St. Pete Homes with Canal Front Frontage

St. Pete Homes with Canal Front Frontage

Welcome to St. Pete, a hidden gem nestled in the heart of Kenneth City, Florida, within the vibrant Pinellas County. This charming subdivision offers a unique blend of tranquility and convenience, making it the perfect place to call home. St. Pete is renowned for its picturesque canal front properties, providing residents with stunning water views and direct access to serene waterways, ideal for boating, fishing, or simply enjoying the soothing sounds of nature.

Homes in St. Pete are designed with comfort and style in mind, featuring spacious layouts, modern amenities, and beautifully landscaped yards. With canal front frontage, these residences not only offer breathtaking vistas but also a lifestyle that embraces outdoor living. Imagine sipping your morning coffee on a sun-drenched patio, watching the boats glide by, or hosting sunset gatherings with friends and family against a backdrop of shimmering waters.

The community is conveniently located near local shops, restaurants, and recreational facilities, ensuring that everything you need is just a stone's throw away. Whether you’re seeking a peaceful retreat or an active lifestyle, St. Pete has something for everyone. The friendly atmosphere and tight-knit community make it easy to forge lasting connections with your neighbors.

Discover the allure of canal front living in St. Pete—a place where every day feels like a vacation. Embrace the Florida lifestyle and explore the available homes that await you in this idyllic subdivision. Your dream home is just around the corner!

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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