$1,599,000

7210 Gulf Boulevard

ST PETE BEACH FL, 33706

Description

Current rents are below Rental Market. Owner has never raised the rents. Currently all tenants are on a Month to Month. Easy for New Owners to decide what they like to do! Calling all Developers & Investors...Seller will provide current financials only when requested by buyer. 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.

Details

MLS#T3178362
Sub-TypeResale
StatusActive
Year1935
Days On Site107

Features

SQ Feet5,920
Units10
Building(s)2

Loading Form

Loading Form

Area Information

StateFL
CountyPinellas
CityST PETE BEACH
Zip Code33706
Area33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Listing VS Median (in 33706)
Price:
$1,599,000
low | high
Med:
$475,000
100% of Average
SqFt:
5,920
low | high
Med:
1,867
100% of Average
$ / SqFt:
$270
low | high
Med:
$254
55.806152948432% of Average
On Site:
107
low | high
Med:
293
36.518771331058% of Average
Listing Updated: 09/18/2019
MLS Number: T3178362
Listing Provided By:
CJ Cornett  of  BAYSIDE REALTY GROUP INC

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.