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.
Property Details
Price:
$375,000
MLS #:
TB8517559
Status:
Active
Beds:
2
Baths:
2
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BOBBITTS SUB
Neighborhood:
33701stpete
Listed Date:
Jun 25, 2026
Finished Sq Ft:
788
Total Sq Ft:
1,216
Lot Size:
1,259 sqft / 0.03 acres (approx)
Year Built:
1930
See this Listing
Schools
Interior
Cooling
Central Air, Wall/Window Unit(s)
Flooring
Tile, Vinyl
Heating
Central, Electric
Interior Features
Ceiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
Laundry Features
Inside
Levels
Two
Exterior
Construction Materials
Wood Frame (FSC Certified)
Exterior Features
Lighting, Sidewalk
Patio And Porch Features
Front Porch, Screened
Roof
Shingle
Financial
Tax Year
2025
Taxes
$3,141
Map
Community
- Address860 12TH AVENUE N ST PETERSBURG FL
- SubdivisionBOBBITTS SUB
- CityST PETERSBURG
- CountyPinellas
- Zip Code33701
Subdivisions in ST PETERSBURG
Market Summary
Current real estate data for Multi Family in ST PETERSBURG as of Aug 29, 2026
87
Multi Family Listed
137
Avg DOM
420
Avg $ / SqFt
$732,471
Avg List Price
Property Summary
- Located in the BOBBITTS SUB subdivision, 860 12TH AVENUE N ST PETERSBURG FL is a Multi Family for sale in ST PETERSBURG, FL, 33701. It is listed for $375,000 To schedule a showing of MLS#tb8517559 at 860 12TH AVENUE N in ST PETERSBURG, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
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Courtesy of COMPASS FLORIDA LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 860 12TH AVENUE N
ST PETERSBURG, FL
