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Gelfand Realty Miami Properties - Retail

12509 ULMERTON, LARGO, FL 33774

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Retail - PINELLAS GROVES

12509 ULMERTON, LARGO, FL 33774

Date Sold 07-01-2021

Sold Price$1,000,000 Asking Price$1,100,000

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  • Days on market:

    82 day(s)

  • Original Price:

    $1,300,000

  • Price per sqft:

    $79.08

  • Tax Legal Description:

    PINELLAS GROVES SE 1/4, PT OF LOT 1 DESC AS FR NE COR OF SE 1/4 RUN S 428.41FT TO SW'LY R/W OF 125TH ST N FOR POB TH S 139.42FT TO W'LY R/W OF SR 688 TH W 261.28FT TH N18DE 140.9FT TH E 218.02FT TO POB

  • Tax Year:

    2020

  • Property Type:

    Retail

  • Construction Type:

    Block

  • Cooling Description:

    Central Air

  • Special Listing Conditions:

    None

Description

$1,100,000 • living size area 13910 sqft

Fully leased retail center located on sr 688 /ulmerton road. this is a value-add project for an investor who would like upside and purchase at below market price per square foot. the actual cash flow in place is around a 2 cap. $7-$8 per square foot upside on rents. the property is located along the east/west main corridor between the beaches and tampa. full rent roll and financials provided with signed nda. owner is a licensed florida realtor.

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