BEDS6
BATHS
SQUARE FEET2,600
MLS#TB8463738
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONJACKSONS
Property Description
Prime investment opportunity in the highly desirable Old Northeast neighborhood of St. Petersburg. Located at 209 12th Ave N, this well-positioned quadplex features four rentable units, all currently occupied, providing immediate income for the next owner. Lots of room to improve the monthly income, with adjusting rents to current market rates! The property is situated just minutes from vibrant downtown St. Pete, waterfront parks, shopping, dining, and cultural attractions. Nestled on a quiet, tree-lined street, this classic Old Northeast location continues to attract strong tenant demand. Ideal for 1031 exchange buyers seeking a seamless transition into a stabilized, income-producing asset, as well as portfolio investors looking to expand holdings in a proven rental market. With consistent occupancy and a premier location in one of St. Petersburg's most sought-after neighborhoods, this property offers long-term appreciation potential and reliable cash flow.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s)
Heating: Central, Ductless
Lot Size: 0.15 Acres
Roof Type: Other, Shingle
Taxes: $10,744
Year Built: 1972
Amenities
Other
Thermostat
Lighting
Private Mailbox
Feature Descriptions
Annual Net Income: 39312.00
Days on Site: 73
Directions: 4th St N to 12th Ave N and head east.
Exterior: Block, Frame
Flood Zone Code: X
Flooring: Tile, Vinyl
Foundation: Slab
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.15
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Office, See Remarks
Special Sale Provisions: None
Units: 4
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: PARK PROPERTY GROUP
Agency Contact: 727-216-6591
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-632-9452
Estimate Your Payment
Estimated Payment
$ 3,410.05 per month $2,223.34 Principal & Interest $895.33 Property Tax $291.38 Homeowner's Insurance
209 12th Avenue N | MLS# TB8463738
This multi-family property located at 209 12th Avenue N, Saint Petersburg, FL 33704 is currently listed for sale with an asking price of $999,000. Search Saint Petersburg real estate on www.floridaexecutiverealty.com today.