425 3RD Street North, Saint Petersburg, FL 33701 | Listings

425 3RD Street North, Saint Petersburg, FL 33701

  • $899,000
  • 3,812 sq ft
  • Year Built: 1925
  • Commercial
  • Listing #U8037594

Property Description

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.

Listing Details

Price$899,000
Year Built1925
Property TypeCommercial
Listing #U8037594
StatusActive
CountyPinellas
Listing TypeFor Sale
Property Taxes (Annual)$10,314

Interior Features

Square Feet3,812
Heating and CoolingWall/Window Unit(s)

Exterior Features

Lot Size0.07 acres

Miscellaneous

MLS Area33701 - St Pete

Courtesy of Steve Coderre, Coderre R E & Development Llc

Pinellas SuncoastIDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listing Information ©2019 My Florida Regional MLS DBA Stellar MLS
This content last updated on 7/16/2019 11:23 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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