5136 68TH STREET N ST PETERSBURG FL 33709 MLS #TB8393285

Investor’s Dream: Versatile Triplex in Prime St. Petersburg Location

Unlock the potential of this expansive 4,198 sq ft triplex, strategically situated in the heart of unincorporated Pinellas County. Comprising a total of 10 bedrooms and 4 bathrooms, this property offers a multitude of income-generating avenues, making it a rare gem for savvy investors.

This Turn Key Property boasts modernized kitchens and bathrooms, Updated flooring and paint, and newly installed mini-split systems, to name a few, ensuring comfort and efficiency.

Flexible Layout: The spacious design allows for various rental strategies, including traditional leasing, room-by-room rentals, or short-term stays.

Income Potential: Projected annual income of $92,244 based on St Pete Housing Authority Payment Standards. Additionally, the property’s Unincorporated location permits Short Term Rental operations. The large bedroom count could also make this a rent-by-room / PadSplit Powerhouse!

Strategic Location: Nestled near 54th Ave and 68th St N, residents have easy access to restaurants, shopping centers, fitness facilities, and entertainment venues. Public transportation is readily available, and major thoroughfares like I-275 and Gandy Blvd are just a short drive away.

Whether you’re looking to expand your rental portfolio or embark on a new investment venture, this triplex offers the versatility and location to maximize returns.