600 COREY AVE, St Pete Beach, FL 33706 – U8039544

$880,000

Est. payment -/mo

$899,000

2.1%

Est.Price: ?

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3,059 SqFt

SOLD DATE : 11/22/2019

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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Ricardo Simon

ricardo.simon@lptrealty.com +1(407) 476-6263

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by KELLER WILLIAMS GULF BEACHES
Bought with KELLER WILLIAMS GULF BEACHES

"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."

+1(407) 476-6263

ricardo.simon@lptrealty.com