Address: 1624 & 1700 4th Street S, ST PETERSBURG, FL 33701
Description
This three building, 10 unit, 18,000 +/ sqft property is a rare find in the St Petersburg area. Located directly on 4th St S to the front and Salt Creek to the back makes this a very high profile opportunity. This waterfront property has been updated and is almost fully occupied. With little to no immediate competition in the area this property will be a strong asset for years to come. The concrete block construction and multiple streams of income makes this gem a worry free investment opportunity for both a hands off investor or owner user. Pinellas county is the most densely populated county in the state of Florida with Clearwater being one of the top 5 tourist destinations in the state. Gross increases in population and economic climate make Clearwater and Pinellas County one of the fastest growing and most stable municipalities in Florida. Honeywell, Duke Energy, Bank America and General Electric all have regional headquarters in the area along with the Tampa Bay Buccaneers, Rays, Lightning and rowdys professional sports teams.
This three building, 10 unit, 18,000 +/ sqft property is a rare find in the St Petersburg area. Located directly on 4th St S to the front and Salt Creek to the back makes this a very high profile opportunity. This waterfront property has been updated and is almost fully occupied. With little to no immediate competition in the area this property will be a strong asset for years to come. The concrete block construction and multiple streams of income makes this gem a worry free investment opportunity for both a hands off investor or owner user. Pinellas county is the most densely populated county in the state of Florida with Clearwater being one of the top 5 tourist destinations in the state. Gross increases in population and economic climate make Clearwater and Pinellas County one of the fastest growing and most stable municipalities in Florida. Honeywell, Duke Energy, Bank America and General Electric all have regional headquarters in the area along with the Tampa Bay Buccaneers, Rays, Lightning and rowdys professional sports teams.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 10300.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Office Only, Other
Road Frontage Type: City Street
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 195000.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: BAYBORO BLK 8, S 36FT OF W 100FT OF LOT 3 & N 40FT OF W 120 FT OF LOT 4
Yellowtail is proud to offer this rare opportunity. Welcome to 532 Beach Drive NE, St. Pete, FL a historical gem in the heart of Downtown St. Petersburg! Nestled in the lively area, the "Beach Dr. I
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