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Gelfand Realty Miami Properties - Multi Family

302 MATEO NE, ST PETERSBURG, FL 33704

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Multi Family - SNELL ISLE SHORES

302 MATEO NE, ST PETERSBURG, FL 33704

Sold Price$1,300,000 Asking Price$1,350,000

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  • Days on market:

    147 day(s)
  • Original Price:

    $1,350,000
  • Price per sqft:

    $416.67
  • Tax Legal Description:

    SNELL ISLE SHORES BLK 1, LOT 10
  • Tax Year:

    2020
  • Property Type:

    Multi Family
  • Carport Spaces:

    3
  • Parking:

    DrivewayAssigned Covered On StreetCurb Parking
  • Furnished Info:

    Unfurnished
  • View:

    Golf Course
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Electric
  • Floor Description:

    Terrazzo
  • Interior Features:

    Walk-In Closet(s)Ceiling Fan(s) Living Room/Dining Room Combo Thermostat Open Floorplan Window Treatments L Dining
  • Exterior Features:

    LightingIrrigation System Sidewalk Fenced
  • Equipment/Appliances:

    DishwasherRefrigeratorDisposalDryerWasherElectric Water Heater Range Exhaust Fan
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot Irregular Lot On Golf CourseCity Lot In County Historic District Street Dead-EndFlood Insurance Required FloodZone

Description

$1,350,000 • living size area 3240 sqft

Truly the finest lot on the most prestigious golf and social club in thriving st petersburg, the vinoy club, is now available. at nearly ½ acre and featuring nearly 200 feet of golf course frontage, planning your dream home is now possible. watch the sun rise over the classic landmark club with its distinctive architecture just beyond the 9th green or enjoy the sunset to the west towards the 9th tee. take a delightful walk to the club for lunch, dinner or cocktail, and enjoy the pool or driving range. personal golf carts welcome, but club carts only on the course. the views from your dream home would include two lakes with fountain, 4 holes, the club and driving range: a long panoramic view! as an investment, there are 3 income units currently producing approximately $2000 per unit. the units are in very good condition and have well-established, long term tenants in residence. higher rents are definitely in range for 2/2’s in this snell isle neighborhood. the seller has consulted with a local/national architecture firm regarding the division of the property for 3 saleable residences. initial indications provide this development track would be feasible. further exploration of city codes and permits would be required, but current usage for the property is for 3 units. the existing 3 residences, each have 2 bed/2 bath, living, dining, and carport with storage unit. block construction, terrazzo floors, fenced backyard with views of the golf course. update the units and increase your cash flow. raze the rental units and build 3 amazing residences for sale. –or— build your personal dream home. this land is privately situated in a corner of snell isle, adjacent to the vinoy club golf course with almost no neighbors. it’s truly an amazing find!

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