Quality Service for Quality Clients
5050 74th Street N, SAINT PETERSBURG, FL 33709
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  • MLS#: TB8302468 ( Residential )
  • Street Address: 5050 74th Street N
  • Viewed: 46
  • Price: $975,000
  • Price sqft: $286
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater
  • Year Built: 1980
  • Bldg sqft: 3409
  • Bedrooms: 9
  • Total Baths: 6
  • Full Baths: 6
  • Days On Market: 94
  • Additional Information
  • Geolocation: 27.8179 / -82.7414
  • County: PINELLAS
  • City: SAINT PETERSBURG
  • Zipcode: 33709
  • Subdivision: Distlfpw Sectwnrngmersec 06 Tw
  • Provided by: LPT REALTY
  • Contact: Steven Sallo
  • 877-366-2213
  • DMCA Notice
  • Description
    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 water views!!!! Fully occupied cash generating investment property!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. $1,300 $1,560 $1,500 $950 $1,000 $1,000 total: $7,310 per month $87,720 total income per year expenses: $250 per month for water garbage pickup $94 per month $4,128 annually taxes $6,800 annually insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 net annual profit roughly: $72,689 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 8% cap rate with opportunity to boost to 9 10% cap rate with rent raise and laundry area addition.
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  •   HOA Fees $
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Other
  • Flooring: Tile
  • Living Area: 3409.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Convection Oven, Refrigerator
  • Country: US
  • Interior Features: Other
  • Legal Description: PART OF NW 1/4 OF NW 1/4 OF SEC 6-31-16 DESC FROM SE COR OF NW 1/4 OF NW 1/4 OF SEC TH N00D47'45"E 160.08FT FOR POB TH N89D45'10"W 142.63FT TO E'LY R/W OF JOE'S CREEK TH CUR RT RAD 1198.57FT ARC 101.4FT CB N14D33'35"W 101.37FT TH S89D45'10"E 169.48FT TH S00D47'45"W 98FT TO POB
  • Levels: One
  • Area Major: 33709 - St Pete/Kenneth City
  • Occupant Type: Owner
  • Parcel Number: 06-31-16-00000-220-1700
  • View: Water
  • Views: 46
  • Zoning Code: R-4
Headshot for Associate Frank Filippelli
  1. Frank Filippelli, Broker,CDPE,CRS,REALTOR ®
  2. Southern Realty Ent. Inc.
  3. Quality Service for Quality Clients
  4. Mobile: 407.448.1042
  5. frank4074481042@gmail.com