600 Corey Avenue, St Pete Beach, FL 33706

$880,000
3,059
SqFt
Sold Price
$880,000
List Price
$899,000
Status
Sold
Closing Date
Nov 22, 2019
MLS#
U8039544
Property Style
Multi-Family
Year Built
1951
Living Area
3,059
Lot Size
5,375
Acres
0.12
Total Acreage
Up to 10, 889 Sq. Ft.
Legal Subdivision Name
St Petersburg Beach Rep
MLS Area Major
Pass a Grille Bch/St Pete Bch/Treasure Isl

Property Description

This is a 7 unit motel/hotel complex with 6 efficiency units, one 1B/1Band. The property is located within the quaint Corey Avenue District of the upscale St Pete Beach area. The beaches are just a short distance from the property, you can smell the ocean breeze coming in from the end of the street. Renters will enjoy the trendy restaurants and other local establishments. The Marina is also close by for boat lovers. The current owner has established relationships with local service industry professionals that rent long term which has kept vacancy rates very low. The owner/manager will provide current financials and has offered to either train the new owner or stay on to manage the property. Please visit the St. Pete Beach web link on this listing to see the Corey Avenue District Plan for a more vibrant downtown community. Also see Pass-a-Grille Reconstruction project and other current city projects.

Additional Information

Taxes
$5803
Annual Gross Income
101400
Location
FloodZone
Community Features
No Deed Restriction
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Ceramic Tile
Appliances
Other
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public
Heating
Electric
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Exterior Features
Balcony, Sidewalk
Roof
Shingle
Pool
No Pool
Pets
Allowed
Flood Zone Code
AE
Parcel ID
36-31-15-77994-057-0130
Legal Description
ST PETERSBURG BEACH REPLAT BLK 57, LOT 13

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS GULF BEACHES. Selling Office: KELLER WILLIAMS GULF BEACHES.

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