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860 12TH AVENUE N

Multi-family For Sale
$400,000

BTC: 6.66666667

ETH: 258.06451613

New
2 bds
788 sqft

Overview

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

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1930
Lot:
0.03 Acres
Heating:
Central / Electric
Price/sqft:
$508
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$3,140
2025
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Other interior features

    • Ceiling Fan(s)

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Wood Cabinets

    • Split Bedroom

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

  • Property

    • Levels: Two

    • Exterior Features: Lighting / Sidewalk

    Lot

    • Lot: 0.03 Acres

    Other Property Information

    • Parcel Number: 183117095040000082

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,141

  • Source details

    • MLS ID: TB8517559

    Other facts

    • Construction Materials: Wood Frame (FSC Certified)

    • Foundation Details: Stilt/On Piling

    • Fireplace Features: Decorative

    • Laundry Features: Inside

    • Patio And Porch Features: Front Porch / Screened

    • Fireplace: Yes

    • Living Area: 788

    • Water Source: Public

    • Lot Size Dimensions: 26 x 50

    • Subdivision Name: BOBBITTS SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COMPASS FLORIDA LLC