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5136 68TH STREET N

Multi-family For Sale
$825,000

BTC: 10.09483022

ETH: 335.36585366

-$25K (2026/09/20)
49 days
10 bds
4,198 sqft

Overview

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.

Location

Florida • ST PETERSBURG • 33709 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1975
Lot:
0.24 Acres
Heating:
Central / Natural Gas / Heat Pump
Price/sqft:
$197
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data

Highlights

Annual tax
$112
2024
All facts and features

  • Flooring

    • Carpet

    • Ceramic Tile

    • Vinyl

    Heating

    • Central

    • Natural Gas

    • Heat Pump

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Gas Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    • PrimaryBedroom Upstairs

    • Solid Wood Cabinets

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 10

  • Property

    • Levels: Two

    • Exterior Features: Balcony / Sidewalk / Sliding Doors

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 063116695160010040

    • Zoning: RM-7.5

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • BB/HS Internet Available

    • Electricity Connected

    • Natural Gas Connected

    • Public

    • Sewer Connected

    • Water Connected

    Green energy

    • HVAC

  • Other financial information

    • Annual tax amount: $112

  • Source details

    • MLS ID: TB8541016

    Other facts

    • Construction Materials: Block / Stucco / Vinyl Siding / Wood Siding

    • Foundation Details: Slab

    • Fireplace Features: Family Room / Wood Burning

    • Laundry Features: Common Area / Outside

    • Lot Features: In County / Oversized Lot / Sidewalk / Unincorporated

    • Patio And Porch Features: Covered / Deck / Rear Porch

    • Window Features: Aluminum Frames / Double Pane Windows

    • Fireplace: Yes

    • Living Area: 4198

    • Water Source: Public

    • Subdivision Name: PINE LAKE PARK

Private inquiry
Talk to the advisor on this listing.
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Market around this address

Live counts in the same area.
View all
This zip
33709
222
median $202K
Active
Same city
ST PETERSBURG
2,513
median $425K
Active
Same type
Multi-family
62
median $561K
Active
Similar price
$577K – $1.1M
451
median $739K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS ST PETE REALTY