St. Pete Homes with Canal - Saltwater Frontage

Welcome to St. Pete, a charming subdivision nestled in the heart of Kenneth City, Florida, within the picturesque Pinellas County. This delightful community is perfect for those seeking a blend of tranquility and vibrant coastal living. St. Pete is renowned for its stunning homes that boast breathtaking canal and saltwater frontage, making it a haven for water enthusiasts and nature lovers alike.

Imagine waking up each morning to the soothing sounds of lapping waves and the gentle rustle of palm trees. The homes in St. Pete are designed to embrace the beauty of their surroundings, featuring spacious layouts, modern amenities, and picturesque views that invite you to unwind and relax. Many residences come equipped with private docks, providing direct access to the sparkling waters of the Gulf of Mexico, ideal for boating, fishing, or simply enjoying a sunset cruise.

The community also offers a welcoming atmosphere, with friendly neighbors and a variety of local amenities just a stone's throw away. Explore nearby parks, quaint shops, and delightful dining options that reflect the vibrant culture of the area. Whether you're looking for a peaceful retreat or an active lifestyle, St. Pete has something for everyone.

With its prime location, stunning waterfront properties, and a sense of community that feels like home, St. Pete in Kenneth City is the perfect place to create lasting memories. Discover your dream home today and embrace the enchanting lifestyle that awaits you in this beautiful Florida subdivision!

Newest St. Pete Homes with Canal - Saltwater 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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