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$5,200,000 • living size area 29162 sqft
Location, location, location, downtown st petersburg became the heaven of pinellas county, so well known nationwide, it is an american dream to own peace of dimond in the heart of the county, 70 units, block concrete, rented $250/week, 100% occupancy, a money maker with 4cop license in place, who loves easy money without the headache of the hotel, he will love this property, go play golf, enjoy life and enjoy the green cash, such a great property on great location with a large future after the revolution of the projects in downtown st pete, all rentals weekly almost permanent tenants, paying you on time, don't worry about high season or low season, you sold out, stability, of the income with peace of mind, makes this property a unique hotel, the tenants take care of the rooms, mostly no services needed, 70-74 units, weekly rent an average $250/week/room. with today market, hard to find the property with cap rate 13%., + more retail rented on the frontage of the hotel.showing by appointment only, do not go or talk with no one except the listing agent.Commercial -
S, ST PETERSBURG, FL 33701
Date Sold 03-02-2018
Sold Price$4,600,000 Asking Price$5,200,000
- Living 29162sqft
- Lot size 16108sqft
- Taxes: Register to see
- Year Built 1929
-
Days on market:
122 day(s) Original Price:
$5,200,000-
Price per sqft:
$178.31 Tax Legal Description:
REV MAP OF ST PETERSBURG BLK 50, LOTS 17,18,19 AND 20Tax Year:
2016-
MLS:
U7818122 -
Property Type:
Commercial
Construction Type:
BrickBlockConcreteCombinationSpecial Listing Conditions:
NoneLot Features:
Central Business District Corner LotCity Lot Historic District