1401 5TH AVE N new Save Request In-Person Tour Request Virtual Tour
St Petersburg,FL 33705
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 70,480 sqft
Price per Sqft $70
Subdivision Bon Air
MLS Listing ID TB8393672
Construction Status Completed
HOA Y/N No
Year Built 1977
Annual Tax Amount $87,000
Lot Size 1.620 Acres
Acres 1.62
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Entire block in downtown St. Petersburg Zoning CRT-1 & NSM-1. This property is right next door to St Anthony's Hospital, the #1 Hospital in St Petersburg and is listed in the top few Hospitals in the State. St Anthony's continues to grow and is completing a $158 Million expansion. We have allowed the contractors to use our parking lot for their vehicles. Facts of interest: 1- All property & buildings on 14th, from 5th Ave to 7th Ave. 2- The current annual income from the multifamily properties is $300k gross. 3- The office building has 14,000 sq Feet and a potential of $180,000 income when fully rented. 4- Almost 2 acres in prime downtown St. Pete core. You will see from the attached map that this collection of various properties is well situated for development. The property carries itself nicely until you are ready to develop it. It is only 3 minutes from the expressway entrance. St Petersburg is going through a major turn around at the moment and this city block, next to the hospital, has tremendous future possibilities. St Petersburg Florida is an exciting growing city. The city is needing apartments and condos. They also want to develop workforce housing as part of new projects. We are located on 14th Street North and the city is moving our way. This property is an opportunity to build next to one of the largest hospitals in Florida.
Location
State FL
County Pinellas
Community Bon Air
Area 33705 - St Pete
Zoning CRT-1, NSM
Direction N
Interior
Cooling Wall/Window Unit(s)
Exterior
Utilities Available Private,Public
Building
Foundation Block,Crawlspace
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Construction Status Completed
Others
Ownership Corporation
Acceptable Financing Cash,Conventional,Owner Financing
Listing Terms Cash,Conventional,Owner Financing
Special Listing Condition None