Address
660 3RD AVENUE S St Petersburg, FL
Price
$ 1,500,000
Property Attributes
  • MLS#W7826916
  • TypeCommercial
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete
  • NeighborhoodRev Map Of St Petersburg
  • Zip33701
  • StyleBusiness
  • Year Built1940
  • Taxes8946
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7190
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
INVESTMENT FLORIDA REALTY LLC
Property Description

Cash flowing Assisted Living Facility in the heart of downtown! Huge opportunity to purchase this fully occupied assisted living facility in one of the best areas of downtown St Pete. Netting over $115,000 annually, with room for growth in the next year, this property offers a 7.7% cap rate! In fantastic condition, little maintenance is needed. Currently 14 bedrooms, each with their own private bath. As per owner, the facility has the possibility of being increased to over 18 residents as some of the bedrooms are big enough for double occupancy; would just require an application to the state and an approval for the increase.

Price History
9/24/2020 Listed $1,500,000

General Features

Business Type Assisted Living
Construction Materials Wood Frame
Cooling Central Air
MLS Area 33701 - St Pete
Property SubType Business
Property Type Commercial
Special Listing Conditions None
Status Active
Subdivision Name REV MAP OF ST PETERSBURG
Terms Cash, Conventional, Other
Total Num Buildings 1
Township 31
Year Built 1940

Interior Features

Living Area 7190.00

Exterior Features

Building Area Total 7190.00
Foundation Details Basement, Crawlspace, Slab
Lot Dimensions 50x100
Lot Size Acres 0.11
Lot Size Square Feet 4992
Road Frontage Type City Street, Other

Amenities

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

Property vs Zip Code Average in 33701

Price
AVG $970K
$1.5M
Taxes
AVG $7,325
$8,946
Visits
AVG 90
71
Year Built
AVG 1937
1940