
$799,000
5136 68th StreetSt Petersburg, FL 33709
Listing updated: October 20, 2026 at 1:05 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history53 days on market
- Status: ActiveAug 28, 2026
- Listed$850,000Aug 28, 2026
- Price reduced$799,000
Property Documents
Documents the listing agent has made public for this property. Free to view and download.
Facts & features
- Property type
- Residential Income
- Sub type
- Triplex
- Status
- Active
- Days on market
- 53
- Subdivision
- Pine Lake Park
- County
- Pinellas
- Year built
- 1975
- Living area
- 4,198 sq ft
- Price/sq ft
- $190
- Lot size
- 10,459 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12103C0203J)
- Annual taxes
- $112 (2024)
- Parcel #
- 06-31-16-69516-001-0040
- Zoning
- RM-7.5
- MLS #
- TB8541016
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Interior Details
- Bedrooms
- 10
- Flooring
- Carpet, Ceramic Tile, Vinyl
- Appliances
- Cooktop, Dishwasher, Disposal, Electric Water Heater, Gas Water Heater, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Wood Cabinets, Stone Counters
- Laundry
- Common Area, Outside
- Stories / Levels
- Two
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central, Gas, Heat Pump
- Cooling
- Central Air, Mini-Split Unit(s)
HOA & Financial
- Total monthly fees
- None
- Total annual fees
- None
- CDD
- No
- Min lease term
- 1-7 Days
- Listing terms
- Cash, Conventional, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer to verify any lease restrictions with Pinellas County.
Exterior & Construction
- Exterior features
- Balcony, Sidewalk
- Construction materials
- Block, Stucco, Vinyl Siding, Wood Siding
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2026-08-21
- On market date
- 2026-08-28
- Original list price
- $850,000
- Occupant type
- Vacant
- MLS area
- 33709 - St Pete/Kenneth City
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-08-28
- Tax legal description
- PINE LAKE PARK BLK A, LOTS 4,5 AND 6
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
66th ST TO 54TH AVE N, WEST TO 68TH ST. SOUTH TO PROPERTY ON WEST SIDE.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of October 20, 2026 at 1:05 PM ET. 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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