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Active - House for sale

5029 12TH AVENUE N, St Petersburg, FL

2 bds|1 bth + 1 half|880 sqft

Facts & features

House Property type
9 days on Beycome
1959 Year built
$313 Price/Sqft.
1 car garage Parking
6,351 sqft Lot size

Why you’ll love it

PRIME REDEVELOPMENT OPPORTUNITY IN ST. PETERSBURG! Attention builders, investors, and future homeowners looking to bring their vision to life! Situated on an approximately 50' x 127' lot with rear alley access, this property presents an excellent opportunity for new construction in an established and evolving St. Petersburg neighborhood. With newer homes already constructed along the same street and throughout the surrounding area, the location offers compelling redevelopment potential. Located in a non-flood zone, with flood insurance generally not required by mortgage lenders, this property offers an additional advantage for future development. Rear alley access provides added flexibility for potential parking and garage configurations, subject to city approval. Conveniently located near vibrant downtown St. Petersburg, Gulf beaches, shopping, dining, parks, and major commuter routes, this location combines neighborhood charm with everyday accessibility. The existing home is in significant disrepair and is being sold AS-IS, with the primary value in the land. Whether you're a builder seeking your next project or a buyer looking to create a custom home, this is an opportunity to invest in an area experiencing continued redevelopment. Buyers are responsible for independently verifying zoning, setbacks, permitted uses, and redevelopment feasibility with the City of St. Petersburg.

Translating description...

Listings courtesy of THE TENPENNY COLLECTION as distributed by MLS GRID.

Listed by: Allison Mawhinney • Allison@TenpennyRE.com • THE TENPENNY COLLECTION

Co-listed by: THE TENPENNY COLLECTION

Source: Stellar MLS as distributed by MLS GRID, MLS#: TB8565823 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$180,000$370,000
1%20%
0%90%
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Estimated monthly payment

$1,565/mo

  • Mortgage$1,391
  • Property tax$175
  • HOA fee
  • Homeowners insurance
Due at closing$218,625
Down payment held in escrow$55,000
Closing costs$4,125
beycome credit Est.$5,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Woodlawn Sub

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. 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.

$275,000 Listed price

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$5,500 Credit back

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