Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Lot Size: | 0.2 Acres |
Financials
Price:$1,150,000
Annual Taxes:$6,398.15
Listing Courtesy of SMITH & ASSOCIATES REAL ESTATE
Rare opportunity to acquire a fully leased boutique medical and aesthetic suite property with real estate in one of the most desirable corridors in St.
Description
Rare opportunity to acquire a fully leased boutique medical and aesthetic suite property with real estate in one of the most desirable corridors in St. Petersburg. This turnkey investment offers stable in-place income with significant upside potential, ideal for both investors and owner-users. The property generates approximately $150,000 in annual gross income with a projected NOI of $116,000, representing an attractive 10% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.
Amenities
- Accessible Approach with Ramp
- Accessible Common Area
- Accessible Entrance
- Accessible Hallway(s)
- Bathrooms
- Bb Hs Internet Capable
- Closed Circuit Camera(S)
- Common Lighting
- Double Pane Windows
- Dryer
- ENERGY STAR Qualified Windows
- Fencing
- Fire Alarm
- Fire Hydrant
- Furnished
- Insulated Windows
- Kitchen Facility
- Landscaped
- Near Public Transit
- On Site Shower
- Outside Storage
- Paved
- Public
- Ramp
- Refrigerator
- Seating
- Security System
- Security System Owned
- Shutters
- Sidewalk
- Smoke Detectors
- Storm Window(s)
- Street Lights
- Tinted Windows
- Trash Removal
- Visitor Bathroom
- Waiting Room
- Washer
- Water Connected
- Window Treatments
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
