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5050 74TH STREET N
SAINT PETERSBURG FL 33709 US

$975,000

Active Listing ID TB8302468
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9 bed
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6.00 Bath (6 Full)
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Lot: 0.36 Acres
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Single Family Residence

$975,000

Active Listing ID TB8302468
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5050 74TH STREET N 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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Property Features

  • Facts
  • Lot Size: 0.36 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 6
  • Exterior Finish: Lighting
  • Floor Covering: Tile
  • Roof Type: Shingle
  • Heating Fuels: Central Furnace
  • Additional Features
  • Waterfront

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 975000
  • unparsedaddress: 5050 74TH STREET N
  • postalcity: SAINT PETERSBURG
  • stateorprovince: FL
  • country: US
  • postalcode: 33709
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.36
  • lotsizeunits: Acres
  • lotsizearea: 0.36
  • livingarea: 3409
  • livingareaunits: Square Feet
  • latitude: 27.817884
  • longitude: -82.741431
  • listagentfullname: Steven Sallo
  • listagentemail: Deetsrealty@gmail.com
  • listagentkey: 3yd-MFRMLSFL-260053540
  • listagentmlsid: 260053540
  • listagentpreferredphone: 7272602142
  • listagentofficephone: 8773662213
  • listofficekey: 3yd-MFRMLSFL-261016803
  • listagentstatelicense: 3550258
  • listofficemlsid: 261016803
  • disclaimer: Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1980
  • listingcontractdate: 2024-09-10
  • listagenturl: https://www.lpt.com/
  • countyorparish: Pinellas
  • parcelnumber: 06-31-16-00000-220-1700
  • appliances: Oven - Convection, Refrigerator
  • constructionmaterials: Stucco
  • flooring: Tile
  • heating: Central Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: True
  • exteriorfeatures: Lighting
  • waterfrontfeatures: Canal - Saltwater, Waterfront
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.74143, 27.817884
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"LPT Realty, LLC.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Deetsrealty@gmail.com", "ListBrokerageCity":"Lake Mary", "ListBrokerageCountry":"US", "ListBrokerageEmail":"boards@lpt.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"LPT Realty, LLC.", "ListBrokeragePhone":"(877) 366-2213", "ListBrokeragePostalCode":"32746", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1400 S. International Parkway", "ListBrokerageWebsiteUrl":"https://www.lpt.com/", "ListOfficeAddress1":"1400 South International Parkw", "ListOfficeAddress2":"Suite 1020", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Lake Mary", "ListOfficeCountry":"US", "ListOfficeEmail":"boards@lpt.com", "ListOfficePostalCode":"32746", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Single Family Residence - SAINT PETERSBURG, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5050-74th-St-N-Apt-1_Saint-Petersburg_FL_33709_M52774-79218?f=listhub&s=MFRMLSFL&m=TB8302468&c=rexren", "MLSModificationTimestamp":"2024-10-14T13:47:08Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":4, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6836.17, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:31:48 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Steven Sallo, LPT REALTY, Deetsrealty@gmail.com

Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.