425 3RD Street N

    St Petersburg, FL 33701
    • $899,000
    • STATUS: Active
    • ON SITE: 220 days
    • MLS #: U8037594
    UPDATED: 38 min ago
    $899,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,812
      SQFT
    • $236
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    Description

    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 andsupport the core and surrounding neighborhoods. Owner is a licensed Florida Real Estate Broker.

    Monthly Payment Calculator




    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-17T09:41:40.737.
    www.theduncanduo.com/homes/92541235

    425 3RD Street N St Petersburg, FL 33701

    • Price: $899,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: U8037594
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,812
    SQFT
    $236
    $/SQFT
    1925
    Built
    Neighborhood:
    Rev Map Of St Petersburg
    County:
    Pinellas
    Area:
    St Pete
    Property Description
    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 andsupport the core and surrounding neighborhoods. Owner is a licensed Florida Real Estate Broker.
    Exterior Features

    Construction Materials BlockStucco Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Wall/Window Unit(S)

    Property Features

    Additional Parcels Yn No Business Type CommercialOther Flood Zone Code X New Construction Yn No Property Sub Type Multi-Family Special Listing Conditions None Tax Annual Amount 10314.00 Tax Year 2018 Total Num Buildings 1


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Coderre R E & Development Llc.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-10-17T09:41:40.737.
     
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    Tampa FL, 33611