Address
660 3RD AVENUE S St Petersburg, FL
Price
$ 1,500,000
Property Attributes
- MLS#W7826918
- TypeIncome
- CountyPINELLAS
- CitySt Petersburg
- AreaSt Pete
- NeighborhoodRev Map Of St Petersburg
- Zip33701
- StyleMulti-Family
- Year Built1940
- Taxes10212
- Price$ 1,500,000
- Bedrooms14
- Full Bathrooms14
- Half Bathrooms0
- Sqr Footage7190
- Lot Size4,792 SqFt
Listing Provided Courtesy Of:
INVESTMENT FLORIDA REALTY LLC
Data Source:
Stellar MLS
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
| Construction Materials | Wood Frame |
|---|---|
| Cooling | Central Air |
| Exterior Features | Balcony, Fenced, Lighting, Other, Sidewalk |
| Heating | Central |
| Levels | Two |
| MLS Area | 33701 - St Pete |
| Property SubType | Multi-Family |
| Property Type | Residential Income |
| Roof | Shingle |
| Sewer | Public Sewer |
| Special Listing Conditions | None |
| Status | Active |
| Subdivision Name | REV MAP OF ST PETERSBURG |
| Terms | Cash, Conventional, Other |
| Total Num Buildings | 1 |
| Total Units | 18 |
| Township | 31 |
| Utilities | Cable Connected, Electricity Connected, Water Connected |
| Year Built | 1940 |
Interior Features
| Living Area | 7190.00 |
|---|---|
| Unit Count | 1 |
Exterior Features
| Foundation Details | Basement, Crawlspace, Slab |
|---|---|
| Lot Dimensions | 50x100 |
| Lot Size Acres | 0.11 |
| Lot Size Square Feet | 4992 |
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
Taxes
Visits
Year Built
Walkscore
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