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$880,000

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.

5 Beds ⋅ 6 Baths ⋅ Woodlawn Sub SubDv. ⋅ 33710 Zip Code

5113 12th Avenue N, St Petersburg

$874,799

Investment opportunity with income already in place! Welcome to 5101 12th Ave N in St. Petersburg, featuring a spacious 5-bedroom, 2.5-bath main residence plus a separate 3-bedroom, 2-bath ADU—offering a total of 8 bedrooms and 4.5 bathrooms across two residences. This property is an ideal addition to an investor’s portfolio, offering immediate rental income without the hassle of starting from scratch. The main house is currently tenant-occupied, with tenants planning to renew for another year, providing continued stability and cash flow. The ADU is also tenant-occupied on a month-to-month basis, giving the next owner added flexibility for future rental strategy. With two separate living spaces and tenants already in place, this property offers a unique opportunity for investors looking to generate income from day one. Conveniently located in St. Petersburg with easy access to shopping, dining, Downtown St. Pete, and surrounding Tampa Bay destinations. Whether you're looking to expand your rental portfolio or secure a multi-unit income-producing property, 5101 12th Ave N is an opportunity worth exploring.

5 Beds ⋅ 3 Baths ⋅ Woodlawn Sub SubDv. ⋅ 33710 Zip Code

5101 12th Avenue N, St Petersburg