St. Pete Homes with Canal Front Frontage

Welcome to St. Pete, a charming subdivision nestled in the heart of Kenneth City, Florida, located in the picturesque Pinellas County. This delightful community is a hidden gem, offering a perfect blend of suburban tranquility and convenient access to the vibrant city life of St. Petersburg.

One of the standout features of St. Pete is its stunning homes with canal front frontage. Imagine waking up each morning to the serene views of glistening waters right outside your window. These properties not only provide a scenic backdrop but also offer the unique opportunity for boating, fishing, and enjoying various water activities right from your backyard. With direct access to the canals, residents can easily explore the beautiful waterways that connect to the larger Gulf of Mexico, making it a paradise for water enthusiasts.

The homes in St. Pete are designed with comfort and style in mind, featuring spacious layouts, modern amenities, and lush landscaping that enhances the natural beauty of the area. Whether you’re looking for a cozy retreat or a family-friendly abode, this subdivision has a variety of options to suit your needs.

In addition to the stunning homes and waterways, St. Pete’s location is unbeatable. Residents enjoy proximity to local parks, shopping centers, and dining options, ensuring that everything you need is just a short drive away. With its friendly community atmosphere and picturesque surroundings, St. Pete is not just a place to live; it’s a lifestyle waiting to be embraced. Come discover the charm of canal front living in this enchanting subdivision!

Newest St. Pete Homes with Canal Front 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

Start Your Search