# 5050 74TH STREET N, ST PETERSBURG, FL 33709

> **TL;DR:** 9bd/0ba residential multi family, $975,000 ($286/sqft), built 1980, 3,409 sqft.
> Waterfront. Est. $4,225/mo. Listed 576 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $975,000 |
| Price/sqft | $286 |
| Bedrooms | 9 |
| Square Feet | 3,409 |
| Year Built | 1980 |
| Lot Size | 15,682 sqft (0.36 acres) |
| Property Type | Residential Multi Family |
| Status | For Sale |
| Days on Market | 576 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,225 |
| **Total** | **$4,225** |

## Key Amenities

- Waterfront

## Property Highlights

- Built in 1980
- 0.36 acre lot
- Waterfront

## Description

### Agent Description
1031 EXCHANGE SPECIAL, INVESTORS BRING YOUR BEST OFFERS!!! 10% CAP RATE!!! FOUNDATION REPAIRS COMPLETED!!! ADDITIONAL WATERFRONT LOT INCLUDED!!! 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 135Ft OF WATER FRONTAGE!!!! Fully occupied cash generating investment property and all tenants are on MONTH TO MONTH AGREEMENTS!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. CURRENT RENTS ARE AS FOLLOWS: $1,800, $1,800, $1,800, $1,200, $1,200 $1,150 Total: $8,950 per month and $107,400 total income per year!!! Expenses: $250 per month for water garbage pickup $94 per month, $4,128 annually. Taxes $6,800 annually and Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $92,368!!! 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. 10% cap rate with opportunity to boost to 12-15% cap rate with rent raise and laundry area addition!!!

## Location

- **Address:** 5050 74TH STREET N, ST PETERSBURG, FL 33709
- **County:** Pinellas
- **Neighborhood:** ST. PETE
- **Coordinates:** 27.817884, -82.741431
- **Google Maps:** https://www.google.com/maps?q=27.817884,-82.741431

## Listing Agent

- **Name:** Steven Sallo
- **Brokerage:** LPT REALTY
- **Phone:** 7272602142
- **Email:** Deetsrealty@gmail.com

## Primary Photo

![5050 74TH STREET N - Primary Photo](http://lh.rdcpix.com/84b53610870aad53b75dcacdfc7ec659l-f1016943306r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/5050-74th-street-n-st-petersburg-fl-33709-b8303107)*

---

**MLS#:** TB8303107 | **Updated:** 2026-04-29
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5050-74th-street-n-st-petersburg-fl-33709-b8303107)

---

## Structured Data

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  "description": "1031 EXCHANGE SPECIAL, INVESTORS BRING YOUR BEST OFFERS!!! 10% CAP RATE!!! FOUNDATION REPAIRS COMPLETED!!! ADDITIONAL WATERFRONT LOT INCLUDED!!! 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 135Ft OF WATER FRONTAGE!!!! Fully occupied cash generating investment property and all tenants are on MONTH TO MONTH AGREEMENTS!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occup",
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