$400,000
860 12th Avenue
St Petersburg, FL 33701
Listing updated: June 26, 2026 at 6:53 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Day on market
Flood zone
About this home
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.
Local Insight
This 1930s duplex in downtown St. Petersburg is priced at $508/sqft—significantly above the area median—so you're paying for location and the potential for rental income rather than square footage or modern updates. The X flood zone rating is a genuine advantage in this neighborhood, but the tiny 0.03-acre lot and age of the structure mean you should budget seriously for deferred maintenance and verify what kind of rental history or potential exists before committing. The dual-unit setup could work well if you're looking to owner-occupy one side and rent the other, but get a detailed inspection focused on the foundation, electrical, and plumbing given the 1930 build date.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveJun 25, 2026
- Listed$400,000Jun 25, 2026
- Price increased$400,000
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 1
- Subdivision
- Bobbitts Sub
- County
- Pinellas
- Year built
- 1930
- Living area
- 788 sq ft
- Price/sq ft
- $508
- Building area
- 1,216 sq ft (Public Records)
- Lot size
- 1,259 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12103C0217H)
- Annual taxes
- $3,141 (2025)
- Parcel #
- 18-31-17-09504-000-0082
- MLS #
- TB8517559
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Interior Details
- Bedrooms
- 2
- Flooring
- Tile, Vinyl
- Interior features
- Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
- Laundry
- Inside
- Stories / Levels
- Two
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air, Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, FHA, Owner Financing
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Lighting, Sidewalk
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Stilt/On Piling
- Road surface
- Asphalt, Brick
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2026-06-25
- On market date
- 2026-06-25
- Original list price
- $400,000
- MLS area
- 33701 - St Pete
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-25
- Tax legal description
- BOBBITT'S SUB E 26FT OF W 62.5FT OF LOT 8 (PER O.R. 7860/900)
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From 9th St N, turn left on 12th Ave N, and property is on the right.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 26, 2026 at 6:53 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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