516 Northmoor Avenue NSt Petersburg, FL 33702Sale Price: $390,000

  • Sale Price: $390,000
  • 261 Days Since Sale
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Federal 30-year interest rate: 6.5300000000000000000000000000000000000000% last updated on May 28, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $390,000Sale Price
  • 5Bedrooms
  • 1,676Square Feet

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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!

Property Details of 516 Northmoor Avenue N

Property Details

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Est. Mortgage:
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Federal 30-year interest rate: 6.5300000000000000000000000000000000000000% last updated on May 28, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Michael Schultz of INSTA REAL ESTATE SOLUTIONS (813-586-0654)

Listing Sold by KELLER WILLIAMS ON THE WATER

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 30, 2026 12:07 PM EDT. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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