721 12TH ST S St Petersburg, FL 33705
7 Beds
3 Baths
2,097 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,097 sqft
Price per Sqft $278
Subdivision Grove Heights Annex
MLS Listing ID TB8549912
Bedrooms 7
Full Baths 3
HOA Y/N No
Year Built 1948
Annual Tax Amount $6,206
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50x108
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
**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!**
Location
State FL
County Pinellas
Community Grove Heights Annex
Area 33705 - St Pete
Direction S
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Furnishings Furnished
Fireplace false
Appliance Range, Refrigerator
Laundry Other
Exterior
Exterior Feature None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Exposure East
Garage false
Private Pool No
Building
Story 1
Entry Level Two
Foundation Block
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Schools
Elementary Schools Lakewood Elementary-Pn
Middle Schools Bay Point Middle-Pn
High Schools Lakewood High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8549912
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