Active
5136 68TH St N, St Petersburg, FL 33709
MLS TB8541028
$825,000
Est. $4,570/mo principal and interest at 7.40% with 20% down
10 bd · 4.0 ba · 4,198 sqft · Single Family Residence
About this home
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.
Key facts
- Type
- Single Family Residence
- Size
- 4,198 sqft
- Bedrooms
- 10
- Bathrooms
- 4.0
- Avg. price per sqft
- $197
- County
- Pinellas
- MLS number
- TB8541028
- Status
- Active
- Property address
- 5136 68TH St N, St Petersburg, FL 33709
Where is this home?
Common questions
How much is 5136 68TH St N, St Petersburg, FL 33709 listed for?
5136 68TH St N, St Petersburg, FL 33709 in St Petersburg, FL is listed at $825,000 (about $4,570/mo principal and interest at 7.40% with 20% down).
How many bedrooms and bathrooms does 5136 68TH St N, St Petersburg, FL 33709 have?
5136 68TH St N, St Petersburg, FL 33709 has 10 bedrooms, 4.0 bathrooms, and 4,198 square feet.
Who can show 5136 68TH St N, St Petersburg, FL 33709 in St Petersburg?
Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.
What is a CDD in Wesley Chapel or SouthShore?
A Community Development District is a special district that can add a monthly or annual assessment on top of taxes and HOA. Always confirm the current CDD on the tax bill and listing, then include it in the payment I originate.
What is Zone X vs AE after recent storms?
Zone X is generally lower flood risk. AE is a special flood hazard area that often needs flood insurance. Filters on this site can prefer lower-risk flood zones. Confirm the current FEMA map and an insurance quote before you write.
Listing photos remain with the listing broker and photographer. Not licensed for reuse from this site.