Homes for sale - 1401 5TH AVE N, St Petersburg, FL 33705

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Austin Barton

austin.barton@evusa.com +1(813) 758-9666

$ 4,999,000

Est. payment | -/mo

70,480 SqFt

Save

$ 4,999,000

Est. payment | -/mo

Save

70,480 SqFt

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

Listed by ELITE TAMPA BAY REALTY LLC

+1(239) 789-7106

leisa.erickson@engelvoelkers.com

102 2nd Ave NE, St Petersburg, FL, 33701, USA

1401 5TH AVE N St Petersburg, FL 33705