721 12th Street S, Saint Petersburg, FL 33705
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
Listed by: matt young
Office: florida real estate associates
MLS#:TB8549912
Source:MFRMLS
Price summary
- Price:$585,000
- Price per sq. ft.:$278.97
About this home
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!**...
Contact an agent
Home facts
- Year built:1948
- Subdivision & Development:GROVE HEIGHTS ANNEX
- Listing ID #:TB8549912
- Added:3 day(s) ago
- Updated:September 21, 2026 at 07:14 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Vinyl
- Kitchen Description:Range, Refrigerator
- Basement Description:Block
- Living area:2,097 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1948
- Building area:2,097 sq. ft.
- Lot area:0.12 Acres
- Construction Materials:Stucco
- Foundation Description:Block
- Levels:2 Story
Schools
- High school:Lakewood High-PN
- Middle school:Bay Point Middle-PN
- Elementary school:Lakewood Elementary-PN
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$585,000
- Price per sq. ft.:$278.97
- Tax amount:$6,207 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Amenities:Ceiling Fans(s)
- Pool features:Public Pool
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