$475,000
$450,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 03/23/2022
Key Details
Sold Price $475,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Caledonia Sub
MLS Listing ID U8139249
Sold Date 03/23/22
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Annual Tax Amount $5,075
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 135x100
Property Description
This lot is currently being operated as a used car dealership tenant. The tenant is paying $3,500/mo. in rent. The lot is zoned C2 - General Commercial and can accommodate multi-family, medical suites, retail, etc.
Located on 49th St with a heavy traffic count of 28,000 vehicles passing by each day. This is a great opportunity to come in and get an easy rental income at an almost 10% cap rate or redevelop the land into a multi-family, medical offices or any other type of commercial property you'd like. Please do not disturb tenants when driving by to view lot. Located immediately South of the intersection of 49th St & 46th Ave. Easily accessible to I275, 34th St and a quick jaunt to downtown St. Pete.
Location
State FL
County Pinellas
Community Caledonia Sub
Zoning C-2
Direction N
Exterior
Utilities Available Public
Building
Lot Description Buildable, Curb and Gutters, In County, Paved, Unincorporated
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Construction Status Appraisal,Financing,Inspections
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with MC HOMES REALTY INC