Courtesy of: Brian Sandstrom, KELLER WILLIAMS ST PETE REALTY, brian@hellopelican.com
Courtesy of: Brian Sandstrom, KELLER WILLIAMS ST PETE REALTY, brian@hellopelican.com
$799,000
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10 bed
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4,198 square feet
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4.00 Bath (4 Full)
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Lot: 0.24 Acres
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Single Family Residence
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$799,000
5136 68TH Street N 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.
Courtesy of: Brian Sandstrom, KELLER WILLIAMS ST PETE REALTY, brian@hellopelican.com
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