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 coastal allure, making it the perfect place for those who appreciate both a peaceful lifestyle and the excitement of waterfront living.

St. Pete is renowned for its stunning homes with boatable water frontage, providing residents with direct access to the beautiful waterways that define Florida's Gulf Coast. Imagine stepping out of your back door onto your private dock, ready to embark on a leisurely afternoon of boating, fishing, or simply soaking up the sun. Whether you're an avid sailor or prefer a quiet kayak ride, the aquatic adventures are endless in this idyllic setting.

The homes in St. Pete are designed to enhance the waterfront experience, featuring spacious layouts, modern amenities, and breathtaking views of the shimmering waters. Many properties boast expansive outdoor living spaces, perfect for entertaining friends and family or enjoying serene sunsets over the water.

In addition to its stunning properties, St. Pete offers a welcoming community atmosphere with easy access to local parks, shopping, and dining options. With its prime location, residents can enjoy the best of both worlds—peaceful suburban living and the vibrant culture of nearby St. Petersburg and the beautiful Gulf beaches.

Discover the charm and allure of St. Pete, where your dream of waterfront living can become a reality! Embrace the lifestyle you’ve always wanted in this captivating subdivision, where every day feels like a vacation.

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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