206 9TH AVE NE new Save Request In-Person Tour Request Virtual Tour
St Petersburg,FL 33701
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,450 sqft
Price per Sqft $724
Subdivision Bay Shore Rev
MLS Listing ID TB8343555
HOA Y/N No
Originating Board Stellar MLS
Year Built 1955
Annual Tax Amount $18,539
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 70x127
Property Description
EXCELLENT OPPORTUNITY to acquire 10 UNITS in the heart of upscale and in-demand OLD NORTHEAST!! Positioned on an OVER-SIZED CORNER LOT just 2 blocks north of booming Downtown St Petersburg and 2 Blocks off Beach Drive and gorgeous waterfront North Shore Park, this property benefits from extreme walkability while surrounded by classic Florida charm. Comprising 8 studios and 2 One-Bedroom apartments - ideal unit sizes for our strong rental market - the property features 12 OFF-STREET PARKING spaces and ON-SITE LAUNDRY, both of which are features that appeal to the target market for tenancy. Benefiting from FURNISHED UNITS and previous use of transient licensing this property has the flexibility to be operated on Long-Term leases for ease, Shorter Term Tenancy to maximize income, or a hybrid of the two - the best of both worlds!
With NO FLOOD ZONE, largely updated units separately metered for electric, a fresh paint job and a solid roof with no storm damage, this property is a Turn-Key investment in a HIGH-DEMAND location ideal for any Investor on the spectrum, from new to experienced, and may have significant REDEVELOPMENT POTENTIAL to others thanks to possible density grandfathering; clearly a rare opportunity in a top-tier location just steps away from the ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS of ST PETE! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! Pre-Contract Showings available when there are vacancies, walk-arounds welcome when there are not - contact today to schedule.
Location
State FL
County Pinellas
Community Bay Shore Rev
Direction NE
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile,Terrazzo
Fireplace false
Appliance Dryer,Range,Refrigerator,Washer
Laundry Common Area,Laundry Room
Exterior
Exterior Feature Other,Sidewalk
Parking Features Covered,Off Street
Utilities Available Cable Connected,Electricity Connected,Sewer Connected,Water Connected
View City,Garden
Roof Type Other
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Corner Lot,City Limits,In County,Near Marina,Near Public Transit
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None