$825,000
$999,999
17.5%For more information regarding the value of a property, please contact us for a free consultation.
3,812 SqFt
SOLD DATE : 08/28/2020
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,812 sqft
Price per Sqft $216
Subdivision Rev Map Of St Petersburg
MLS Listing ID U8037594
Sold Date 08/28/20
HOA Y/N No
Year Built 1925
Annual Tax Amount $10,455
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Location, Location, Location!!! Great 1031 and future redevelopment opportunity. This exceptional property offers a 5-7% cap rate which is outstanding for this market. The property, location and DC-2 Zoning offer an array of income possibilities that are only limited by your creativity. It is currently being operated as a fully furnished and appointed short term rental; however, it can be used for long term rentals, office, or retail. Many updates including new windows, kitchens, bathrooms, paint, updated electrical and plumbing systems. Located across the street from the Palladium and four blocks from Beach Dr. and the world renowned Vinoy Resort and Yacht Basin. Zoned DC-2, this district provides for intense residential and commercial development that still allows for a mixture of uses that enhance and
support the core and surrounding neighborhoods. Owner is a licensed Florida Real Estate Broker.
Location
State FL
County Pinellas
Community Rev Map Of St Petersburg
Direction N
Interior
Cooling Wall/Window Unit(s)
Building
Lot Size Range Up to 10,889 Sq. Ft.
Structure Type Block,Stucco
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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Bought with KELLER WILLIAMS ST PETE REALTY
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