Crescent Lake Multifamily Homes & Duplexes for Sale

/26
$975,000
- 3 Beds
- 2 Baths
- 1,525 Sq Ft
787 12th Ave N, Saint Petersburg, FL 33701

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

Jay Phillips JAY ALAN REAL ESTATE

787 12th Ave N, Saint Petersburg, FL 33701
/47
$950,000
- 4 Beds
- 2 Baths
- 2,208 Sq Ft
1423 Dr Martin Luther King jr St N, Saint Petersburg, FL 33704

Investors or house-hackers! This is a must-see, beautifully renovated multi-family property located in the highly desirable Crescent Lake area of St Petersburg. This exquisite duplex offers two spacious 2 bed/1 bath units along with a detached 3-car garage, presenting a prime investment opportunity, as the property is currently zoned to construct up to 4 units. Currently bringing in $63,000 of

Emma Yepsen COMPASS FLORIDA LLC

1423 Dr Martin Luther King jr St N, Saint Petersburg, FL 33704
/42
$2,745,000
- 2,976 Sq Ft
460 15th Ave N, Saint Petersburg, FL 33704

Incredible investment opportunity. 10 units with potential bonus studio. Fantastic cash flow. This listing includes both buildings 450 and 460 15th Ave.

Leon Stoltz MOVE REALTY LLC

460 15th Ave N, Saint Petersburg, FL 33704
/58
$1,335,000
- 6 Beds
- 6 Baths
- 2,406 Sq Ft
1335 Doctor Martin Luther King Junior St N, St. Petersburg, FL 33701

This exceptional 6-unit mixed-use property in St. Petersburg’s coveted downtown 33701 zip code offers a rare combination of resilience, location, and income potential. With a prime location steps from Crescent Lake Park, just 1 mile from Central Avenue, and walking distance to Tropicana Field, this property is perfectly positioned to capitalize on the city's vibrant growth. Elevated 40+ feet

Tyler Carpenter CARPENTER REALTY GROUP

1335 Doctor Martin Luther King Junior St N, St. Petersburg, FL 33701

Florida Saint Petersburg Crescent Lake

Why Live in Crescent Lake

Crescent Lake in Saint Petersburg is a waterfront neighborhood featuring a mix of older homes and newer constructions, with properties ranging from cottages to bungalows. Homes here date back to 1910 and can be as recent as the early 2000s, offering a variety of sizes from 1,400 to 2,800 square feet. The neighborhood is known for its charming streets lined with brightly colored homes, spacious front porches, and lush Florida greenery, including palm trees that shade cobblestone sidewalks. Crescent Lake Park is a local highlight, featuring amenities such as the Huggins-Stengel Sports Complex, tennis and pickleball courts, a playground, a dog park, jogging trails, and free yoga sessions. The historic Sunken Gardens nearby offers a glimpse of Florida's flora with over 500 species of tropical plants, waterfalls, and exotic birds. Dining options include Karma Eatery, known for its health-conscious menu, Three Bird’s Tavern with its classic pub fare and local brews, and the Left Bank Bistro, which offers French-inspired sandwiches and seafood. Crescent Lake is less than a mile north of Downtown St. Pete, providing easy access to additional amenities. The neighborhood is safer than the national average, adding to its appeal. Students in the area can attend the highly rated St. Petersburg High School, which offers various academic programs including the International Baccalaureate Diploma Program.

Learn more about living in Crescent Lake

Home Trends in Crescent Lake, FL

Housing Trends

Median Sale Price

$280,000

Median Single Family Sale Price

$338,450

Average Price Per Sq Ft

$241

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.00

Median List Price

$338,450

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Crescent Lake, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Crescent Lake, Saint Petersburg.

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