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5050 74th Street N

SAINT PETERSBURG, FL 33709

9 beds
6 baths
3,409 sqft
15,494 sqft lot
$286 per sqft
1980 build
– on site

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.

Listing courtesy of STELLAR_MLS / LPT REALTY

Last checked: Checking… • Last updated Oct 16, 2024 •

MLS# TB8302468 —

The Building

Year Built:

1980
New Construction:

false
Construction Materials:

Stucco
Levels:

One
Stories Total:

1
Roof:

Shingle
Foundation Details:

Block
Building Area Total:

3409
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Other
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

3409
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

I-275 EXIT AT 54TH AVE. N. HEAD WEST TO 71ST. N. TURN LEFT, GO TO 50TH AVE. TURN RIGHT, AT END OF STREET TURN RIGHT ONTO 74TH ST. TO ADDRESS.
Latitude:

27.817884
Longitude:

-82.741431
Coordinates:

-82.741431, 27.817884

The Property

Parcel Number:

063116000002201700
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.36
Lot Size Area:

15494
Lot Size SqFt:

15494
Lot Size Dimensions:

98 x 156
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-4
Direction Faces:

East
View:

Water
View:

true
Exterior Features:

Lighting
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Additional Parcels:

true
Additional Parcels Description:

247
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

247
Tax Block:

06-31-1
Tax 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
Tax Book Number:

27-31
Tax Annual Amount:

6836.17

Beds

Bedrooms Total:

9

Baths

Total Baths:

6
Total Baths:

6
Full Baths:

6

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8302468
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Convection Oven
Laundry Features:

Inside

The Community

Subdivision Name:

DIST:LFPW SEC/TWN/RNG/MER:SEC 06 TWN 31S RNG 16E P
Senior Community:

false
Water View:

false
Water Access:

Canal - Saltwater
Water Access:

true
Waterfront:

true
Waterfront Features:

Canal - Saltwater
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$975,000

Expense	Monthly cost
Mortgage	$5,220
Taxes	$569
Insurance	$268
Utilities	$304 See report
Total	$6,361/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
9/11/24 Sep 11, 2024	Listed / Active	STELLAR_MLS	$975,000

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This house located in West Lealman, FL 33709 is currently for sale for $975,000. 5050 74th Street N is a 3,409 square foot house with 9 beds and 6 baths that has been on Estately for 75 days.

Listing Courtesy of: STELLAR_MLS and LPT REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.