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$585,000

  • For Sale
  • Active
  • Single Family
  • 7 Beds
  • 3 Full Baths
  • 2,097 Sq. Ft.
  • Updated 7 days ago
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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!**

Full Property Details for 721 12th St S

General

  • Price: $585,000
  • Taxes: $6,206 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8549912
  • Updated: 9/18/2026
  • Added to Site: 8 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Ceiling Fan(s)
  • Appliances: Range, Refrigerator
  • Furnishings: Furnished
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Other

Exterior

  • Exterior Features: None

Location

  • Area: 33705 - St Pete
  • County: Pinellas
  • Development Name: 33705 - St Pete
  • Subdivision: GROVE HEIGHTS ANNEX
  • Driving Directions: From I-175 E take the exit toward M L King Jr St S, 8th St S, turn right onto Dr Martin Luther King Jr St S, turn right onto Seventh Ave S, turn left onto 12th St S, turn right, the destination is on your left
  • Direction Faces: East

School Information

  • Elementary School: Lakewood Elementary-PN
  • Middle School: Bay Point Middle-PN
  • High School: Lakewood High-PN

Community

  • Community Name: 33705 - St Pete

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • Exterior Const.: Stucco
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 2,097
  • Sq. Ft. Source: Owner
  • Year Built: 1948

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,293
  • Lot Size: 5293
  • Lot Dimensions: 50 x 108
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $6,206.81
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: GROVE HEIGHTS ANNEX LOT 11 & E 1/2 OF VAC ALLEY ADJ TO LOT 11
  • Flood Zone Info: X
  • APN: 253116337860000110
  • Property ID: 253116337860000110

Listed by Florida Real Estate Associates

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Listing agent

— 721 12th St S —

  • Florida Real Estate Associates

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 721 12th St S

School District:Pinellas County School District
NameGradesDistance
Campbell Park Elementary School
1051 7th Ave S, St. Petersburg, FL 33705
PK-50.1 mi
John Hopkins Middle School
701 16th St S, St. Petersburg, FL 33705
6-80.3 mi
Gibbs High School
850 34th St S, St. Petersburg, FL 33711
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 721 12th St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2026
Listed
$585,000
109.68%
MLS
5/24/2023
Sold
$279,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 721 12th St S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,207
6%
$311,592
4%
2024
$5,863
136%
$300,439
86%
2023
$2,482
119%
$161,186
70%
2021
$1,131
-43%
$94,580
-5%
2022
$1,995
76%
$99,588
27%
2021
$1,131
44%
$78,574
162%
2019
$785
8%
$29,973
10%
2018
$727
12%
$27,248
-31%
2017
$649
16%
$39,499
31%
2016
$558
20%
$30,091
47%
2015
$466
4%
$20,472
5%
2014
$446
—
$19,479
—
2013
$448
—
$19,391
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Florida Real Estate Associates

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721 12th Street S, Saint Petersburg, FL 33705 (MLS# TB8549912) is a Single Family property with 7 bedrooms and 3 full bathrooms. 721 12th Street S is currently listed for $585,000 and was received on September 18, 2026. Want to learn more about 721 12th Street S? Do you have questions about finding other Single Family real estate for sale in Saint Petersburg? You can browse all Saint Petersburg real estate or contact a Coldwell Banker agent to request more information.

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