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 PROPERTY Address Not Provided, MLS#TB8485256 - Commercial Sale
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Hardeep Kumar Yh

HR Moon Homes
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PRICED AT ONLY: $4,800,000

Address: Address Not Provided

Description

This property offers a unique investment opportunity in the heart of downtown St. Petersburg, Florida. Situated on 3rd Avenue North, the asset is currently configured as a Hotel/Motel with 21 licensed rental units, 20 guest units, and 1 unit for owner or employee. Total building area of approximately 6,891 square feet. The structure spans two stories and features a flat roof, concrete block and stucco exterior, and drywall interiors. The property sits on a 4,161 square foot lot with 40 feet of frontage and 100 feet of depth, providing excellent visibility and accessibility. It is located within a vibrant urban core surrounded by retail, dining, and cultural attractions, making it highly desirable for hospitality or redevelopment purposes. With its central location, proximity to major thoroughfares, and strong tourism demand in St. Petersburg, this property presents significant upside potential for investors seeking to reposition or continue operating in the hospitality sector.

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  • MLS#: TB8485256 ( Commercial Sale )
  • Street Address: Address Not Provided
  • Viewed: 26
  • Price: $4,800,000
  • Price sqft: $697
  • Waterfront: No
  • Year Built: 1937
  • Bldg sqft: 6891
  • Days On Market: 39

Description

This property offers a unique investment opportunity in the heart of downtown St. Petersburg, Florida. Situated on 3rd Avenue North, the asset is currently configured as a Hotel/Motel with 21 licensed rental units, 20 guest units, and 1 unit for owner or employee. Total building area of approximately 6,891 square feet. The structure spans two stories and features a flat roof, concrete block and stucco exterior, and drywall interiors. The property sits on a 4,161 square foot lot with 40 feet of frontage and 100 feet of depth, providing excellent visibility and accessibility. It is located within a vibrant urban core surrounded by retail, dining, and cultural attractions, making it highly desirable for hospitality or redevelopment purposes. With its central location, proximity to major thoroughfares, and strong tourism demand in St. Petersburg, this property presents significant upside potential for investors seeking to reposition or continue operating in the hospitality sector.
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Features
Building and Construction
  • Basement: Interior Entry
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Country: US
  • Legal Description: REV MAP OF ST PETERSBURG BLK 17, E 40FT OF N 1/2 OF LOT 6
  • Levels: Two
  • Area Major: 33701 - St Pete
  • Parcel Number: 19-31-17-74466-017-0060
  • Views: 26
  • Zoning Code: DC-1
Nearby Subdivisions
185 Mlk Street Condo   District Fla Corp Sub 1   Glovers Thos   Nortons Sub   St Petersburg Medical Complex   

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Hardeep Kumar Yh

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