St. Pete Homes with Canal - Saltwater Frontage

Welcome to St. Pete, a hidden gem nestled within the charming city of Kenneth City, Florida, in the heart of Pinellas County. This delightful subdivision offers a unique blend of suburban tranquility and coastal allure, making it an ideal destination for those seeking a vibrant lifestyle with the added charm of waterfront living.

St. Pete is renowned for its picturesque homes with canal access and saltwater frontage, providing residents with the perfect opportunity to embrace the Florida lifestyle. Imagine waking up to the gentle sound of lapping water and enjoying your morning coffee on a sun-drenched patio overlooking the serene canals. Whether you're an avid boater, a fishing enthusiast, or simply someone who appreciates the beauty of nature, these waterfront properties offer direct access to the stunning waterways that define Florida's Gulf Coast.

The community is characterized by its friendly atmosphere, where neighbors become friends, and every day feels like a vacation. St. Pete boasts a variety of beautifully designed homes that cater to diverse tastes and lifestyles, from cozy single-family residences to spacious waterfront estates. Many of these homes feature modern amenities, private docks, and breathtaking views, creating a perfect sanctuary for relaxation and entertainment.

In addition to its stunning homes, St. Pete is conveniently located near local parks, shopping centers, and dining options, ensuring that everything you need is just a stone's throw away. With its idyllic setting and vibrant community spirit, St. Pete is not just a place to live; it’s a lifestyle waiting to be embraced. Come explore the beauty of St. Pete today and discover your own slice of paradise!

Newest St. Pete Homes with Canal - Saltwater Frontage

$975,000

9 Beds ⋅ 6 Baths ⋅ St. Pete SubDv. ⋅ 33709 Zip Code

1031 EXCHANGE SPECIAL, INVESTORS BRING YOUR BEST OFFERS!!! 10% CAP RATE!!! 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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