Address
5136 68th Street N, ST PETERSBURG, FL
Price
$ 850,000
Property Attributes
  • MLS#TB8541028
  • TypeSingle Family
  • Listing Status Active
  • CountyPinellas
  • CityST PETERSBURG
  • AreaSt Pete/Kenneth City
  • NeighborhoodPINE LAKE PARK
  • Zip33709
  • StyleSingle Family Residence
  • Year Built1975
  • Taxes$ 10919
  • Price$ 850,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4198
  • Lot Size0.24 Acres
Data Source:
Stellar MLS
Property Description

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.

Price History
8/22/2026 Listed $850,000

General Features

Sewer Public Sewer
Heating Central,Natural Gas,Heat Pump
Cooling Central Air,Mini-Split Unit(s)
Utilities BB/HS Internet Available,Electricity Connected,Natural Gas Connected,Public,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Cooktop,Dishwasher,Disposal,Electric Water Heater,Gas Water Heater,Microwave,Range,Refrigerator
Zoning RM-7.5
Patio/Porch Features Covered,Deck,Rear Porch
Construction Materials Block,Stucco,Vinyl Siding,Wood Siding
Year Built 1975
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Pinellas
New Construction false
Property Type Residential
Energy Efficient HVAC
Subdivision Name PINE LAKE PARK
Facing Direction East
Garage Y/N false
Total Rooms 3
Full Baths 4
Status Active
Directions Take 54th Ave N West. Turn Left onto 68th St N. Property is on the Right.
City ST PETERSBURG
Senior Community Y/N false
MLS Area 33709 - St Pete/Kenneth City
Lot Size Units Square Feet
Lot Size Square Feet 10459
Carport Y/N false
Listing Terms Cash,Conventional,VA Loan
Land Lease Y/N false
Tax Annual Amount 10919.25
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://tonytownsendphotography.aryeo.com/sites/edvbzzvk/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 4,5
Legal Description PINE LAKE PARK BLK A, LOTS 4,5 AND 6
Minimum Lease 1-7 Days
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
In Law Suite YN true
In Law Suite Description 1 Bathroom,2+ Bedrooms,Attached,Kitchen,Private Entrance
Flood Zone Code X Yes

Interior Features

Interior Amenities Ceiling Fan(s),Primary Bedroom Main Floor,PrimaryBedroom Upstairs,Solid Wood Cabinets,Stone Counters
Flooring Carpet,Ceramic Tile,Vinyl
Furnished Y/N Unfurnished
Fireplace Features Family Room,Wood Burning
Air Conditioning Y/N true
Heating Y/N true
Window Features Aluminum Frames,Double Pane Windows
Fireplace Y/N true
Laundry Features Common Area,Outside
Total Bedrooms 10
LivingAreaSource Public Records
Total Baths 4

Exterior Features

Exterior Amenities Balcony,Sidewalk,Sliding Doors
Lot Features In County,Oversized Lot,Sidewalk,Unincorporated
Water Source Public
Lot Size Area 10459
Foundation Details Slab
Building Area Total 4918
Lot Size Acres 0.24
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33709

Price
AVG $450K
$850K
Taxes
AVG $4,115
$10,919
Year Built
AVG 1973
1975

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