St. Pete Homes with No Deed Restriction Community Extras

St. Pete Homes with No Deed Restriction Community Extras

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 unique blend of tranquility and accessibility, making it an ideal spot for families, retirees, and anyone in search of a vibrant community.

One of the standout features of St. Pete is its welcoming atmosphere, complemented by homes that come with no deed restrictions. This means that homeowners enjoy the freedom to personalize their properties to reflect their unique tastes and lifestyles. Whether you envision a flourishing garden, a backyard oasis, or the perfect space for your RV, the possibilities are endless in this flexible community.

St. Pete's location is another highlight, providing easy access to the stunning beaches of the Gulf Coast, as well as the bustling cultural scene of nearby St. Petersburg. Residents can enjoy a variety of recreational activities, from kayaking and fishing to exploring local parks and nature trails. The area is also home to a diverse array of dining, shopping, and entertainment options, ensuring that there's always something to do.

In addition to its beautiful homes and prime location, St. Pete is known for its friendly neighbors and a strong sense of community. Regular events and gatherings foster connections among residents, making it easy to meet new friends and create lasting memories.

If you're looking for a place that offers both freedom and community spirit, St. Pete in Kenneth City is the perfect choice. Come discover your new home today!

Newest St. Pete Homes with No Deed Restriction Community Extras

$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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