7321 1ST AVENUE
ST PETERSBURG, FL 33707

Property

Ownership: Other
Type: Unknown
Area: 1825 sq ft
Lot Size: 0.2 Acres

Financials

Price:$790,000
Annual Taxes:$7,220.77
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of RE/MAX ACTION FIRST OF FLORIDA

PRIME 1031 CANDIDATE ! ! Possible medical redevelopment site.

exsiting office building

exsiting office building

exsiting office building
Location of existing building.  Adjoining 2 lots also available for purchase
Lobby/Reception area
Lobby/Reception area
downstairs offices
Upstairs office
upstairs office
Upstairs bonus area deck - not under AC
Oversized 2 car garage
Oversized 2 car garage
Fenced rear area with alley access
back of lot leading into alley
12 unit townhome rendering
12 unit townhome rendering
overhead view 12 unit townhome rendering
exsiting office buildingLocation of existing building.  Adjoining 2 lots also available for purchaseLobby/Reception areaLobby/Reception areadownstairs offices

Description

PRIME 1031 CANDIDATE!! Possible medical redevelopment site. Possible residential redevelopment site. Back on the market through no fault of the seller. A two-story office building with industrial 2 car garage on 0.17 acre lot with option to purchase two contiguous lots (0.17 acres each in size) for a total of 0.54 acres, all zoned CRT-1. The two contiguous lots are cleared and graded. The existing building is perfectly suited for companies with trucks and/or heavy equipment, such as HVAC, plumbing, or general contracting firms in need of office space, fenced outdoor storage, indoor storage areas, and high-ceiling garage bays. Its upstairs bonus space can support a multitude of venue purposes. There are a total four (4) office spaces and two (2) bathrooms plus lobby/reception area. The alley running behind both the building and the lots can accommodate a variety of uses for either the office or the residences. This is also a unique turnkey investor opportunity in sought-after St. Petersburg along a well-traveled corridor, complete with plans, renderings, and permitting to construct a total of 12 open-concept townhomes which would require all three lots and the demolition of the existing building. Townhome concept is three-story, three-bedroom, two-full-bath, and two-half-bath townhomes with optional private elevators that traverse all floors, from the rooftop terraces to the kitchens and down to the two-car garages. Situated along a picturesque bike trail, this ideal parcel is one block from Sunset Park, the Treasure Island Causeway, and unparalleled beaches to the west, while just 15min drive to downtown St. Pete's restaurants, and retail. Both vacant lots are being advertised separately under MLS #’s TB8470017 and TB8470032.

Amenities

  • Bathrooms
  • Blinds
  • Electricity Available
  • Extra Storage
  • Fencing
  • Landscaped
  • Outside Storage
  • Paved
  • Public
  • Reception
  • Sidewalk
  • Water Connected

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.