$975,000

$639/sq ft

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Overview

Bedroom

3

Year Built

1958

Sqft

1525

Property Type

Duplex

Property Description

If you've been searching for a home that offers both incredible value and endless possibilities, look no further. Nestled in the heart of Crescent Lake, this unique property is two homes for the price of one, making it an exceptional find for homeowners, investors, or anyone looking to maximize their living space. Both homes on this property have been fully renovated and updated within the last few years. From the plumbing to the electrical, kitchens to bathrooms, every detail has been carefully upgraded to ensure modern comforts and peace of mind. It's like stepping into a brand-new home, but with the charm and character that Crescent Lake is known for. The main home features 2 bedrooms and 1 bathroom, perfect for a small family or those who love to entertain. The open-concept layout is designed to make the most of the space, with a stunning kitchen that flows seamlessly into the living and dining areas. Imagine hosting dinner parties or family gatherings in this warm, inviting space. Tucked away on the same property is a delightful 1-bedroom, 1-bathroom house. This charming little home is perfect as an in-law suite, a haven for teenagers seeking some independence, or an income-generating rental property. The possibilities are truly endless—whether you choose to live in the main house and rent out the cottage, or vice versa, this setup offers incredible flexibility. One of the biggest draws of this property is its versatility. Homeowners can enjoy the best of both worlds by living in one home and renting out the other, effectively reducing their mortgage payments or even turning a profit. Investors it is a wonderful opportunity to collect not 1 but 2 sources of income on the same parcel. It’s also an ideal solution for those who need extra space for family or want to dip their toes into real estate investing. Living in Crescent Lake means you’re close to everything that makes St Pete a fantastic place to live. From the eclectic mix of local restaurants and shops to the convenience of being near downtown, this neighborhood has it all. This dual-home property in Crescent Lake is more than just a place to live—it’s an opportunity. Whether you’re looking to generate income, accommodate family, or simply enjoy the perks of living in one of St Pete's most desirable neighborhoods, this property has it all. Don’t miss out on this unique chance to own a piece of Crescent Lake and unlock the full potential of this amazing home times two. We are looking for a homeowner looking for the perfect community or an investor seeking a prime location, this property offers the best of both worlds. Did I mention FLOOD ZONE X!!

Property Details

MLS#

TB8405543

Address

787 12TH

City

St Petersburg

State/county

FL

Zip/Postal Code

33701

Area

Cresent Lake Gardens

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,721

Maint Fee

$--

Tax Year

2024

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Boris Gelfand