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$585,000

721 12 St

Saint Petersburg, FL
Active
7
Bedrooms
3
Bathrooms
2,097
Square Feet
0.12
Lot Size (acres)
1948
Year Built
15
Days On Market

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!**

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Listing Information

Listing Updated
14 days ago
Listed By
Matt Young, 8132675597 · FLORIDA REAL ESTATE ASSOCIATES, 8132386111
MLS#
TB8549912
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
721 12 St, Saint Petersburg, FL 33705
City
Saint Petersburg
County
Pinellas
Neighborhood
GROVE HEIGHTS ANNEX
Zip Code
33705

Architecture

Bedrooms
7
Bathrooms
3
Stories
1
Year Built
1948
Construction Materials
Stucco
Building Area
2,097 sq. ft.
Foundation
Block
Roof
Shingle
Levels
Two
Garage Spaces
0

Features & Amenities

Appliances
Refrigerator, Range
Flooring
Vinyl, Carpet
Exterior Features
None
Cooling
Central Air
Heating
Central

Property Features

Lot Size
0.12 Acres
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected

Square Footage

Total
2,097 sq. ft.

Tax & Financial Information

List Price
$585,000
Annual Taxes
$6,206

Schools

98/100
Imagine Middle School
Grades 06–08 · 0.8 mi
City
St Petersburg
Students
56
Student body
77% Black · 18% White · 4% Two or More Races
Free/reduced lunch
80%
Phone
(727) 821-7100
76/100
Perkins Elementary School
Elementary · Grades PK–05 · 1.1 mi
City
St Petersburg
Students
587
Parent reviews
5.0★ avg · 1 review
Student body
53% White · 34% Black · 8% Hispanic / Latino
Free/reduced lunch
46%
Phone
(727) 893-2117
75/100
Lakeview Fundamental Elementary
Elementary · Grades PK–05 · 1.4 mi
City
St Petersburg
Students
347
Parent reviews
5.0★ avg · 1 review
Student body
53% White · 34% Black · 7% Hispanic / Latino
Free/reduced lunch
35%
Phone
(727) 893-2139
60/100
James B. Sanderlin K-8
Elementary · Grades KG–08 · 1.4 mi
City
St Petersburg
Students
586
Parent reviews
3.0★ avg · 3 reviews
Student body
47% White · 32% Black · 10% Hispanic / Latino
Free/reduced lunch
39%
Phone
(727) 552-1700
58/100
St. Petersburg High School
High · Grades 09–12 · 1.5 mi
City
St Petersburg
Students
2,059
Parent reviews
3.0★ avg · 2 reviews
Student body
57% White · 17% Black · 11% Hispanic / Latino
Free/reduced lunch
41%
Phone
(727) 893-1842
56/100
Midtown Academy
Elementary · Grades KG–05 · 0.6 mi
City
St Petersburg
Students
313
Student body
49% Black · 36% White · 8% Hispanic / Latino
Free/reduced lunch
16%
Phone
(727) 893-1358
55/100
Campbell Park Elementary School
Elementary · Grades PK–05 · 0.1 mi
City
St Petersburg
Students
462
Student body
86% Black · 6% White · 4% Two or More Races
Free/reduced lunch
87%
Phone
(727) 893-2650
55/100
John Hopkins Middle School
Middle · Grades 06–08 · 0.3 mi
City
St Petersburg
Students
723
Parent reviews
2.7★ avg · 3 reviews
Student body
49% Black · 30% White · 13% Hispanic / Latino
Free/reduced lunch
67%
Phone
(727) 893-2400

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/18/2026Listed for sale$585,000

Listed by Matt Young · FLORIDA REAL ESTATE ASSOCIATES · 8132386111

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: September 19, 2026 at 10:56 AM | Source: Stellar MLS | MLS#: TB8549912

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