St. Pete Homes with True Waterfront Description

St. Pete Homes with True Waterfront Description

Welcome to St. Pete, a hidden gem nestled in the heart of Kenneth City, Florida, within the picturesque Pinellas County. This charming subdivision offers a serene waterfront lifestyle that combines the best of both worlds: the tranquility of nature and the vibrancy of urban living.

St. Pete is renowned for its stunning homes with true waterfront access, where residents can enjoy breathtaking views of shimmering waters right from their backyards. Imagine waking up to the gentle sound of waves lapping against the shore, with the sun casting a golden glow over the serene landscape. These homes are not just properties; they are gateways to a lifestyle filled with outdoor adventures, from kayaking and paddleboarding to fishing and sunset cruises.

The community of St. Pete prides itself on its friendly atmosphere and strong sense of belonging. Neighbors become friends, and families thrive in an environment that promotes both relaxation and recreation. With nearby parks, walking trails, and community events, there’s always something to engage in, fostering connections among residents.

Conveniently located, St. Pete provides easy access to the vibrant culture of St. Petersburg and the stunning beaches of the Gulf Coast. Whether you’re looking for a cozy retreat or a spacious family home, St. Pete offers a variety of beautiful waterfront properties that cater to every lifestyle.

Come discover the charm of St. Pete, where your dream waterfront home awaits, and experience the perfect blend of relaxation and adventure in this idyllic Florida community.

Newest St. Pete Homes with True Waterfront Description

$975,000
9 Beds ⋅ 6 Baths ⋅ TB8303107 MLS
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, Kenneth City
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