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Gelfand Realty Miami Properties - Multi Family

7210 GULF, ST PETE BEACH, FL 33706

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Multi Family -

7210 GULF, ST PETE BEACH, FL 33706

Sold Price$1,480,000 Asking Price$1,599,000

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  • Days on market:

    349 day(s)
  • Original Price:

    $1,897,700
  • Price per sqft:

    $266.5
  • Tax Legal Description:

    MORRISSEY COMMERCIAL CENTER LOT 1
  • Tax Year:

    2018
  • Property Type:

    Multi Family
  • Parking:

    Common
  • Construction Type:

    Wood Frame
  • Roof:

    Shingle
  • Cooling Description:

    Central AirWall/Window Unit(s)
  • Heating Description:

    CentralNone
  • Special Listing Conditions:

    None

Description

$1,599,000 • living size area 6000 sqft

Calling all developers & investors... seller will owner finance with $300,000 down and is flexible with financing terms, interest rate, this is an existing income producing 10 unit multi-family unit that has provided solid income of the current owners for years. the property is located on gulf blvd and is just 4 blocks from beautiful upham beach (st. pete beach) cc-2 zoning allows for a range of commercial & residential development. combined site size of 0.56 acres allows for a 40 ft building height and multi-family/vacation rental with many different options for the ground floor to include, office, commercial, restaurant, retail use. the property is in the heart of st. pete beach with traffic counts averaging 28,500 daily trips. property has been rezoned and combined into one parcel by current owner to enhance development for potential buyer. now, the parcel exceeds the 1/2 acre threshold necessary for mixed-use development and allows a wide range of uses such as: restaurant first floor, multi- family upper floors, financial institutions, art galleries or studios, pharmacies, sales, rentals, veterinarian & dog grooming establishments. owner is motivated to sell and will be looking at all offers, call today to schedule your private showing. information contained herein subject to change without notice!

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