Active

$400,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 788 sq ft
Overview
  • ID: MFRTB8517559
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 788 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$400,000
HOA Fee:
N/A
Tax Amount:
$3140.74
Price per SqFt:
$507.61
Tax Legal Description:
BOBBITT'S SUB E 26FT OF W 62.5FT OF LOT 8 (PER O.R. 7860/900)
Exterior Features
Lot Size:
1259
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Tile, Vinyl
Levels:
Two
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1930
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Sidewalk
Additional Features 2:
N/A
Map
  • Address
    860 12TH AVE N
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
Featured Properties

Related Properties

avt
Daniel Dourado
$ 249,000
avt
Daniel Dourado
$ 539,900
avt
Daniel Dourado
$ 249,000
avt
Daniel Dourado
$ 420,000
avt
Daniel Dourado
$ 599,900
img
  • Featured
  • Active
Duplex

1108 COUNTRY CLUB LN

  • 4
  • 4
  • 241 m²
avt
Daniel Dourado
$ 330,000
img
  • Featured
  • Active
Duplex

6917 SAN BENITO DR

  • 20
  • 20
  • 975 m²
avt
Daniel Dourado
$ 2,090,000
img
  • Featured
  • Active
Duplex

1609 E 143RD AVE #105-108

  • 4
  • 4
  • 169 m²
avt
Daniel Dourado
$ 530,000
img
  • Featured
  • Active
Duplex

6801 DICKINSON DR

  • 10
  • 10
  • 469 m²
avt
Daniel Dourado
$ 1,045,000
avt
Daniel Dourado
$ 524,000
avt
Daniel Dourado
$ 1,395,000
img
  • Featured
  • Active
Duplex

2706 E ANNIE ST

  • 5
  • 3
  • 159 m²
avt
Daniel Dourado
$ 447,900