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Julia Vakulenko - Broker -

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516 NORTHMOOR AVE N, ST PETERSBURG, 33702



Property highlights

  • MLS#: TB8396685
  • 6,382.00 lot size Sq.Ft.
  • Year built: 1967
  • Floor: 1
  • Carport spaces: 1

Property Overview

Live in One, Rent the Other – Income Potential with In-Law Suite & New Roof!

This unique St. Petersburg property offers versatility, functionality, and excellent rental income potential! The main home features 2 bedrooms and 1 bathroom, plus a fully enclosed porch that can be used as a 3rd bedroom, home office, or bonus living area—perfect for a growing family or roommates.

In 2000, a permitted attached in-law suite was added, offering 2 bedrooms, 1.5 bathrooms, a private kitchen, and a separate entrance accessible from the alley. With an electric gate, this private entrance leads to a tall covered carport ideal for large vehicles, a small RV, or a boat—rare to find in the city! The suite is ideal for guests, extended family, or as a fully private rental.

Other highlights include:

Brand new roof (2025) – a major upgrade you won’t have to worry about for years

Two backyard storage sheds – great for tools, bikes, or seasonal items

Spacious backyard with potential for garden, pets, or entertaining

Split layout is ideal for multi-generational living or rental flexibility

Whether you’re an investor, homeowner, or both, this property offers the best of both worlds. Live in one side and rent the other to help offset your mortgage—or rent both for maximum return.

Rental Estimates:

2BR/1BA units in 33702 average $1,800–$1,900/month

Use the enclosed porch as a 3rd bedroom, and rental value may increase to $2,300–$2,600/month

This is your chance to own a property with built-in flexibility, strong income potential, and long-term value. Conveniently located near parks, schools, shopping, and quick access to major routes.

Don't miss out—schedule your private showing today!

Driving directions : Take I-275 S to 54th Ave and head East. Go to 9th St. N and head North. Take a Right(east) on 62nd Ave and take your 1st left on Northmoor Ave. The property is down 6 blocks on your right.

Property Features

Rooms Dimension Description
Primary Bedroom 12x10 First level , Luxury Vinyl
Bedroom 2 10.5x10 First level , Marble
Bedroom 3 10x11 Upper level , Engineered Hardwood
Bedroom 4 10x10 Upper level , Engineered Hardwood
Bathroom 1 10x10 First level , Ceramic Tile
Living Room 16x12 First level , Luxury Vinyl
Kitchen 16x12 First level , Luxury Vinyl

Interior Features

  • Ceiling Fans(s)

Appliances

  • Dishwasher
  • Electric Water Heater
  • Microwave
  • Range
  • Refrigerator

Heating

  • Electric

Laundry features

  • Inside

Air Conditioning

  • Central Air
  • Wall/Window Unit(s)

Floor Covering

  • Ceramic Tile
  • Laminate

Utilities

  • Cable Connected
  • Electricity Connected
  • Public
  • Sewer Connected
  • Water Connected

Exterior features

  • Awning(s)
  • Shade Shutter(s)

Construction Materials

  • Concrete

Other Structures

  • Shed(s)

Road Surface Type

  • Asphalt

Roof

  • Shingle

Foundation

  • Slab

Listing information courtesy of INSTA REAL ESTATE SOLUTIONS

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Listing data comes from My Florida Regional MLS.