$570,000

1057 7th Avenue N

ST PETERSBURG FL, 33705

Description

Opportunity galore in this apartment complex with over 3,600 heated square feet and located directly across the street from St. Anthony's Hospital right in the heart of St. Petersburg, FL. If location is everything in real estate, this property is in an incredible location. Just a few minutes drive to bustling downtown St. Petersburg where you can enjoy the various dining options, bars, entertainment, music, art, and museums including the Dali museum, and the University of South Florida St. Petersburg, 15 minutes to the famous Gulf coast beaches, or 30 minutes to Tampa International Airport. Originally operated as a motel, this property is zoned for many uses including apartments, general office, medical office, restaurant, and bar. Currently operated as an apartment complex, and generating income, there is opportunity to increase rents and occupancy rates with some updating. The main house was built in 1911 and consists of 4 bedrooms, 2 bathrooms, a downstairs & upstairs kitchen, indoor laundry room, large living spaces, ample storage, plus original hardwood floors waiting to be brought back to their former glory. The second building was built in 1927 and consists of six apartment rooms each with a private ensuite. Each room has access to the common kitchen and to the laundry room, which could generate additional income. You will be surprised by the high ceilings and ample natural light from the large windows. Enjoy green space, parking, and a single-car carport. Put your imagination to work and make this income-generating property to work for you!

Details

MLS#U8098786
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1911
Days On Site25

Features

SQ Feet3,618
Acreage0.15
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Area Information
StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33705
Area33705 - St Pete
Listing VS Median (in 33705)
Price:
$570,000
low | high
Med:
$239,000
100% of Average
SqFt:
3,618
low | high
Med:
695
100% of Average
$ / SqFt:
$158
low | high
Med:
$344
68.276410450587% of Average
On Site:
25
low | high
Med:
47
53.191489361702% of Average
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
1241 DR MARTIN LUTHER KING JR ST N Property Photo - ST PETERSBURG, FL real estate listing
$0
1241 Dr Martin Luther King Jr St N
St Petersburg, FL 33701
Listing Updated: 10/02/2020
Troy Walseth LogoMLS Number: U8098786
Listing Provided By:
Troy Walseth  of  KELLER WILLIAMS RLTY SEMINOLE

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