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$999,999 • living size area 3812 sqft
Location, location, location!!! great 1031 and future redevelopment opportunity. this exceptional property offers a 5-7% cap rate which is outstanding for this market. the property, location and dc-2 zoning offer an array of income possibilities that are only limited by your creativity. it is currently being operated as a fully furnished and appointed short term rental; however, it can be used for long term rentals, office, or retail. many updates including new windows, kitchens, bathrooms, paint, updated electrical and plumbing systems. located across the street from the palladium and four blocks from beach dr. and the world renowned vinoy resort and yacht basin. zoned dc-2, this district provides for intense residential and commercial development that still allows for a mixture of uses that enhance and support the core and surrounding neighborhoods. owner is a licensed florida real estate broker.Multi Family - REV MAP OF ST PETERSBURG
425 3RD N, ST PETERSBURG, FL 33701
Date Sold 08-28-2020
Sold Price$825,000 Asking Price$999,999
Share by:
- Living 3812sqft
- Lot size 3206sqft
- Taxes: Register to see
- Year Built 1925
-
Days on market:
368 day(s) Original Price:
$899,999-
Price per sqft:
$262.33 Tax Legal Description:
REV MAP OF ST PETERSBURG BLK 4, N 42.5FT OF LOT 9 & N 42.5FT OF W 25FT OF LOT 10Tax Year:
2019-
MLS:
U8037594 -
Property Type:
Multi Family
Construction Type:
StuccoBlockCooling Description:
Wall/Window Unit(s)Special Listing Conditions:
None
Description
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