- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$975,000
Monthly Est:$4,853
9 Beds
6 Baths
3,409sqft
5050 74th Street N #1, Saint Petersburg, FL 33709
$975,000
$4,853/moEst:
Get Pre-Approved
Multi Family
Built in 1980
$-- HOA
15,494 sqft lot
$286/sq.ft
Description
1031 EXCHANGE SPECIAL, INVESTORS BRING YOUR BEST OFFERS!!! 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!!!
- Houzeo last checked: 6 minutes ago
- Listing updated: September 26, 2026 at 5:19 pm
- Listing Provided by: Steven Sallo (727) 260-2142 | LPT REALTY (877) 366-2213
- Source: Stellar MLS-FL | MLS#: TB8303107
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
3,409 sqft
Lot Size
15,494 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
TB8303107
MLS Status
Active
Days on Market
758
Cumulative Days on Market
627
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 6
Interior
Interior Features
Ceiling Fans(s)
Cooling
Central Air
Heating
Central
Sewer
Public Sewer
Exterior Features
Lighting, Sidewalk
Construction
Year Built
Year Built: 1980
Home type
Multi Family
Roof
Shingle
Construction Materials
Stucco
Foundation Details
Block
Utilities & Energy
Water Source
Public
Laundry Features
None
Utilities
Bb/hs Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected, Water Available, Water Connected
Other Features
Subdivision Name
St. Pete
Price History
| Date | Event | Price |
|---|---|---|
01/08/2026 Source: | Listed for Sale | $975,000 $286/sqft |
01/08/2026 Source: | Off Market | $975,000 $286/sqft |
01/06/2026 Source: | Pending | $975,000 +191.04% $286/sqft |
05/31/2019 Source: | Price Increased | $335,000 +3.08% $98/sqft |
05/31/2019 Source: | Price Increased | $325,000 +4.50% $95/sqft |
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Based on information from Stellar MLS® through Oct 11, 2026, 12:30PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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