$1,187,500
$1,375,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
6,840 SqFt
SOLD DATE : 02/17/2022
Key Details
Sold Price $1,187,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,840 sqft
Price per Sqft $173
Subdivision Harveys Sub
MLS Listing ID U8141671
Sold Date 02/17/22
Construction Status No Contingency
HOA Y/N No
Year Built 1938
Annual Tax Amount $8,618
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50x128
Property Description
Excellent Mixed-Use property in one of St. Pete's most coveted neighborhoods, Historic Uptown. This neighborhood is exploding due to the growth of and proximity to downtown St. Pete and the 4th Street Retail Corridor. Located one (1) tax lot off of the major retail hub (4th Street) with substantial parking, this property features two (2), two (2) story structures built in 1938 and 1953, respectively. The front building, ground floor unit is leased to a hair salon and the 2nd floor is leased to a tanning bed company. Both buildings are solid concrete block structures with flat roofs. The rear structure features three (3) studio style apartments and garage-like storage space. All commercial and residential units are individually metered for electric and there is one (1) water meter for the entire property. All of the in-place leases are below market rental rates and pose a value-add component with or without buyer putting cap-ex into the interior build-out, etc. All tenants are either month to month or have leases that expire in early 2022.
Location
State FL
County Pinellas
Community Harveys Sub
Direction N
Interior
Interior Features Open Floorplan
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Flooring Concrete
Fireplace false
Laundry In Garage
Exterior
Exterior Feature Lighting, Sidewalk, Storage
Garage Off Street, On Street, Open
Utilities Available Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Waterfront false
View City
Roof Type Built-Up
Porch Covered, Patio
Garage false
Private Pool No
Building
Lot Description City Limits, Level, Sidewalk, Paved
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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