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 vibrant Pinellas County. This charming subdivision offers an inviting mix of suburban tranquility and urban convenience, making it an ideal place for families, retirees, and everyone in between.

One of the standout features of St. Pete is its unique community of homes with no deed restrictions. This means you have the freedom to truly make your property your own, whether you envision a flourishing garden, a custom-built shed, or a relaxing outdoor space tailored to your lifestyle. The flexibility of this community allows residents to express their individuality while fostering a sense of camaraderie among neighbors.

St. Pete is not just about the homes; it’s about the lifestyle. The subdivision is conveniently located near shopping, dining, and recreational opportunities. Enjoy a leisurely stroll through the nearby parks or take a short drive to the beautiful Gulf Coast beaches, where you can bask in the sun or partake in various water activities.

Families will appreciate the proximity to reputable schools, while retirees will find a welcoming community that offers peaceful surroundings and engaging social activities. With its rich blend of charm and accessibility, St. Pete in Kenneth City is more than just a place to live; it’s a place to thrive.

Explore the possibilities that await you in St. Pete, where your dream home and lifestyle await!

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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