$
721 12TH ST S
Saint Petersburg, Pinellas, FL, 33705
Active$585,000
$279/sqft
7Beds
3Baths
2,097Sq Ft
1948Built
1Days on Market
About this 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. 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!**
Facts & Features
MLS ID#MFRTB8549912
Price$585,000
StatusActive
Bedrooms7
Bathrooms3
Full Baths3
Half Baths0
Square Footage2,097 sqft
Acres0.1200
Year Built1948
TypeResidential
SubtypeSingle Family Residence
StyleN/A
Community Information
Address721 12TH ST S
SubdivisionGrove Heights Annex
CitySaint Petersburg
CountyPinellas
StateFL
Zip Code33705
Senior CommunityNo
Amenities
AmenitiesN/A
ParkingN/A
ViewNo
WaterfrontNo
PoolNo
Interior
Interior FeaturesCeiling Fans(s)
HeatingCentral
CoolingCentral Air
FlooringCarpet, Vinyl
FireplaceN/A
Stories1
AppliancesRefrigerator, Range
Exterior
Exterior FeaturesNone
ConstructionStucco
FoundationBlock
RoofShingle
FencingN/A
Lot FeaturesN/A
School Information
ElementaryLakewood Elementary-Pn
MiddleBay Point Middle-Pn
HighLakewood High-Pn
Additional Information
Date ListedSeptember 18, 2026
Days on Market1
ZoningN/A
Direction FacesEast
New ConstructionNo
Mortgage Calculator
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. FLORIDA REAL ESTATE ASSOCIATES is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
1 day on market
Listed by: Matt Young · 813-267-5597—FLORIDA REAL ESTATE ASSOCIATES · 813-238-6111
Updated from Real Estate Market Data
MLS/IDX data last updated: October 24, 2026 10:12 PM . All data is obtained from various sources and may not have been verified by the 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
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