425 3rd St N, St Petersburg

$899,000

Active
0 Beds
0 Baths
3,812 Sqft
.07 Acres
0 Garages

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

Essential Information
MLS® #U8037594
Price$899,000
Bathrooms0.00
Square Footage3,812
Acres0.07
Year Built1925
TypeCommercial
Sub-TypeMulti-Family
StatusActive
Community Information
Address425 3rd St N
AreaSt Pete
SubdivisionRev Map Of St Petersburg
CitySt Petersburg
CountyPinellas County
StateFL
Zip Code33701
Interior
CoolingWall/Window Unit(s)
Exterior
ExteriorBlock, Stucco
Lot DescriptionUp to 10,889 Sq. Ft.
Additional Information
Days on Market166
Listing Details
OfficeCoderre R E & Development Llc
Property History
Price Increased from $850,000 to $899,000
Price Reduced from $899,999 to $850,000
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on August 23rd, 2019 at 11:30am EDT.