St. Pete Homes with Canal Front Frontage

St. Pete Homes with Canal Front Frontage

Welcome to St. Pete, a hidden gem nestled in the charming community of Kenneth City, Florida. Located in the heart of Pinellas County, St. Pete offers a unique blend of suburban tranquility and vibrant waterfront living. This picturesque subdivision is known for its stunning canal-front homes that provide residents with breathtaking views and direct access to Florida’s beautiful waterways.

Imagine waking up each morning to the gentle sound of water lapping against your private dock, where you can sip your coffee while watching the sun rise over the serene canals. The homes in St. Pete are designed with comfort and style in mind, featuring spacious layouts, modern amenities, and outdoor living spaces perfect for entertaining or simply enjoying the warm Florida sunshine. Many properties boast private canal frontage, allowing for effortless boating, fishing, or kayaking right from your backyard.

St. Pete is not just about beautiful homes; it’s about a lifestyle. The community is conveniently located near local parks, shopping, dining, and entertainment options, making it easy to enjoy everything Kenneth City has to offer. With its friendly atmosphere and strong sense of community, residents often find themselves forming lasting friendships with their neighbors.

Whether you're looking for a weekend retreat or a permanent residence, St. Pete offers a unique opportunity to embrace the Florida lifestyle. Come explore this enchanting subdivision and discover your dream home with canal-front access today!

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
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