526 Corey Avenue
St Petersburg Beach, Florida 33706
MLS #T2836365

Multi-Family
  • 6units
$650,000
Est. P&I payment: $2482.56/mo
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Description for 526 Corey Avenue, St Petersburg Beach, Florida 33706
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 $800 #6 $575 = $ 51,100 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. Rents reflect length of occupancy.
MLS #T2836365
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My Notes for MLS #T2836365

General Features

  • Property Type: Income
  • Property Style: Five or More
  • Lot Num: 5
  • Special Listing Type: Not Applicable
  • Special Sale Provision: None
  • Year Built: 1946
  • Total Num Buildings: 2
  • Total Units: 6

Exterior Features

  • Exterior Construction: Block
  • Exterior Features: Fenced,​Open Patio,​Outdoor Grill,​Utility Shed
  • Front Exposure: North
  • Roof: Shingle
  • Total Acreage: Up to 10,​889 Sq. Ft.
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5,350
  • Lot Dimensions: 50x108
  • Garage Carport: None
  • Garage Features: None
  • Pool: None
  • Water Access YN: 1
  • Water Access: Bay/Harbor,​Beach - Public
  • Water Name: BLIND PASS/ GULF OF MEXICO

Interior Features

  • Interior Features: Furnished
  • Sq Ft Heated: 2,340
  • Square Foot Source: Public Records
  • Num 1 Bed 1 Bath: 6

Utility Features

  • Utilities: Cable Available,​Public Sewer,​Public Utilities
  • Air Conditioning: Wall Units/Window
  • Heating and Fuel: Wall Units / Window Unit

Financial Features

  • Taxes: 5,661
  • Tax Year: 2016
  • HOA Common Assn: None
  • Total Monthly Rent: 4,800
  • Annual Gross Income: 51,100
  • Annual Net Income: 47,000
  • Avg Rent 1 Bed 1 Bath: 800
  • Est Annual Market Income: 70,000
  • Financing Available: Cash,​Conventional,​Other

Community Features

  • County: Pinellas
  • Township: 31
  • Legal Subdivision Name: ST PETERSBURG BEACH REP
  • Location: Street Paved
  • Community Features: Fitness,​Public Boat Ramp,​Tennis Courts,​Water Access,​Waterfront Complex
  • Housing For Older Persons: N/A

Miscellaneous Features

  • Legal Description: ST PETERSBURG BEACH REPLAT BLK 56,​ LOT 5
  • Block Parcel: 56
  • Parcel Number: 36-31-15-77994-056-0050
  • Plat Book Page: 5-28
  • Flood Zone Code: AE
  • Pets Allowed YN: 1
  • Range: 15

Location

 
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Directions to 526 Corey Avenue, St Petersburg Beach, Florida 33706
Gulf Blvd to Corey Ave, West on Corey.
The listing information for 526 Corey Avenue, St Petersburg Beach, Florida 33706 was graciously provided by our friends at the listing brokerage, Century 21 Beggins

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P&I Payment $2482.56
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Realty Professionals of Florida's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Realty Professionals of Florida, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Listing data provided by MFRMLS (My Florida Regional MLS)
Last Updated 08/23/2017 at 9:33am
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