6 to 7 Unit Apt / Motel - St.Petersburg Beach - Retire and Live Off Rent $729,000
U7787220
526 COREY AVENUE - 6 to 7 unit apartment/motel, 1 bedroom/1 bath units zoned commercial...in the heart of St. Pete Beach "Redevelopment" area, 1 tenth of a mile to the Gulf of Mexico. Waterfront parks, restaurants/bars and stores. #1 $750 #2+3 $700 #4+5 $650 #6 $575 = $ 40,500 Tenants pay own electric Water is about $200 a quarter All management (Owner) Being all are one year leases,no need for on-site manager Units can be rented daily at $60-$100 if want....this would be QUITE an increase in revenue....with full occupancy at $60 a night = $131,400 a year....in this case house would pay all utilities
Listing information
MLS® ID: U7787220
Status: Active
New Construction: No
Lot Area: 0.12
Style: Commercial
Stories: 0
Foreclosure: No
Lot Size: 50x108
Year Built: 1946
Parking Type Description: None 0 cars
Total Square Footage: 2,340 ($311.54 per sq. foot)
County: Pinellas
Features
Adjoining Property
Commercial, Hotel/Motel
Air Conditioning
Wall Units/Window
Availability COM
For Sale
County Or Parish
Pinellas
Floor Covering
Carpeted, Tile
Heating and Fuel
Wall Units / Window Unit
Location
Commerce Park
Miscellaneous
Cable, Furnished, Security Lighting, Sidewalks
Other
Auction YN - 0
Parking
6 to 12 Spaces
Property Status
Existing
Property Style COM
Apartments, Mixed Use, Motel/Hotel, Office
Property Type
Commercial
Property Use
RETAIL COMMERCIAL
Road Frontage
County Road
Roof
Shingle
