St Petersburg, FL 33709,5050 74TH ST N #1
St Petersburg, FL 33709,5050 74TH ST N #1
St Petersburg, FL 33709,5050 74TH ST N #1
St Petersburg, FL 33709,5050 74TH ST N #1
St Petersburg, FL 33709,5050 74TH ST N #1
St Petersburg, FL 33709,5050 74TH ST N #1
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Victoria Ben

Victoria Ben

+1(407) 502-2002
$ 975,000
Est. payment | /mo

9 Beds

6 Baths

3,409 SqFt

Save Virtual Tour
$ 975,000
Est. payment | /mo
Save Virtual Tour

9 Beds

6 Baths

3,409 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,409 sqft

Price per Sqft $286

Subdivision St. Pete

MLS Listing ID TB8303107

Bedrooms 9

HOA Y/N No

Year Built 1980

Annual Tax Amount $6,836

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 98x156

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

1031 EXCHANGE SPECIAL, INVESTORS BRING YOUR BEST OFFERS!!! 10% CAP RATE!!! FOUNDATION REPAIRS COMPLETED!!! 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!!!

Location

State FL

County Pinellas

Community St. Pete

Area 33709 - St Pete/Kenneth City

Zoning R-4

Direction N

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Fireplace false

Laundry None

Exterior

Exterior Feature Lighting, Sidewalk

Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected

Waterfront Description Canal - Saltwater,Canal Front

View Y/N Yes

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Block

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, Owner Financing, VA Loan

Listing Terms Cash, Conventional, FHA, Owner Financing, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8303107

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Steven Sallo LPT REALTY
Schools and Properties Nearby
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Orange Grove Elementary

    Public | KG - 5

  • 8

    Starkey Elementary

    Public | PK - 5

  • 5

    Skyview Elementary

    Public | PK - 5

  • 4

    Mount Vernon Elementary

    Public | PK - 5

  • 4

    Azalea Elementary

    Public | PK - 5

  • 4

    Westgate Elementary

    Public | KG - 5

  • 4

    Marjorie Kinnan Rawlings Elementary

    Public | PK - 5

  • 4

    Bardmoor Elementary

    Public | PK - 5

  • 3

    Northwest Elementary

    Public | PK - 5

  • 3

    Seventy - Fourth St. Elementary

    Public | PK - 5

  • 3

    Blanton Elementary

    Public | PK - 5

  • 1

    Nina Harris Ese Center

    Public | PK - 12

  • 1

    Pinellas Park Elementary

    Public | PK - 5

  • 0

    St Jude Cathedral School

    Private | PK - 8

  • 0

    Admiral Farragut Academy

    Private | PK - 12

  • 0

    Community Christian School of Five Oaks

    Private | KG - 12

  • 0

    Plato Academy of St.Petersburg

    Public | KG - 8

  • 0

    Keswick Christian School

    Private | PK - 12

  • 0

    American Montessori Academy

    Private | PK - 6

  • 0

    Northside Christian School

    Private | PK - 12

Middle Schools 6
  • 5

    Osceola Middle School

    Public | 6 - 8

  • 4

    Tyrone Middle School

    Public | 6 - 8

  • 4

    Pinellas Park Middle School

    Public | 6 - 8

  • 1

    Azalea Middle School

    Public | 6 - 8

  • 0

    Pace Center for Girls

    Public | 6 - 12

  • 0

    Pinellas Secondary School

    Public | 6 - 12

High Schools 4
  • 9

    St. Petersburg Collegiate High School

    Public | 9 - 12

  • 7

    Osceola Fundamental High School

    Public | 9 - 12

  • 3

    Dixie Hollins High School

    Public | 9 - 12

  • 0

    St Petersburg Catholic High School

    Private | 9 - 12

School and business data provided by Attom Data.
Victoria Ben

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5050 74TH ST N #1