805 4TH AVE N, St Petersburg, FL 33701 – U8139724

$2,200,000

Est. payment -/mo

$2,200,000

Est.Price: ?

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5,411 SqFt

SOLD DATE : 10/26/2022

Key Details

Sold Price $2,200,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,411 sqft

Price per Sqft $406

Subdivision Mitchells Sub Of Moffetts

MLS Listing ID U8139724

Sold Date 10/26/22

Construction Status Financing,Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1925

Annual Tax Amount $8,866

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 118x134

Property Description

Many possible opportunities for redevelopment. Property has DC-2 zoning. Currently operated as a 12 unit apartment building with two vacant adjoining lots. Four 1 bedroom units and eight studio units. All units have full kitchens. 1 bedroom units lease for $650 and should be leasing for $1000 plus per month and studio units lease for $550 to $625 per month and should be at $700 per month. All current leases are month to month, but most of the tenants have been long term occupants. Roof was replaced in 2020 and central air has recently been installed in two of the 1BR units. Electric has been updated and each unit is metered separately. Plumbing has also been updated. There is an alley right of way behind the property that runs parallel to the overpass. Many new residential developments in the immediate area. Only a few blocks North of the Central Avenue Edge District.

Location

State FL

County Pinellas

Community Mitchells Sub Of Moffetts

Zoning DT C2

Direction N

Interior

Heating Electric

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Vinyl

Appliance Refrigerator

Exterior

Utilities Available Public, Water Connected

Roof Type Shingle

Building

Story 2

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Asbestos, Wood Frame

New Construction false

Construction Status Financing,Inspections

Others

Ownership Corporation

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Ricardo Simon

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

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Listed by RE/MAX METRO
Bought with RE/MAX METRO

"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