Sarasota's Premier Homes

308 GROVE STREET N

ST PETERSBURG , FL 33701

MLS#: U8244696

$2,450,000

Status: Closed
Listing number: U8244696
Listing provided by: RE/MAX PREFERRED
Listing agent phone: None
Last update: 2 months ago
On site: 1 year, 2 months ago
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PARK VIEW REV MAP - Residential Income

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1901

Sq.Footage

7,252

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 - contact today to schedule.

Features & Amenities

Interior

  • Other Interior Features

    High Ceilings

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Baseboard, Ductless

Exterior

  • Garage

    No

  • Construction Materials

    Block, Other, Stucco, Frame

  • Other Exterior Features

    Courtyard

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Lake, Water, City, Garden, Park/Greenbelt

Area & Lot

  • Lot Features

    Near Public Transit

  • Lot Size(acres)

    0.12

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $2,450,000

  • Tax Amount

    16879.91

  • Sq. Footage

    7, 252

  • Price/SqFt

    $337

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Other

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Adam Yore , RE/MAX PREFERRED

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Agent MichaelGraf

Business Coach | Executive Sales Associate | Realtor®

MichaelGraf

Call Michael today to schedule a private showing.

(941) 315-6980

michael@thegrafgroupvip.com


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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 - contact today to schedule.

308 GROVE STREET N

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