St. Pete Homes with Boatable Water Water Frontage

St. Pete Homes with Boatable Water Water Frontage

Welcome to St. Pete, a charming subdivision nestled in the heart of Kenneth City, Florida, within the picturesque Pinellas County. This vibrant community offers a unique blend of suburban tranquility and access to the stunning waterways that define the Sunshine State. If you’ve ever dreamed of living in a home with boatable water frontage, St. Pete is the perfect place to anchor your dreams.

Imagine waking up to the gentle lapping of waves and the soothing sounds of nature just outside your window. In St. Pete, you can indulge in a waterfront lifestyle that allows for boating, fishing, and leisurely afternoons spent on the water. The homes here are designed to embrace the beauty of their surroundings, featuring spacious layouts, modern amenities, and stunning views that make every day feel like a vacation.

The community is not just about beautiful homes; it’s also about connection. St. Pete fosters a friendly atmosphere where neighbors become friends and families thrive. With nearby parks, recreational facilities, and a variety of dining and shopping options, residents enjoy a balanced lifestyle that caters to all ages.

Whether you’re a seasoned boater or simply someone who appreciates the serenity of waterfront living, St. Pete offers a unique opportunity to enjoy Florida’s natural beauty right at your doorstep. Come discover the charm of Kenneth City and find your dream home in this idyllic subdivision, where the water is always calling!

Newest St. Pete Homes with Boatable Water Water 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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