PENDING
$30K PRICE DROP
516 Northmoor Ave N Saint Petersburg, FL 33702
Fossil Park NeighborhoodEstimated payment $2,236/month
Total Views
10,912
5
Beds
3
Baths
1,676
Sq Ft
$232
Price per Sq Ft
Highlights
- No HOA
- In-Law or Guest Suite
- Ceramic Tile Flooring
- Shade Shutters
- Shed
- Awning
About This Home
Under contract-accepting backup offers. 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!
Listing Agent
INSTA REAL ESTATE SOLUTIONS Brokerage Phone: 813-586-0654 License #3119202 Listed on: 06/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $968
Year Built
- Built in 1967
Lot Details
- 6,382 Sq Ft Lot
- Lot Dimensions are 50x120
- Irrigation Equipment
Parking
- 1 Carport Space
Home Design
- Duplex
- Split Level Home
- Slab Foundation
- Membrane Roofing
- Concrete Siding
Interior Spaces
- 1,676 Sq Ft Home
- Ceiling Fan
- Awning
- Shade Shutters
- Laundry in unit
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- In-Law or Guest Suite
- 3 Bathrooms
Outdoor Features
- Shed
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
- Heating Available
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 30 / 68
- Assessor Parcel Number 31-30-17-61146-068-0300
Community Details
Overview
- No Home Owners Association
- North St Petersburg Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Water Meter
- Gross Income $54,000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $932 | $92,154 | -- | -- |
| 2023 | $932 | $89,470 | $0 | $0 |
| 2022 | $888 | $86,864 | $0 | $0 |
| 2021 | $880 | $84,334 | $0 | $0 |
| 2020 | $870 | $83,170 | $0 | $0 |
| 2019 | $839 | $81,300 | $0 | $0 |
| 2018 | $815 | $79,784 | $0 | $0 |
| 2017 | $795 | $78,143 | $0 | $0 |
| 2016 | $775 | $76,536 | $0 | $0 |
| 2015 | $787 | $76,004 | $0 | $0 |
| 2014 | $777 | $75,401 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | Pending | -- | -- | -- |
| 07/09/2025 07/09/25 | Price Changed | $389,500 | -4.8% | $232 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $409,000 | -2.4% | $244 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $419,000 | -- | $250 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,000 | Credit Line Revolving | |
| Open | $38,000 | New Conventional | |
| Closed | $20,000 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: Stellar MLS
MLS Number: TB8397028
APN: 31-30-17-61146-068-0300
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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