$899,000 425 3rd Street N St Petersburg, FL

MLS: U8037594   Type: Commercial   County: Pinellas   City: St Petersburg   Area: St Pete   Neighborhood: Rev Map Of St Petersburg   Zip: 33701   Style: Multi-Family     Taxes: $10,314

Mortgage $4,221 /mo



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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.

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Price History

3/11/2019 Listed $899,999
3/25/2019 6% - $850,000

Business Type Commercial, Other
MLS Area 33701 - St Pete
Property SubType Multi-Family
Property Type Commercial
Special Listing Conditions None
Status Active
Total Num Buildings 1
Township 31
Year Built 1925

Interior Features

Cooling Wall/Window Unit(s)
Living Area 3812.00

Exterior Features

Building Area Total 4170.00
Construction Materials Block, Stucco
Lot Size Acres 0.07
Lot Size Square Feet 3206
Road Frontage Type Business District, City Street
Water Access Y/N No
Water Extras Yn No
Water View Y/N No
Waterfront Feet Total 0
Waterfront Y/N No

Property Schools

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Gallery (23 photos)

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Property vs Zip Code Avg (33701)

Price 899K Avg 512K

Sqr Feet 3,812 Avg 2,257

Cost / Sqr Ft $236 Avg $227

Taxes $10,314 Avg $11,601

Acres 0.07 Avg 0.25

Visits 87 Avg 41

Days on Site 226 Avg 314

Walkscore® 93 Avg 94

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: CODERRE R E & DEVELOPMENT LLC

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Location & Address

shaista mughal
6735 Conroy Windermere Rd. Suite 209,
Dr. Phillips, FL