St. Pete Homes with No Deed Restriction Community Extras

Welcome to St. Pete, a delightful subdivision nestled in the heart of Kenneth City, Florida, within the vibrant Pinellas County. This charming community offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and everyone in between.

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 neighborhoods. Here, you can truly make your home your own, whether that means adding a pool, starting a garden, or simply enjoying your space as you see fit. This flexibility is a significant draw for those looking to invest in a property that allows for personal expression and creativity.

St. Pete is not just about the homes; it’s about the lifestyle. Residents enjoy easy access to nearby parks, shopping centers, and a variety of dining options that cater to every palate. The community is also conveniently located just a short drive from the stunning beaches of the Gulf Coast, where you can soak up the sun or enjoy water sports.

With its friendly atmosphere and welcoming neighbors, St. Pete fosters a strong sense of community. Whether you’re taking a leisurely stroll through the tree-lined streets or engaging in local events, you’ll feel right at home in this inviting subdivision. Discover the charm of St. Pete, where your dream home awaits amidst a vibrant community in the heart of Florida!

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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