$649,900 • living size area 4052 sqft
Daycare that can be easily converted to 6plex assisted living facility. zoning allows this to be a multifamily and the kitchens and bathrooms are in place for it to be a multifamily. potential rent for 6plex is $94,000 a year. this is only 9 min away from st pete downtown and 15 min from top rated usa beaches. this is a two building property with a large lot (over 17,000+ sq ft.) and plenty of parking space. there are two 2/1s and four 1/1s, each with washer and dryer hook ups. the property is block and one level with a garden/courtyard in the center. build a dog park or use it as additional parking or you can even tear the building down and build a two story property, the opportunities are endless. duplexes down the street are selling for upwards of 300k + (google 781 73rd, 470 93rd and 486 88th- lots of comparables for sales and rents). 2/1s are expected to be rented for $1,250-$1,300 and the 1/1s rent market rates are $1,100. tampa bay is a hot market - for the second month in a row, the tampa-st. petersburg-clearwater metro area had the second best job index, according to the small business employment watch by paychex. st. petersburg has seen the job market increase by 2.3% over the last year. future job growth over the next ten years is predicted to be 42.0%, which is higher than the us average of 33.5% (source- bestplaces.net)9001 DR MARTIN LUTHER KING JR N, ST PETERSBURG, FL 33702
Multi Family - GEORGIAN TERRACE
9001 DR MARTIN LUTHER KING JR N, ST PETERSBURG, FL 33702Date Sold 07-02-2021
Sold Price$620,000 Asking Price$649,900
- Living 4052sqft
- Lot size 17420sqft
- Taxes: Register to see
- Year Built 1967
-
Days on market:
50 day(s) Original Price:
$749,000-
Price per sqft:
$160.39 Tax Legal Description:
GEORGIAN TERRACE LOTS 46,47,48 AND 8FT VAC ALLEY N OF LOT 46Tax Year:
2020-
MLS:
U8119324 -
Property Type:
Multi Family
Construction Type:
ConcreteRoof:
ShingleCooling Description:
Central AirHeating Description:
CentralFloor Description:
VinylLinoleumInterior Features:
Living Room/Dining Room ComboExterior Features:
FencedSpecial Listing Conditions:
None
Description
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