BEDS3
BATHS
SQUARE FEET1,140
MLS#TB8535169
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONARTIS
Property Description
WELCOME TO INCOME-PRODUCING REAL ESTATE IN SOUTH ST. PETERSBURG! Fantastic opportunity to acquire a turnkey, income-producing single-family rental with an established Section 8 tenant already in place. The property is currently leased on an annual basis, providing immediate rental income from day one, with the tenant responsible for all utilities. Even better for investors looking to scale: this home is one of seven income-producing single-family properties being offered for sale by the same owner. Purchase this property individually or explore the opportunity to acquire all seven as a portfolio, creating a substantial existing annual income stream across multiple properties in South St. Petersburg. The properties have been professionally managed, and property management is available if desired, making this an attractive opportunity for both local and out-of-area investors seeking an established rental portfolio. This three-bedroom, one-bathroom home offers a functional floor plan designed for long-term rental appeal. With durable construction, comfortable living spaces, and a layout that continues to attract tenant demand, the property is well suited for investors looking to expand their portfolio with a stable, income-producing asset.Ideally located in South St. Petersburg, the home is just minutes from downtown St. Petersburg, I-275, the Warehouse Arts District, the Pinellas Trail, and close proximity to many of the city's most sought-after Fundamental and District Application Program(DAP) schools. Its proximity to major shopping, dining, parks, and entertainment enhances its long-term rental desirability while offering convenient access throughout Pinellas County.Please do not disturb the tenant. Showings are by appointment only and subject to tenant occupancy. Also available individually as part of this 7-property St. Petersburg investment portfolio: TB8535987 - 791 35th Ave S; TB8534657 - 2621 6th St S; TB8535980 - 1120 11th Ave S; TB8535101 - 1430 14th Ave S; TB8534682 - 1440 Prescott St S; TB8535169 - 1944 12th Ave S; TB8535157 - 4419 18th Ave S.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.17 Acres
Roof Type: Shingle
Taxes: $2,920
Year Built: 1925
Amenities
Other
Private Yard
Feature Descriptions
Annual Net Income: 17300.00
Days on Site: 3
Directions: Take 16th St. N/S Southbound. Head west on 12th ave S. The home is on the south side of 12th ave S. between 19th St. S and 21st St. S
Exterior: Stucco, Frame
Fireplace: Living Room
Fireplace Y/N: Yes
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.17
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent 2,Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 727-360-6927
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 922.73 per month $600.68 Principal & Interest $243.33 Property Tax $78.72 Homeowner's Insurance
1944 12th Avenue S | MLS# TB8535169
This multi-family property located at 1944 12th Avenue S, Saint Petersburg, FL 33712 is currently listed for sale with an asking price of $269,900. Search Saint Petersburg real estate on www.realty100.com today.