Exceptional investment opportunity with two residences and income already in place! Welcome to 5113 12th Ave N in St. Petersburg, built in 2024 and featuring a spacious main residence along with a separate detached ADU above the garagencreating a versatile setup ideal for investors. Both residences are currently leased, providing a combined $6,295 in monthly gross rental income. The main home is leased for $3,800/month through July 31, 2027, while the ADU is leased for $2,495/ month through January 31, 2027, giving the next owner immediate rental income and stability from day one. The main home offers a spacious, functional layout with open living and dining areas, a dedicated office, and thoughtfully designed living spaces, while the detached ADU provides its own private living quarters. With two separate residences, newer construction, and tenants already in place, this property offers an excellent opportunity to expand your rental portfolio while maintaining long-term flexibility for future rental strategies or multi-generational living. Conveniently located in St. Petersburg with easy access to shopping, dining, Downtown St. Pete, beaches, and surrounding Tampa Bay destinations. Whether you're looking to expand your portfolio or secure a versatile income producing property this is an opportunity you won't want to miss.
Property Details
- Interior
- Open Floorplan, Thermostat
- Heating
- Central
- Cooling Features
- Central Air
- Bedrooms
- 5
- Bathrooms
- 5.5
- Full Baths
- 5
- Half Baths
- 1
- Stories
- 2
- Exterior Materials
- Private Mailbox
- Acres
- 0.15
- Square Feet
- 4460.0
- Parking
- 1
- Parking Spaces
- 1
- Parking Type
- Garage
- Parking Garage Spaces
- 1.0
- Property Type
- Purchase
- Year Built
- 2024
- Foundation
- Slab
- Roof
- Shingle
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Connected, Water Connected
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Subdivision
- WOODLAWN SUB
- County
- Pinellas
- Region
- ST PETERSBURG
- Original List Price
- $880,000
- Days on Market (Cumulative)
- 9
- Taxes Annual
- $20,694
- Ownership
- Fee Simple
- MLS #
- TB8544044
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: George Fleischmann | AveNew Realty
Provided By
Listed by Cody Arnold (#MFR261561534)
Listing Office: KELLER WILLIAMS TAMPA CENTRAL (#MFR776125)
