MLS® ID: U8039543

550 COREY AVENUE

ST PETE BEACH, Florida, 33706

$1,799,000 Active
  • 5584 SQFT
This is a 14 unit motel/hotel complex with 7 large and 4 small efficiency units, one 1B/1Band two 2B/2B units surrounding a large, refreshing pool. The property is located within the quaint Corey Avenue District of the upscale St Pete Beach area. The beaches are just a short distance from the property, you can smell the ocean breeze coming in from the end of the street. Renters will enjoy the trendy restaurants and other local establishments. The Marina is also close by for boat lovers. The current owner has established relationships with local service industry professionals that rent long term which has kept vacancy rates very low. The current owner/manager will provide current financials and has offered to either train the new owner or stay on to manage the property. Please visit the St. Pete Beach web link on this listing to see the Corey Avenue District Plan for a more vibrant downtown community. Also see Pass-a-Grille Reconstruction project and other current city projects.
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Listing courtesy of KELLER WILLIAMS GULF BEACHES

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    33706
  • Office name
    KELLER WILLIAMS GULF BEACHES
  • Subdivision
    ST PETERSBURG BEACH REP
  • SQFT
    5584
  • Bedrooms
    0
  • Property type
    Residential Income
  • Year built
    1951
  • Lot size
    0.25
  • Waterfront
    No
  • Heating
    Electric
  • Tax year
    2018
  • Agent name
    Mark Baserap
  • Tax amount
    $ 12209.0
  • Purchase Type
    Active
  • Price Range
    $1.75m-$2m
  • Square Feet Range
    5000-7000 sq ft.
  • Area
    33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
  • Year Built Range
    1989 (and earlier)
  • Office ID
    260032401
  • Agent ID
    260040107

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