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Heroel & Monica Cuervo -The Cuervo Team

monica@thecuervoteam.com +1(407) 701-3095

$ 400,000

Est. payment | -/mo

2 Beds

2 Baths

788 SqFt

Save Virtual Tour

$ 400,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

788 SqFt

Open House

Sun Jun 28, 9:00am - 10:30am

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 788 sqft

Price per Sqft $507

Subdivision Bobbitts Sub

MLS Listing ID TB8517559

Bedrooms 2

HOA Y/N No

Year Built 1930

Annual Tax Amount $3,140

Lot Size 1,306 Sqft

Acres 0.03

Lot Dimensions 26x50

Property Sub-Type Duplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Pinellas

Community Bobbitts Sub

Area 33701 - St Pete

Direction N

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments

Heating Central, Electric

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile, Vinyl

Fireplaces Type Decorative

Fireplace true

Laundry Inside

Exterior

Exterior Feature Lighting, Sidewalk

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Porch Front Porch, Screened

Garage false

Private Pool No

Building

Entry Level Two

Foundation Stilt/On Piling

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Owner Financing

Listing Terms Cash, Conventional, FHA, Owner Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8517559

Listed by Zach Steinberger COMPASS FLORIDA LLC

Schools and Properties Nearby

860 12TH AVE N St Petersburg, FL 33701