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.
Listing courtesy of BAYSIDE REALTY GROUP INC. Selling Office: STELLAR NON-MEMBER OFFICE.
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