Home for Sale
$280,000
4 bd · 3 ba · 1,394 sqft
ST PETERSBURG, FL 33701 · MLS# TB8517559 · Active · BOBBITTS SUB
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.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
860 12TH AVENUE N, ST PETERSBURG, FL 33701 · See all St. Petersburg homes for sale
Home for Sale
$280,000
4 bd · 3 ba · 1,394 sqft
Home for Sale
$289,900
0 bd · 0 ba · 1,299 sqft
Home for Sale
$299,900
3 bd · 2 ba · 1,237 sqft
Home for Sale
$269,900
3 bd · 1 ba · 1,140 sqft
Home for Sale
$339,900
0 bd · 0 ba · 1,200 sqft
Home for Sale
$324,900
4 bd · 2 ba · 1,178 sqft
Home for Sale
$349,000
4 bd · 2 ba · 1,448 sqft
Home for Sale
$339,900
3 bd · 2 ba · 1,200 sqft
860 12TH AVENUE N is a multi-family home for sale in ST PETERSBURG, FL 33701. This property was listed for sale on June 25, 2026 by COMPASS FLORIDA LLC, it's currently listed at $375,000. This listing's school district is Pinellas Public Schools. 860 12TH AVENUE N is a 2-bed, 2-bath, 788 sqft multi-family home built in 1930.