5050 74th Street N, SAINT PETERSBURG, FL 33709
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Priced at Only: $975,000
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Address: 5050 74th Street N, SAINT PETERSBURG, FL 33709
Property Location and Similar Properties
- MLS#: TB8302468 ( Residential )
- Street Address: 5050 74th Street N
- Viewed: 7
- 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: 101
- 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
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DescriptionZero 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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- Property Tax $
- Home Insurance $
- 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
- Zoning Code: R-4
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- Samantha Archer, Broker
- Tropic Shores Realty
- Mobile: 727.534.9276
- samanthaarcherbroker@gmail.com