FL
Pinellas
ST PETERSBURG
33702
516 NORTHMOOR N AVENUE
516 NORTHMOOR N AVENUE, ST PETERSBURG, FL 33702
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Listing Type
Multi Family
Listing Status
active
60
$409,000

Home Details for 516 NORTHMOOR N AVENUE

Price
$409,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
1676
Year built
1967
Lot size acres
0.15
County
Pinellas
Garage
Days on site
99
MLS Listing#
TB8397028
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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Property Features
  • Utilities
    • Cable Available
    • Cable Connected
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Central Air
    • Wall/Window Unit(s)
  • Heating Information
    • Electric
  • Water Features
    • Public
Listing Courtesy: INSTA REAL ESTATE SOLUTIONS - 813-586-0654
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-07-07 16:53:47
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EXIT SUNCOAST REALTY
5113 Central Ave, St. Petersburg, FL 33710
Office
727 620 3948
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