Address
406 11TH AVENUE N St Petersburg, FL
Price
$ 1,600,000
Property Attributes
  • MLS#U8141671
  • TypePending
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete
  • NeighborhoodHARVEYS SUB
  • Zip33701
  • StyleMulti-Family
  • Year Built1938
  • Taxes$ 8982
  • Price$ 1,600,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6840
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
BARKETT REALTY
Data Source:
Stellar MLS
Property Description

Excellent Mixed-Use property in one of St. Pete's most coveted neighborhoods, Historic Uptown. This neighborhood is exploding due to the growth of and proximity to downtown St. Pete and the 4th Street Retail Corridor. Located one (1) tax lot off of the major retail hub (4th Street) with substantial parking, this property features two (2), two (2) story structures built in 1938 and 1953, respectively. The front building, ground floor unit is leased to a hair salon and the 2nd floor is leased to a tanning bed company. Both buildings are solid concrete block structures with flat roofs. The rear structure features three (3) studio style apartments and garage-like storage space. All commercial and residential units are individually metered for electric and there is one (1) water meter for the entire property. All of the in-place leases are below market rental rates and pose a value-add component with or without buyer putting cap-ex into the interior build-out, etc. All tenants are either month to month or have leases that expire in early 2022.

Price History
10/31/2021 Listed $1,600,000

General Features

Additional Parcels Y/N No
Association Y/N No
Building Area Units Square Feet
Carport Y/N No
City ST PETERSBURG
Construction Materials Block, Concrete, Stucco
Cooling Central Air, Wall/Window Unit(s)
County Pinellas
Days on Market 13
Directions From downtown St. Pete, head north of 4th St N. Turn left on 11th Ave N. On the south side of the street, two (2) tax lots off of 4th St N.
Exterior Features Lighting, Sidewalk, Storage
Flooring Concrete
Garage Y/N No
Grossincome 100194
Heating Central, Wall Units / Window Unit
Interior Features Open Floorplan
Lot Size Square Feet 6399
MLS Area 33701 - St Pete
New Construction No
Occupant Type Tenant
Ownership Fee Simple
Patio/Porch Features Covered, Patio
Private Pool No
Property SubType Multi-Family
Property Type Residential Income
Roof Built-Up
Senior Community Y/N No
Sewer Public Sewer
Standard Status Pending
Status Pending
Street Name 11TH
Subdivision Name HARVEYS SUB
Tax Annual Amount 8982.46
Tax Lot 23
Tax Year 2020
Terms Cash, Conventional
Total Number of Buildings 2
Total Units 5
Township 31
Unit Count 1
Utilities Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
View City
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8141671
Water Access YN No
Year Built 1938

Interior Features

Fireplace Y/N No
Flood Zone Code Zone x
Laundry Features In Garage
Living Area 6840
Living Area Units Square Feet
Livingareasource Public Records
Street Suffix AVENUE

Exterior Features

Building Area Total 6840
Foundation Details Slab
Lot Dimensions 50x128
Lot Features City Limits, Level, Sidewalk, Paved
Lot Size Acres 0.15
Parking Features Off Street, On Street, Open
Road Responsibility Public Maintained Road
Road Surface Type Brick, Gravel
Water Extras YN No
Water Source Public
Water View YN No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33701

Price
AVG $940K
$1.6M
Taxes
AVG $11,909
$8,982
Visits
AVG 130
15
Year Built
AVG 1982
1938
Walkscore
AVG 80
83
Data Provided by Walkscore ® not using MLS data

Your Agent

Geoffrey Fahey

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813-434-3675