$2,500,000 for Sale
308 grove street, saint petersburg, FL 33701
| Beds 7 | Baths 12 | 7,252 Sqft | 0.12 Acres |
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Property Description
PRIME OPPORTUNITY to acquire a 12 UNIT property in the booming MIRROR LAKE area of DOWNTOWN ST PETERSBURG proper!!! Walkable to all of the in demand destinations downtown St Pete this is a GREAT UNIT MIX of 7 Loft-Like Studios, 2 1-Bedroom apartment, and 3 2-Bedroom apartments - high-demand products in our booming rental market. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC and a 2014 ROOF all just off Mirror Lake, and just a few blocks to Central Ave make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a booming pocket of Downtown St Petersburg with multiple large projects going up 1 block away in multiple directions, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner. This area is IN HIGH-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for Tenants!! Walk to Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! 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!!! 1 unit available for showings currently - ontact Listing Agent today to schedule.
General Information
Sale Price: $2,500,000
Price/SqFt: $345
Status: Active
MLS#: U8244696
City: saint petersburg
Post Office: saint petersburg
County: Pinellas
Subdivision: park view rev map
Acres: 0.12
Lot Dimensions: 88 x 60
Bedrooms:7
Bathrooms:12
House Size: 7,252 sq.ft.
Acreage: 0.12 est.
Year Built: 1901
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Brick
Garage: No
Construction: Block, Other, Stucco
Exterior Misc: Courtyard
Basement: No
Foundation : Other, Stem Wall
Appliances: Dryer, Range, Refrigerator, Washer
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $16,880
Legal Description: PARK VIEW REVISED MAP N 88FT OF LOT 4 & N 88FT OF E 10FT OF LOT 3
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Adam Yore of RE/MAX PREFERRED, Phone: 727-367-3636
