St. Pete Homes with Canal Front Frontage

St. Pete Homes with Canal Front Frontage

Welcome to St. Pete, a charming subdivision nestled in the heart of Kenneth City, Florida, within the picturesque Pinellas County. This hidden gem offers a delightful blend of suburban tranquility and vibrant coastal living, making it an ideal destination for families, retirees, and everyone in between.

One of the standout features of St. Pete is its stunning homes with canal front frontage. Imagine waking up to the gentle sound of water lapping against the dock, with breathtaking views right from your backyard. These properties not only provide direct access to serene waterways but also offer a unique lifestyle that embraces outdoor adventures. Whether you enjoy kayaking, fishing, or simply relaxing by the water, living on the canal opens up a world of possibilities.

The homes in St. Pete are designed with comfort and style in mind, showcasing modern amenities and spacious layouts that cater to today’s lifestyle. Many residences feature expansive outdoor spaces, perfect for entertaining or unwinding after a long day. The community is well-maintained, with lush landscaping and a friendly atmosphere that fosters a sense of belonging.

Location is key, and St. Pete doesn't disappoint. Just a short drive away, you'll find the vibrant city of St. Petersburg, known for its art scene, dining, and stunning beaches. Plus, with easy access to major highways, commuting to nearby cities is a breeze.

In St. Pete, you’re not just buying a home; you’re investing in a lifestyle filled with sunshine, water, and community spirit. Come explore the beauty of canal front living and discover why this subdivision is the perfect place to call home!

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!!! 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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