516 Northmoor Avenue N, St Petersburg, FL 33702
- $390,000
- 5
- BD
- 3
- BA
- 1,676
- SqFt
- Sold Price
- $390,000
- List Price
- $389,500
- Status
- Sold
- Days on Market
- 34
- Closing Date
- Sep 12, 2025
- MLS#
- TB8397028
- Property Style
- Duplex
- Year Built
- 1967
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1,676
- Lot Size
- 6,382
- Acres
- 0.15
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- North St Petersburg
- MLS Area Major
- St Pete
Property Description
Investor Opportunity – Single Family Home with In-Law Suite, Dual Kitchens, Separate Entrances & New Roof, and a potential 9 Cap. This single-family home, zoned as such, is a versatile and income-producing asset in the heart of St. Petersburg. With one water meter and one electric meter, the layout is ideal for dual living — offering two private entrances, two full kitchens, and clear separation between spaces, making it perfect for house hacking, long-term rental, or multi-generational living. The main unit includes 3 bedrooms and 1 bath (using the enclosed porch as a third bedroom), and the permitted in-law suite (built in 2000) features 2 bedrooms, 1.5 baths, a private kitchen, and separate alley entrance with an electric gate and covered carport — great for RVs, boats, or work vehicles. Property Features: Zoned Single-Family Residential New Roof (2025) – major improvement completed Two full kitchens and separate entrances Separate in-law suite ideal for rental income Two backyard sheds for additional storage Fenced yard with room for pets, gardening, or outdoor use and an electric gate. A single set of utilities keeps costs simple Rental Income & Investment Potential: Projected Gross Rent: $4,500/month or $54,000/year Estimated NOI (after estimated expenses): $37,800/year At a $419,000 price point, this yields an impressive 9 Cap. Live in one unit and rent the other, or lease both for maximum ROI. This property offers built-in flexibility and is located in a desirable area close to major roads, shopping, schools, and parks. Don’t miss out on this high-performing investment property — schedule your private showing today!
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Additional Information
- Taxes Annual
- $968
- Minimum Lease
- No Minimum
- Annual Gross Income
- 54000
- Community Features
- No Deed Restriction
- Property Description
- Split Level
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Floor
- Ceramic Tile, Laminate
- Appliances
- Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Concrete
- Exterior Features
- Awning(s), Shade Shutter(s)
- Roof
- Membrane
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 1 Car Carport
- Flood Zone Code
- AE
- Parcel ID
- 31-30-17-61146-068-0300
- Legal Description
- NORTH ST PETERSBURG BLK 68, LOT 30
Listing courtesy of INSTA REAL ESTATE SOLUTIONS. 813-586-0654
Selling Office: KELLER WILLIAMS ON THE WATER.Mortgage Calculator
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