$899,000

600 Corey Avenue

ST PETE BEACH FL, 33706

Description

This is a 7 unit motel/hotel complex with 6 efficiency units, one 1B/1Band. The property is located within the quaint Corey Avenue District of the upscale St Pete Beach area. The beaches are just a short distance from the property, you can smell the ocean breeze coming in from the end of the street. Renters will enjoy the trendy restaurants and other local establishments. The Marina is also close by for boat lovers. The current owner has established relationships with local service industry professionals that rent long term which has kept vacancy rates very low. The owner/manager will provide current financials and has offered to either train the new owner or stay on to manage the property. Please visit the St. Pete Beach web link on this listing to see the Corey Avenue District Plan for a more vibrant downtown community. Also see Pass-a-Grille Reconstruction project and other current city projects.

Details

MLS#U8039544
Sub-TypeResale
StatusPending
Year1951
Days On Site175

Features

SQ Feet3,059
Units7
Building(s)2

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Area Information

StateFL
CountyPinellas
CityST PETE BEACH
Zip Code33706
Area33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Listing VS Median (in 33706)
Price:
$899,000
low | high
Med:
$470,000
97.719688542825% of Average
SqFt:
3,059
low | high
Med:
1,120
100% of Average
$ / SqFt:
$294
low | high
Med:
$420
7.209399332592% of Average
On Site:
175
low | high
Med:
103
100% of Average
Listing Updated: 09/20/2019
MLS Number: U8039544
Listing Provided By:
Mark Baserap  of  KELLER WILLIAMS GULF BEACHES

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