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 suburban tranquility and coastal allure, making it an ideal place for families, retirees, and anyone seeking a serene lifestyle just moments away from the bustling city of St. Petersburg.

One of the standout features of St. Pete is its stunning homes with canal front frontage. Imagine waking up each morning to the gentle lapping of water and the soothing sounds of nature just outside your window. These properties provide not only breathtaking views but also direct access to the serene canals, perfect for kayaking, fishing, or simply enjoying a peaceful afternoon by the water.

The homes in St. Pete are designed with comfort and style in mind, featuring spacious layouts, modern amenities, and beautifully landscaped yards. Many properties boast private docks, allowing you to indulge in waterfront living at its finest. Whether you’re entertaining friends on your patio or sipping coffee as the sun rises over the water, life in St. Pete is all about embracing the beauty of nature.

In addition to its picturesque homes, St. Pete is conveniently located near shopping, dining, and recreational activities. With easy access to the stunning beaches of the Gulf Coast and the cultural offerings of St. Petersburg, residents can enjoy the best of both worlds.

Discover the charm of St. Pete today, where your dream waterfront lifestyle awaits!

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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