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600 COREY AVE St Pete Beach, FL 33706
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Key Details
Sold Price $880,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,059 sqft
Price per Sqft $287
Subdivision St Petersburg Beach Rep
MLS Listing ID U8039544
Sold Date 11/22/19
Construction Status Inspections
HOA Y/N No
Year Built 1951
Annual Tax Amount $5,803
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 53x100
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.
Location
State FL
County Pinellas
Community St Petersburg Beach Rep
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Furnishings Negotiable
Fireplace false
Appliance Other
Exterior
Exterior Feature Balcony, Sidewalk
Utilities Available BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description FloodZone
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS GULF BEACHES