#TB8388821, Paul Hendriks, Listing office: REALTY ONE GROUP SUNSHINE
$389,500 List price
516 Northmoor Ave N Saint Petersburg, FL 33702
5 beds
3 baths
1,676 sqft
0.1 acres
$232 / sqft
Multi-Family
Property details
About 516 Northmoor Ave N
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!
Highlights
Home typeDuplex
HeatingElectric
StatusSale Pending
(Pending)
(Pending)
CoolingCentral Air, Wall/Window Unit(s)
Size1,676 sqft
Lot size0.15 Acres
Year built1967
MLS #TB8397028
Summary
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Flooring Type: Ceramic Tile, Laminate
- Interior: Ceiling Fans(s)
- Total Bedroom Count: 5
- Private Pool: No
- Exterior: Awning(s), Shade Shutter(s)
- Heating: Electric
- Cooling: Central Air, Wall/Window Unit(s)
- List Price: $389,500
- Price/SqFt: $232
- HOA Amount: $0
- Annual Tax Amount: $932
- Tax Year: 2023
- Directions: Take 4th St to Northmoor Ave and head West, and the house is down on the left. Northmoor is one block south of 70th Ave N.
- Year Built: 1967
- Living Area: 1,676 SqFt
- Lot Size: 0.15 Acres
- MLS Number: TB8397028
- MLS Name: MFRMLS
- Office Name: INSTA REAL ESTATE SOLUTIONS
- Office Phone: (813) 586-0654
- Listing Agent: Michael Schultz
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 11:49:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $89,470 | $932 |
| 2022 | $86,864 | $887 |
| 2021 | $84,334 | $887 |
| 2020 | $83,170 | $879 |
| 2019 | $81,300 | $839 |
| 2018 | $79,784 | $814 |
| 2017 | $78,143 | $794 |
History based on county public records data.
Nearby schools
5
Lynch Elementary
Public District PK-5
1.1 mi
•1901 71st Ave N
5
John M. Sexton Elementary
Public District PK-5
1.3 mi
•1997 54th Ave N
5
Sawgrass Lake Elementary
Public District PK-5
1.4 mi
•1815 77th Ave N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,753. Residents of Saint Petersburg, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
25%
<35k
64%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
7%
Single, with Kids
29%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
17%
18-34 yrs old
51%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Horse Races
Figure Skating
Where do the neighbors shop?
Sam's Club
Stein Mart
Chico's
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Bob Evans
What do the neighbors drive?
Oldsmobile
Buick
Chevrolet
What do the neighbors listen to?
Rock
Contemporary Inspirational
News
All data provided by Home Junction and Claritas
Similar homes for sale
#TB8394965, Chase Walseth, Listing office: KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
Tour
#TB8377420, Ted Tomas, Listing office: COLDWELL BANKER REALTY
Frequently asked questions
About 516 Northmoor Ave N
The listing price of 516 Northmoor Ave N property is $389,500.
The property 516 Northmoor Ave N is a multi located in Saint Petersburg, Florida, 33702.
Sale Pending: 516 Northmoor Ave N is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 516 Northmoor Ave N are: Lynch Elementary (GreatSchools Rating 5/10), John M. Sexton Elementary (GreatSchools Rating 5/10), Sawgrass Lake Elementary (GreatSchools Rating 5/10), Meadowlawn Middle School (GreatSchools Rating 3/10), Plato Academy Pinellas Park Charter School (GreatSchools Rating 4/10), John Hopkins Middle School (GreatSchools Rating 4/10), Northeast High School (GreatSchools Rating 4/10), Lealman Innovation Academy (GreatSchools Rating 1/10), St. Petersburg High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $932 (source: MLS/based on county public records data).
The property 516 Northmoor Ave N is 1,676 SqFt (source: MLS/tax record).
The year of construction for 516 Northmoor Ave N is 1967.
This home is located at 516 Northmoor Ave N in Saint Petersburg, FL and zip code 33702 in the Fossil Park neighborhood. This 1,676 square foot home, which was built in 1967, sits on a 0.15 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 15, 2025 and is currently priced at $389,500.
While more than 41 listings in Saint Petersburg, FL in June 2025 were sold above asking price, there were more than 65 listings sold at asking price, and more than 264 were sold below. Between May and June 2025, Saint Petersburg, FL real estate market has seen decrease in the number of listings by 0.3%. The median list price of listings available in June 2025 was $430,570, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.