St. Pete Homes with No Deed Restriction Community Extras

Welcome to the charming community of St. Pete, nestled in the heart of Kenneth City, Florida, within the vibrant Pinellas County. This delightful subdivision offers a unique blend of comfort, convenience, and a relaxed lifestyle, making it an ideal choice for families, retirees, and anyone seeking a welcoming neighborhood.

One of the standout features of St. Pete is its homes with no deed restrictions, providing residents with the freedom to personalize their properties without the constraints often found in other communities. This flexibility allows homeowners to express their creativity, whether it’s through landscaping, renovations, or even the option to park their recreational vehicles at home.

St. Pete is not just about the homes; it’s about the lifestyle. The community boasts a variety of amenities and extras that enhance the living experience. Enjoy leisurely afternoons at nearby parks, where you can take a stroll, have a picnic, or let the kids play in the open spaces. The proximity to local shopping, dining, and entertainment options means you’ll never have to venture far for your daily needs.

The location is also a gateway to the stunning Gulf Coast beaches, making spontaneous beach days a breeze. With a strong sense of community and a welcoming atmosphere, St. Pete is more than just a place to live; it’s a place to thrive. Discover your dream home in this delightful subdivision and experience the perfect blend of freedom and community charm in Kenneth City!

Newest St. Pete Homes with No Deed Restriction Community Extras

$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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