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Gelfand Realty Miami Properties - Commercial

3921 41ST N, ST PETERSBURG, FL 33714

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Commercial - NORTH MIDWAY SUB 1

3921 41ST N, ST PETERSBURG, FL 33714

Sold Price$500,000 Asking Price$500,000

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  • Days on market:

    242 day(s)
  • Original Price:

    $650,000
  • Price per sqft:

    $196.08
  • Tax Legal Description:

    NORTH MIDWAY SUB NO. 1 BLK 1, LOTS 19 THRU 24
  • Tax Year:

    2011
  • Property Type:

    Commercial
  • Special Listing Conditions:

    None

Description

$500,000 • living size area 2550 sqft

Deal fell through, back on market. definite pride of ownership. 23 units total. 15 remodeled and updated mobile homes and 8 cottages. park is in great shape. there is no deferred maintainance. park is currently 100% occupied with a waiting list. majority of tenants are over 55 years of age and they all pay by the month. strong owner management. owner wants to retire but may continue to manage the park negotiable. may carry small second note to get deal done. please understand do not speak with tenants as they are unaware of sale. this is a safe and secure investment in which you will net a min of $7k every month minimum. huge upside on rental income very low rents. this park can easily be grossing 175k annually.

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