Carpet, Vinyl
Roof: Shingle
Heating: Central
Cooling: Central Air
Laundry: Other
Sewer: Public Sewer
Parcel ID: 25-31-16-33786-
Map of 721 12Th Street, St Petersburg, FL 33705
Listing Courtesy Of: Florida Real Estate Associates
matt@mattyoung.com