308 Grove Street N, St Petersburg, FL 33701

$2,500,000
7
BD
7,252
SqFt
List Price
$2,500,000
Status
Active
Days on Market
54
MLS#
U8244696
Property Style
Multi-Family
Year Built
1901
Bedrooms
7
Living Area
7,252
Lot Size
5,218
Acres
0.12
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Park View Rev Map
MLS Area Major
St Pete

Property Description

PRIME OPPORTUNITY to acquire a 12 UNIT property in the booming MIRROR LAKE area of DOWNTOWN ST PETERSBURG proper!!! Walkable to all of the in demand destinations downtown St Pete this is a GREAT UNIT MIX of 7 Loft-Like Studios, 2 1-Bedroom apartment, and 3 2-Bedroom apartments - high-demand products in our booming rental market. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC and a 2014 ROOF all just off Mirror Lake, and just a few blocks to Central Ave make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a booming pocket of Downtown St Petersburg with multiple large projects going up 1 block away in multiple directions, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner. This area is IN HIGH-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for Tenants!! Walk to Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! 1 unit available for showings currently - ontact Listing Agent today to schedule.

Additional Information

Taxes
$16879
Location
City Limits, Near Marina, Near Public Transit, Sidewalk
Community Features
No Deed Restriction
Property Description
Walk-Up
Interior Layout
Ceiling Fans(s), High Ceilings
Interior Features
Ceiling Fans(s), High Ceilings
Floor
Ceramic Tile, Laminate, Vinyl, Wood
Appliances
Dryer, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Baseboard, Wall Units / Window Unit
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block, Stucco
Exterior Features
Courtyard
Roof
Shingle
Foundation
Stem Wall
Pool
No Pool
Water View
Lake
Flood Zone Code
X
Parcel ID
19-31-17-66528-000-0040
Legal Description
PARK VIEW REVISED MAP N 88FT OF LOT 4 & N 88FT OF E 10FT OF LOT 3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX PREFERRED.

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