5136 68TH STREET N ST PETERSBURG, FL 33709
$850,000
10 Beds
4 Baths
4198 sqft
MLS#
TB8541028
Type
Single Family Residence
Status
Active Listing
Square Footage
4,198
Bedrooms
10
Bathrooms
4 full
Year Built
1975
Tax Amount
$10,919
Property Description
RARE 3-UNIT INVESTMENT OPPORTUNITY IN PINELLAS COUNTY | 4,198 SF | 10 BEDROOMS | $77,520 PROJECTED GROSS ANNUAL RENT | 2 UNITS DELIVERED VACANT. This updated triplex in unincorporated Pinellas County offers an unusually high bedroom count across three separate residences: a 5BR/2BA, 3BR/1BA and 2BR/1BA, totaling approximately 4,198 square feet. The unit mix offers flexibility for traditional long-term rentals, furnished or mid-term rentals, owner occupancy or a blended investment strategy. The 5BR/2BA unit is currently leased at $2,860 per month. The 3BR/1BA and 2BR/1BA units will be delivered vacant at closing, with estimated market rents of approximately $1,900 and $1,700 per month, respectively. This allows the buyer to select tenants, establish lease terms or occupy one of the units. At the projected rents, the property could generate $6,460 per month or $77,520 annually in gross rental income. Property improvements include impact windows, updated kitchens and bathrooms, updated flooring and interior finishes, mini-split systems, and newer HVAC and ductwork in Unit C. Located near 54th Avenue N and 68th Street N, with convenient access to shopping, dining, public transportation, downtown St. Petersburg, the Gulf beaches and Tampa. Rental projections are estimates; buyers should independently verify rental income and requirements for their intended use.
Cooling:Central Air, Mini-Split Unit(s)
Balcony
Sidewalk
Sliding Doors
Ceiling Fan(s)
Primary Bedroom Main Floor
PrimaryBedroom Upstairs
Solid Wood Cabinets
Stone Counters
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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