$825,000
 $4,429 est/mo Sourced by Back At You

5136 68th St N,ST PETERSBURG, FL 33709

ST PETERSBURG, FL 33709

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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.

Details

MLS #TB8541028
Listing TypeFor Sale
StyleHouse
Sub-TypeFor-sale
StatusActive
Year1975
Days On Site58
Listing Provided ByKELLER WILLIAMS ST PETE REALTY | Brian Sandstrom

Features

Bed(s)10
Bath(s) 4 Total
SQ Feet4,198
Story(s)2
ZoningRM-7.5
Acreage0.24

Taxes

Property10919

Area Information

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33709
Area33709 St Pete | Kenneth City
Community NamePINE LAKE PARK
Listing VS Median (in PINE LAKE PARK)
Price:
$825,000
low | high
Med:
$825,000
50% of Average
sqft:
4,198
low | high
Med:
4,198
50% of Average
$ / sqft:
$197
low | high
Med:
$197
50% of Average
On site:
58
low | high
Med:
58
100% of Average
Sourced by Back At You

Market Activity 33709

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of October 18, 2026 at 7:24:21 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33709
Area33709 St Pete | Kenneth City
Community NamePINE LAKE PARK
Listing VS Median (in PINE LAKE PARK)
Price:
$825,000
low | high
Med:
$825,000
50% of Average
sqft:
4,198
low | high
Med:
4,198
50% of Average
$ / sqft:
$197
low | high
Med:
$197
50% of Average
On site:
58
low | high
Med:
58
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $618K - $1.31M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
5136 68TH ST N Property Photo 1
$825,000
5136 68th St N
St Petersburg, FL 33709
Listing Updated: October 14, 2026 at 9:00:49 AM PDT