ST PETERSBURG, FL 33711

Property

Ownership: Other
Type: Unknown
Lot Size: 1.3 Acres

Financials

Price:$6,750,000
Annual Taxes:$34,434.78
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of SMITH & ASSOCIATES REAL ESTATE

Independent Economy Hotel.

Description

Independent Economy Hotel. Exceptional Location, Prime Investment Opportunity, Highly visible, Easy Access, Pool, Gated lot, minutes from downtown Saint Petersburg and beaches. 65 keys of which 12 have kitchenettes. The 34th Street South corridor in St. Petersburg, Florida, particularly within the Skyway Marina District, is experiencing a significant transformation with numerous developments underway. 3,249 residential units have been constructed or are under construction. Additionally, a senior living community with 218 units, rooftop pool and auditorium is currently going through the entitlement process. Property is on 1.34ac with 23,712 of improvements. 2 story exterior corridor. 65 surface parking stalls. Zoned General Commercial. Prime location for redevelopment, Owner/Operator, Conversion, affordable housing. NO FINANCIALS AVAILABLE.

Amenities

  • City Limits
  • Common Lighting
  • Dumpsters
  • Fencing
  • Furnished
  • Janitorial Services
  • Landscaped
  • Microwave
  • Paved
  • Pool/Spa
  • Refrigerator
  • Sidewalk
  • Street Lights
  • Trash Removal
  • Waiting Room

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.