540 14th Street N, St Petersburg, FL 33705

$4,500,000
23
BD
26
BA
70,480
SqFt

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List Price
$4,500,000
Status
Active
Days on Market
256
Price Change
▲ $850,000 1773002601
MLS#
TB8429450
Property Style
Multi-Family 5+
Year Built
1977
Bedrooms
23
Bathrooms
26
Living Area
70,480
Lot Size
70,480
Acres
1.62
Total Acreage
1 to less than 2
Legal Subdivision Name
Bon Air
MLS Area Major
St Pete

Property Description

ENTIRE BLOCK FOR SALE. 1.67 acres including 14k sqft office buildling and value add 18 Units in Downtown St Petersburg. 100% occupied with high rents with annual gross of $323,604. Office buildling is presently vacant. Property consists of 4 two bedroom apartments, 4 single family two bedroom homes, 3 studio apartments and 7 one bedroom apartments. Also included in the sale would the lot located between units 610 14th Street and 544 14th St N. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15-20% below market with 60 day termination clauses.

Additional Information

Annual Gross Income
323604
Community Features
No Deed Restriction
Zoning
CRT-1, NSM1
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Utilities
BB/HS Internet Available, Private, Public
Heating
Electric
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Frame
Exterior Features
Sidewalk
Roof
Shingle
Foundation
Block, Crawlspace
Pool
No Pool
Flood Zone Code
X
Parcel ID
13-31-16-10062-000-0680
Legal Description
BON AIR LOTS 68 THRU 72

Listing courtesy of ELITE TAMPA BAY REALTY LLC. 844-354-8373

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