5136 68TH STREET N,St Petersburg,Pinellas,FL, 33709, Residential Income, 10, 4, 26d94e413eafe8c894af45ccc684e4b0, TB8541016,5136 or 68TH

$825,000
5136 68TH STREET N, ST PETERSBURG, PINE LAKE PARK

Overview

  • Updated On:
  • October 14, 2026
  • 10 Bedrooms
  • 4,198 ft2

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.

Address: 5136 68TH STREET N
State/County:
Zip: 33709
Country: United States

Property Id: 100282082
Price: $825,000
Property Size: 4,198 ft2
Property Lot Size: 0 ft2
Bedrooms: 10
Construction Materials: Block, Stucco, Vinyl Siding, Wood Siding
Contract Status Change Date: 2026-08-28
Cooling: Central Air, Mini-Split Unit(s)
Cumulative Days On Market: 47
Days On Market: 47
Directions: 66th ST TO 54TH AVE N, WEST TO 68TH ST. SOUTH TO PROPERTY ON WEST SIDE.
FireplaceFeatures: Family Room, Wood Burning
Flooring: Carpet, Ceramic Tile, Vinyl
FoundationDetails: Slab
Furnished: Unfurnished
GreenEnergyEfficient: HVAC
Heating: Central, Natural Gas, Heat Pump
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Common Area, Outside
LeaseConsideredYN: 1
LeaseTerm: 12 Months
Levels: Two
ListAOR: Suncoast Tampa
ListAgentAOR: Suncoast Tampa
ListAgentEmail: brian@hellopelican.com
ListAgentFullName: Brian Sandstrom
ListAgentKey: bc7ba447f14fef25ebcafb9d6aceec51
ListAgentMlsId: 159517193
ListAgentPreferredPhone: 727-894-1600
ListOfficeKey: af8f9e5eb1966bd4a1e081d1b69fe849
ListOfficeMlsId: 260030730
ListOfficeName: KELLER WILLIAMS ST PETE REALTY
ListOfficePhone: 727-894-1600
ListingContractDate: 2026-08-21
ListingId: TB8541016
ListingKeyNumeric: 803377778
ListingTerms: Cash, Conventional, VA Loan
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotFeatures: In County, Oversized Lot, Sidewalk, Unincorporated
LotSizeArea: 10459
LotSizeSquareFeet: 10459
LotSizeUnits: Square Feet
MLSAreaMajor: 33709 - St Pete/Kenneth City
MlsStatus: Active
ModificationTimestamp: 2026-10-14T13:50:06.220Z
NumberOfBuildings: 1
NumberOfUnitsTotal: 3
OnMarketDate: 2026-08-28
OriginalEntryTimestamp: 2026-08-22T02:54:00.740Z
OriginalListPrice: 850000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 063116695160010040
PatioAndPorchFeatures: Covered, Deck, Rear Porch
PhotosChangeTimestamp: 2026-08-22T02:58:44.468Z
PhotosCount: 47
PriceChangeTimestamp: 2026-09-20T23:15:27.633Z
PropertyCondition: Completed
RoadFrontageType: Street Paved
RoadSurfaceType: Paved
Roof: Shingle
STELLAR_AdditionalLeaseRestrictions: Buyer to verify any lease restrictions with Pinellas County.
STELLAR_AlternateKeyFolioNum: 31-16-06-69516-001-0040
STELLAR_AnnualExpenses: 21049
STELLAR_AnnualNetIncome: 13271
STELLAR_BOMDate: 2026-08-28T04:00:00.000Z
STELLAR_CalculatedListPriceByCalculatedSqFt: 196.52
STELLAR_CensusTract: 250.18
STELLAR_CurrentPrice: 825000
STELLAR_DPRURL: https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8541016?w=Agent&skip_sso=true
STELLAR_DPRURL2: https://www.workforce-resource.com/dpr/listing/MFRMLS/TB8541016?w=Customer
STELLAR_DPRYN: 1
STELLAR_EstAnnualMarketIncome: 82320
STELLAR_FloodZoneCode: X
STELLAR_FloodZoneDate: 2021-08-24
STELLAR_FloodZonePanel: 12103C0203J
STELLAR_ListOfficeContactPreferred: murraycoleman@kw.com
STELLAR_ListOfficeHeadOfficeKeyNumeric: 203884503
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MinimumLease: 1-7 Days
STELLAR_MlsMajorChangeType: Price Decrease
STELLAR_NumTimesperYear: 99
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Apartments.com, International MLS, Realtor.com, Zillow Rental, SkySlope Offers, Crexi
Sewer: Public Sewer
SourceSystemKey: 803377778
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-08-28T16:46:35.440Z
StreetDirSuffix: N
StreetName: 68TH
StreetNumber: 5136
StreetNumberNumeric: 5136
StreetSuffix: STREET
TaxAnnualAmount: 112
TaxBlock: A
TaxBookNumber: 33-19
TaxLegalDescription: PINE LAKE PARK BLK A, LOTS 4, 5 AND 6
TaxLot: 4, 5
TaxYear: 2024
Utilities: BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
WaterSource: Public
WindowFeatures: Aluminum Frames, Double Pane Windows
YearBuilt: 1975
Zoning: RM-7.5

Outdoor Details
balcony
Other Features
Ceiling Fan(s)
Cooktop
Dishwasher
Disposal
Electric Water Heater
Gas Water Heater
Has Cooling System
Has Fireplace
Has Heating System
Microwave
Primary Bedroom Main Floor
PrimaryBedroom Upstairs
Range
Refrigerator
Sidewalk
Sliding Doors
Solid Wood Cabinets
Stone Counters

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$4,229.94
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,198.69

Contact Me

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