St Petersburg, FL 33701,206 9TH AVE NE
St Petersburg, FL 33701,206 9TH AVE NE
St Petersburg, FL 33701,206 9TH AVE NE
St Petersburg, FL 33701,206 9TH AVE NE
St Petersburg, FL 33701,206 9TH AVE NE
St Petersburg, FL 33701,206 9TH AVE NE
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$ 2,500,000
Est. payment | /mo

3,450 SqFt


$ 2,500,000
Est. payment | /mo

3,450 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,450 sqft

Price per Sqft $724

Subdivision Bay Shore Rev

MLS Listing ID TB8343555

HOA Y/N No

Originating Board Stellar MLS

Year Built 1955

Annual Tax Amount $18,539

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 70x127

Property Description

EXCELLENT OPPORTUNITY to acquire 10 UNITS in the heart of upscale and in-demand OLD NORTHEAST!! Positioned on an OVER-SIZED CORNER LOT just 2 blocks north of booming Downtown St Petersburg and 2 Blocks off Beach Drive and gorgeous waterfront North Shore Park, this property benefits from extreme walkability while surrounded by classic Florida charm. Comprising 8 studios and 2 One-Bedroom apartments - ideal unit sizes for our strong rental market - the property features 12 OFF-STREET PARKING spaces and ON-SITE LAUNDRY, both of which are features that appeal to the target market for tenancy. Benefiting from FURNISHED UNITS and previous use of transient licensing this property has the flexibility to be operated on Long-Term leases for ease, Shorter Term Tenancy to maximize income, or a hybrid of the two - the best of both worlds!

With NO FLOOD ZONE, largely updated units separately metered for electric, a fresh paint job and a solid roof with no storm damage, this property is a Turn-Key investment in a HIGH-DEMAND location ideal for any Investor on the spectrum, from new to experienced, and may have significant REDEVELOPMENT POTENTIAL to others thanks to possible density grandfathering; clearly a rare opportunity in a top-tier location just steps away from the ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS of ST PETE! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! Pre-Contract Showings available when there are vacancies, walk-arounds welcome when there are not - contact today to schedule.

Location

State FL

County Pinellas

Community Bay Shore Rev

Direction NE

Interior

Interior Features Ceiling Fans(s)

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile, Terrazzo

Fireplace false

Appliance Dryer, Range, Refrigerator, Washer

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Other, Sidewalk

Parking Features Covered, Off Street

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

View City, Garden

Roof Type Other

Attached Garage false

Garage false

Private Pool No

Building

Lot Description Corner Lot, City Limits, In County, Near Marina, Near Public Transit

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Listed by RE/MAX PREFERRED
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206 9TH AVE NE