721 12th St S, St Petersburg, FL, 33705
$279/sqft·Grove Heights Annex
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At a glance
About this home
721 12th St S is a 1948-built home in Grove Heights Annex, St Petersburg. Inside you'll find 7 bedrooms, 3 bathrooms, and 2,097 square feet of living space. Listed at $585,000 (about $279/sqft), 1 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
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!**
The essentials
Location
Elementary
Lakewood Elementary-PN
Middle
Bay Point Middle-PN
High
Lakewood High-PN
Districts can re-zone, so verify directly with the district before relying on these.
Annual Tax (2025)
$6,207
Parcel #
25-31-16-33786-000-0110
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Grove Heights Annex
County
Pinellas
MLS Area
33705 - St Pete
Lot Size
5,293 sqft
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
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