1 of 16

Want to see this property?

5050 74th Street N Unit 1

SAINT PETERSBURG, FL 33709

– beds
– 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# TB8303107 —

The Building

Year Built:

1980
New Construction:

false
Construction Materials:

Stucco
Roof:

Shingle
Foundation Details:

Block
Unit Number:

1
# of Buildings:

2
Building Area Units:

Square Feet

Interior

Interior Features:

Ceiling Fan(s)
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 Income
Property Subtype:

Multi Family
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
View:

false
Exterior Features:

Lighting
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Additional Parcels:

true
Additional Parcels Description:

247
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

247
Tax Block:

247
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

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8303107
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

Laundry Features:

None

The Community

Subdivision Name:

ST. PETE
Senior Community:

false
Water View:

Canal
Water View:

true
Water Access:

false
Waterfront:

true
Waterfront Features:

Canal - Saltwater
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

false

Extra Units

# of Units Total:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/12/24 Sep 12, 2024	Listed / Active	STELLAR_MLS	$975,000

Want a closer look?

Go see 5050 74th Street N

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in West Lealman, FL

Similar sold homes

This multifamily located in West Lealman, FL 33709 is currently for sale for $975,000. 5050 74th Street N Unit 1 is a 3,409 square foot multifamily with – beds and – baths that has been on Estately for 70 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.