$475,000
$450,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
437 SqFt
SOLD DATE : 03/23/2022
Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 437 sqft
Price per Sqft $1,086
Subdivision Caledonia Sub
MLS Listing ID U8139339
Sold Date 03/23/22
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1949
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
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Senior Community No
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