St. Pete Homes with Canal Front Frontage

Welcome to St. Pete, a picturesque subdivision nestled in the heart of Kenneth City, Florida, within the vibrant Pinellas County. This charming community is not just a place to live; it's a lifestyle enriched by the beauty of nature and the allure of waterfront living.

St. Pete is renowned for its stunning homes with canal front frontage, offering residents a unique opportunity to embrace a tranquil aquatic lifestyle. Imagine waking up to the gentle sounds of water lapping against your dock, with the sun casting golden hues across the canal as it rises. These homes provide direct access to the serene waterways, perfect for fishing, kayaking, or simply enjoying a peaceful afternoon by the water.

The subdivision boasts a friendly, welcoming atmosphere, making it an ideal place for families, retirees, and everyone in between. With lush landscaping, well-maintained streets, and a sense of community spirit, St. Pete is a hidden gem that offers the perfect balance of relaxation and recreation.

Located just a short drive from the bustling beaches of St. Petersburg and the vibrant cultural scene of the surrounding area, residents of St. Pete enjoy the best of both worlds. Whether you’re looking to explore local parks, indulge in waterfront dining, or soak up the sun on pristine beaches, this community has it all.

Discover the charm of St. Pete, where your dream home by the canal awaits. Experience the joy of waterfront living in a community that feels like home. Come and see why so many choose to call St. Pete their sanctuary!

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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