Off market since Sep 2026

The Story

721 12th Street South

Saint Petersburg, FL 33705 · Home

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. …


Facts & Features

Property Info

Price
$585,000
Completion Year
1,948
Living Space
2,097 sq ft
Floors
1
Bedrooms
7
Bathrooms
3

Features & Amenities

Cooling

Central Air

Heating

Central

Appliances

Range, Refrigerator

Flooring

Carpet, Vinyl

Roof

Shingle

Water Source

Public

Sewer

Public Sewer

Listing Broker

FLORIDA REAL ESTATE ASSOCIATES

Broker Name

FLORIDA REAL ESTATE ASSOCIATES

Agent

Matt Young