David Shippey
863.521.4517

5050 74th Street Saint Petersburg Florida | Home for Sale

To schedule a showing of 5050 74th Street, Saint Petersburg, Florida, Call David Shippey at 863-521-4517 TODAY!

$975,000 | 9 beds | 6 full baths | N/A half baths | 3,409 sqft

$975,000 No Recent Price Change
5050 74th Street
Saint Petersburg, FL 33709
  • 9Beds
  • 6.00Total Baths
  • 6 Full, 0 HalfBaths
  • 3,409SqFt
  • 1980Year Built
  • 0.36Acres
  • MLS# TB8302468
  • Residential
  • SingleFamilyResidence
  • Active


Overview

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.



Agriculture / Farm

Grazing Permits Blm:  ,No,

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Horse:  No

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Total Baths:  6.00

Fullbaths:  6

Building Info

Roof:  Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Pool Private:  No

Exterior Features:  Lighting, Other

Fees / Restrictions

Financial

Original Price:  $975,000

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  No

Green / Env Info

Irrigation Water Rights:  ,No,

Interior Features

Fireplace:  No

Floors:  Tile

Levels:  One

Spa:  No

Laundry Features:  WasherHookup, Inside, LaundryRoom

Interior Features:  Other

Appliances:  ConvectionOven, Refrigerator

Lot Info

Direction Remarks:  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.

Number of Lots:  2

Lot Size Units:  Acres

Lot Size Acres:  0.36

Lot Sqft:  15,494

Est Lotsize:  98x156

Misc

Other

Special Conditions:  None

Other Rooms Info

Basement:  No

Property Info

Habitable Residence:  ,No,

Section:  06

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Property Attached:  No

New Construction:  No

Construction Materials:  Stucco

Stories:  1

Total Stories:  1

Mobile Home Remains:  ,No,

Foundation:  Block

Home Warranty:  ,No,

Human Modified:  ,No,

Room Info

Total Rooms:  4

Sqft Info

Sqft:  3,409

Bulding Area Sqft:  3,409

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,023

Tax Lot:  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 Block:  06-31-1

Tax Annual Amount:  6836.17

Tax Book Number:  27-31

Unit Info

Rent Controlled:  No

Utilities / Hvac

Electric On Property:  ,No,

Heating:  Central

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, HighSpeedInternetAvailable, WaterAvailable, WaterConnected

Waterfront / Water

Waterfront:  Yes

Waterfront Features:  CanalAccess

View:  Yes

View:  Water

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.

This listing courtesy of Lpt Realty 

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On davidshippey.com since Wed, Sep 11th 2024
No Property History recorded for this listing.

Broker Reciprocity The information being provided by © 2024 My Florida Regional MLS DBA Stellar MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS. XCELLENCE REALTY, INC is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of XCELLENCE REALTY, INC, a broker participant of My Florida Regional MLS DBA Stellar MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. MLS IDX data last updated on 09-20-2024 5:27 PM EST.

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If you have any questions on 5050 74th Street, Saint Petersburg, Florida, please call David Shippey at 863-521-4517.


MLS# TB8302468 located at 5050 74th Street, Saint Petersburg, Florida is brought to you by David Shippey REALTOR®

5050 74th Street, Saint Petersburg, Florida has 9 Beds, 6 Full Bath, and 0 Half Bath.
The MLS Number for 5050 74th Street, Saint Petersburg, Florida is TB8302468.
The price for 5050 74th Street, Saint Petersburg, Florida is $975,000.
The status of 5050 74th Street, Saint Petersburg, Florida is Active.
The subdivision of 5050 74th Street, Saint Petersburg, Florida is Dist:lfpw Sec/twn/rng/mer:sec 06 Twn 31s Rng 16e P.
The home located at 5050 74th Street, Saint Petersburg, Florida was built in 2024.

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