St. Pete Homes with Boatable Water Water Frontage

Welcome to St. Pete, a charming subdivision nestled within the vibrant city of Kenneth City, Florida, in the heart of picturesque Pinellas County. This serene community offers a perfect blend of suburban tranquility and easy access to the bustling attractions of St. Petersburg and the stunning Gulf Coast.

One of the most alluring features of St. Pete is its homes with boatable water frontage, making it a paradise for water enthusiasts and nature lovers alike. Imagine waking up to the gentle sounds of water lapping against your private dock, with the option to hop on your boat and explore the beautiful waterways at your leisure. Whether you’re fishing, kayaking, or simply enjoying a sunset cruise, living in St. Pete allows you to embrace an active, outdoor lifestyle right from your backyard.

The homes in this subdivision are not only designed for comfort and style but also provide a unique opportunity to immerse yourself in the natural beauty of Florida’s waterfront living. With a variety of architectural styles and layouts, you can find the perfect home that suits your needs, whether you’re a growing family, a retiree seeking peace, or a young professional looking for adventure.

St. Pete is more than just a place to live; it’s a community that fosters connection and camaraderie among neighbors. With its friendly atmosphere, local parks, and proximity to shopping and dining, you’ll find everything you need just a stone's throw away. Discover the charm of St. Pete and make this waterfront haven your new home today!

Newest St. Pete Homes with Boatable Water Water 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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