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$900,000

1201 Highland Street N Saint Petersburg, FL 33701 Multi Unit - Multiple Active

  • 1201 Highland Street N, Saint Petersburg, FL 33701 Main Photo

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Description

Welcome to a rare and beautifully appointed multi-unit investment opportunity in the highly sought-after Crescent Lake neighborhood of St. Petersburg. Situated on a prime corner lot, this unique property features two distinct homes totaling 2,242 square feet, offering exceptional flexibility for rental income, multi-generational living, or a combination of both. The main bungalow offers inviting living spaces, a charming front porch, and a spacious patio surrounded by lush, fruit-bearing landscaping-creating a warm and appealing setting for tenants, guests, or owners alike. The detached second home adds significant value and income potential, featuring two separate living spaces, each with its own full kitchen, making it ideal for short-term or long-term rentals, guest accommodations, or extended family. Located just moments from Crescent Lake Park, downtown St. Petersburg, and an array of popular dining, shopping, and waterfront destinations, this property offers strong rental appeal in one of the area's most desirable locations. Additional highlights include new vinyl fence, new hardscaping, well irrigation, recent termite tenting, new appliances, four parking spaces, and outdoor areas for all occupants-making this a truly exceptional opportunity for investors seeking versatility, cash flow, and long-term value. One or more photos have been virtually staged. Multi-unit, package deal with 833 12TH AVE N

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.15 Acres
Roof Type: Shingle
Taxes: $11,880
Year Built: 1925

General Information

Bedrooms: 5
Sqft: 2,242
County: Pinellas
Subdivision: EAST VIEW
Listed By:
Lisa Blume COMPASS FLORIDA LLC 727-339-7902

Amenities

Ceiling Fans(s)
Other
Sidewalk

Property Features

Annual Net Income: 66565.00
Directions: From 275 South take exit 24 for 22nd Avenue North. Left onto 22nd Ave N. Right after 7-Eleven onto 9th St N/Dr MLK Jr St N. Left onto 13th Ave N. Right onto Highland St N. Property on left, the corner lot.
Exterior: Frame
Fireplace: Decorative
Fireplace Y/N: Yes
Flood Zone Code: X
Flooring: Laminate, Wood
Foundation: Crawlspace
Home Warranty Y/N: No
Lot Dimensions: 0.15
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Utilities: Public, Sprinkler Well
Water: Public
Water Access Y/N: No
$900,000
5beds
2,242sqft
New to the Market Active
BEDS5 BATHS SQUARE FEET2,242 MLS#TB8486553
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEAST VIEW

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1201 Highland Street N, Saint Petersburg, FL 33701.

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Estimated Payment

$ 4,288.05 per month $3,035.55 Principal & Interest $990.00 Property Tax $262.50 Homeowner's Insurance

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