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… Read More 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. Read Less
Courtesy of COMPASS FLORIDA LLC 727-380-2067
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Beds
2
Square Ft.
788
Lot Size
0.03 Acres
Year Built
1930
MLS Number
TB8517559
Additional Details
Property Access
Road Surface: Asphalt, Brick
Building
Built in 1930, Living area: 788, Living area units: Square Feet, Levels: Two, Construction Materials: Frame
Cooling
Central Air, Wall/Window Unit(s)
Exterior Features
Patio/Porch Features: Front Porch, Screened, Lighting, Sidewalk
Fireplaces
Decorative
Floors
Tile, Vinyl
Foundation
Stilt/On Piling
Heating
Central, Electric
Income
Gross Income: $48,000
Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Window Treatments
Laundry
Inside
Lot
0.03 acres, Dimensions: 26x50
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 18-31-17-09504-000-0082, Public Survey Range: 17, Public Survey Section: 18, Annual Amount: $3,140.74, Tax Book Number: 1-1, Legal Description: BOBBITT'S SUB E 26FT OF W 62.5FT OF LOT 8 (PER O.R. 7860/900), Lot: 8, Year: 2025
Tenant Pays
Sewer, Trash Collection, Water
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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