St. Pete Homes with Boatable Water Water Frontage

St. Pete Homes with Boatable Water Water Frontage

Welcome to St. Pete, a hidden gem nestled in the heart of Kenneth City, Florida, located in picturesque Pinellas County. This charming subdivision is a haven for those who appreciate the beauty of waterfront living and the allure of a vibrant community. With its proximity to the stunning Gulf Coast and a plethora of recreational activities, St. Pete offers an idyllic lifestyle for families, retirees, and everyone in between.

One of the standout features of St. Pete is its homes with boatable water frontage. Imagine waking up each day to the gentle lapping of waves and the serene views of sparkling waters right outside your window. Whether you’re an avid boater, a fishing enthusiast, or simply someone who enjoys the tranquility of waterfront living, these properties provide direct access to the water, allowing you to indulge in all your aquatic adventures.

The community is not just about the homes; it’s about the lifestyle. Residents of St. Pete enjoy a friendly atmosphere, with nearby parks, walking trails, and local shops that foster a sense of belonging. Plus, being just a short drive from the vibrant city of St. Petersburg means you can easily access fine dining, cultural attractions, and pristine beaches.

In St. Pete, you’re not just buying a home; you’re investing in a lifestyle where the beauty of nature and the warmth of community come together. Discover your dream waterfront property in St. Pete today, and start making memories that will last a lifetime!

Newest St. Pete Homes with Boatable Water Water Frontage

5050 74th Street N Unit 1, St Petersburg
$975,000
9 Beds ⋅ 6 Baths ⋅ St. Pete SubDv. ⋅ 33709 Zip Code
1031 EXCHANGE SPECIAL, INVESTORS BRING YOUR BEST OFFERS!!! FOUNDATION REPAIRS COMPLETED!!! RECENTLY REMODELED!!!! ADDITIONAL WATERFRONT LOT INCLUDED!!! ZERO DAMAGE FROM EITHER HURRICANE!!! PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH 135Ft OF WATER FRONTAGE!!!! Fully occupied cash generating investment property and all tenants are on MONTH TO MONTH AGREEMENTS!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. CURRENT RENTS ARE AS FOLLOWS: $1,800, $1,800, $1,800, $1,200, $1,200 $1,150 Total: $8,950 per month and $107,400 total income per year!!! Expenses: $250 per month for water garbage pickup $94 per month, $4,128 annually. Taxes $6,800 annually and Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $92,368!!! Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air. 10% cap rate with opportunity to boost to 12-15% cap rate with rent raise and laundry area addition!!!

5050 74th Street N Unit 1, St Petersburg
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