Address
721 12th Street S, ST PETERSBURG, FL
Price
$ 585,000
Property Attributes
  • MLS#TB8549912
  • TypeSingle Family
  • Listing Status Active
  • CountyPinellas
  • CityST PETERSBURG
  • AreaSt Pete
  • NeighborhoodGROVE HEIGHTS ANNEX
  • Zip33705
  • StyleSingle Family Residence
  • Year Built1948
  • Taxes$ 6206
  • Price$ 585,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2097
  • Lot Size0.12 Acres
Data Source:
Stellar MLS
Property Description

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!**

Elementary School Middle School High School
Lakewood Elementary-PN Elementary School Bay Point Middle-PN Middle School Lakewood High-PN High School
Price History
9/18/2026 Listed $585,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Appliances Range,Refrigerator
Construction Materials Stucco
Year Built 1948
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Pinellas
New Construction false
Property Type Residential
Subdivision Name GROVE HEIGHTS ANNEX
Facing Direction East
Garage Y/N false
Total Rooms 3
Full Baths 3
Status Active
Directions From I-175 E take the exit toward M L King Jr St S, 8th St S, turn right onto Dr Martin Luther King Jr St S, turn right onto Seventh Ave S, turn left onto 12th St S, turn right, the destination is on your left
High School Lakewood High-PN
City ST PETERSBURG
Senior Community Y/N false
MLS Area 33705 - St Pete
Lot Size Units Square Feet
Lot Size Square Feet 5293
Carport Y/N false
Listing Terms Cash,Conventional
Elementary School Lakewood Elementary-PN
Land Lease Y/N false
Tax Annual Amount 6206.81
Home Warranty Y/N false
Middle/Junior High School Bay Point Middle-PN
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8549912
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 11
Legal Description GROVE HEIGHTS ANNEX LOT 11 & E 1/2 OF VAC ALLEY ADJ TO LOT 11
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes
DockY/N false

Interior Features

Interior Amenities Ceiling Fan(s)
Flooring Carpet,Vinyl
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Other
Total Bedrooms 7
LivingAreaSource Owner
Total Baths 3

Exterior Features

Exterior Amenities None
Water Source Public
Lot Size Area 5293
Foundation Details Block
Building Area Total 2097
Lot Dimensions 50 x 108
Lot Size Acres 0.12
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33705

Price
AVG $620K
$590K
Taxes
AVG $5,443
$6,206
Year Built
AVG 1962
1948

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