Property
ActiveResidential
1/18
$400,000

860 12TH AVENUE

St Petersburg, FL 33701
2
Beds
2
Baths
788
SqFt
0.03
Acres
STELLAR
#TB8517559
Updated: Jun 28, 2026, 1:08pm

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.
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Property Details

Interior
Building Area Total
1216
Cooling
Central AirWall/Window Unit(s)
Fireplace Features
Decorative
Flooring
TileVinyl
Heating
CentralElectric
Interior Features
Ceiling Fan(s)Kitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsSplit BedroomWindow Treatments
Laundry Features
Inside
Living Area
788
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
Wood Frame (FSC Certified)
Foundation Details
Stilt/On Piling
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1930
Site & Exterior
Exterior Features
LightingSidewalk
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.03
Lot Size Area
1259
Lot Size Dimensions
26 x 50
Lot Size Square Feet
1259
Lot Size Units
Square Feet
Patio And Porch Features
Front PorchScreened
Public Survey Range
17
Public Survey Section
18
Road Surface Type
AsphaltBrick
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Financials
Calculated List Price By Calculated Sq Ft
507.61
Contract Status Change Date
2026-06-25
Current Price
400000
Existing Lease Type
Gross
Feed Types
BBO
Lease Considered
Yes
Lease Term
12 Months
Minimum Lease
No Minimum
Ownership
Fee Simple
Parcel Number
183117095040000082
Public Survey Township
31
Tax Annual Amount
3140.74
Tax Book Number
1-1
Tax Legal Description
BOBBITT'S SUB E 26FT OF W 62.5FT OF LOT 8 (PER O.R. 7860/900)
Tax Lot
8
Tax Year
2025
Total Actual Rent
4000

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33701 - St Pete
Subdivision Name
BOBBITTS SUB
Listing provided courtesy of STELLAR via IDX. Updated: Jun 28, 2026, 1:08pm.
Zach Steinberger

Listing Agent

COMPASS FLORIDA LLC

Call Agent