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$825,000

5136 68 St

Saint Petersburg, FL
Active
10
Bedrooms
4
Bathrooms
4,918
Square Feet
0.24
Lot Size (acres)
1975
Year Built
42
Days On Market

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.

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Listing Information

Listing Updated
12 days ago
Listed By
Brian Sandstrom, 7274705653 · KELLER WILLIAMS ST PETE REALTY, 7278941600
MLS#
TB8541028
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
5136 68 St, Saint Petersburg, FL 33709
City
Saint Petersburg
County
Pinellas
Neighborhood
PINE LAKE PARK
Zip Code
33709

Architecture

Bedrooms
10
Bathrooms
4
Year Built
1975
Construction Materials
Wood Siding, Vinyl Siding, Stucco, Block
Building Area
4,918 sq. ft.
Foundation
Slab
Roof
Shingle
Levels
Two
Garage Spaces
0

Features & Amenities

Interior Features
In-Law Floorplan, Stone Counters
Appliances
Dishwasher, Electric Water Heater, Microwave, Refrigerator, Range, Disposal, Cooktop, Gas Water Heater
Flooring
Vinyl, Carpet, Ceramic Tile
Exterior Features
Balcony
Patio and Porch
Covered, Deck, Rear Porch
Cooling
Central Air
Heating
Natural Gas, Heat Pump, Central

Property Features

Lot Size
0.24 Acres
Lot Features
Paved
Water
Public
Sewer
Public Sewer
Utilities
Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Square Footage

Total
4,198 sq. ft.

Tax & Financial Information

List Price
$825,000
Annual Taxes
$10,919

Schools

75/100
Pinellas Park Middle School
Middle · Grades 06–08 · 1.1 mi
City
Pinellas Park
Students
1,214
Parent reviews
5.0★ avg · 1 review
Student body
45% White · 22% Hispanic / Latino · 15% Black
Free/reduced lunch
56%
Phone
(727) 545-6400
74/100
Dixie M. Hollins High School
High · Grades 09–12 · 0.7 mi
City
Kenneth City
Students
1,794
Parent reviews
5.0★ avg · 4 reviews
Student body
54% White · 20% Hispanic / Latino · 12% Black
Free/reduced lunch
46%
Phone
(727) 547-7876
64/100
Azalea Middle School
Middle · Grades 06–08 · 1.9 mi
City
St Petersburg
Students
1,014
Parent reviews
3.6★ avg · 10 reviews
Student body
46% Black · 34% White · 12% Hispanic / Latino
Free/reduced lunch
74%
Phone
(727) 893-2606
59/100
Seventy-Fourth St. Elementary
Elementary · Grades PK–05 · 0.9 mi
City
St Petersburg
Students
566
Parent reviews
3.0★ avg · 2 reviews
Student body
53% White · 22% Hispanic / Latino · 13% Black
Free/reduced lunch
74%
Phone
(727) 893-2120
56/100
Ese Countywide
7th & Above · Grades PK–12 · 1 mi
City
Pinellas Park
Students
221
Student body
56% White · 24% Black · 14% Hispanic / Latino
Free/reduced lunch
4%
Phone
(727) 547-5900
56/100
Tyrone Middle School
Middle · Grades 06–08 · 1.8 mi
City
St Petersburg
Students
847
Parent reviews
2.8★ avg · 4 reviews
Student body
37% White · 26% Black · 23% Hispanic / Latino
Free/reduced lunch
68%
Phone
(727) 893-1819
55/100
Marjorie Kinnan Rawlings Elementary
Elementary · Grades PK–05 · 0.9 mi
City
Pinellas Park
Students
616
Student body
53% White · 16% Asian · 14% Hispanic / Latino
Free/reduced lunch
52%
Phone
(727) 547-7828
55/100
Westgate Elementary School
Elementary · Grades PK–05 · 1.6 mi
City
St Petersburg
Students
592
Student body
54% White · 21% Hispanic / Latino · 13% Black
Free/reduced lunch
66%
Phone
(727) 893-2144

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/20/2026Price change$825,000
08/22/2026Listed for sale$850,000

Listed by Brian Sandstrom · KELLER WILLIAMS ST PETE REALTY · 7278941600

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: September 21, 2026 at 10:48 AM | Source: Stellar MLS | MLS#: TB8541028

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