St Petersburg, FL 33701,1219 DR MARTIN LUTHER KING JR ST N
St Petersburg, FL 33701,1219 DR MARTIN LUTHER KING JR ST N
St Petersburg, FL 33701,1219 DR MARTIN LUTHER KING JR ST N
St Petersburg, FL 33701,1219 DR MARTIN LUTHER KING JR ST N
St Petersburg, FL 33701,1219 DR MARTIN LUTHER KING JR ST N
St Petersburg, FL 33701,1219 DR MARTIN LUTHER KING JR ST N
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$709,000

$725,000

2.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,030 SqFt


SOLD DATE : 06/28/2021

Key Details

Sold Price $709,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,030 sqft

Price per Sqft $233

Subdivision East View Add

MLS Listing ID U8105657

Sold Date 06/28/21

Construction Status Inspections

HOA Y/N No

Year Built 1920

Annual Tax Amount $6,672

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50x123

Property Description

Ultimate Live/work/own investment asset in St. Petersburg, Florida. The property is located in the heart of the growth corridor surrounded by tremendous multi-million-dollar new construction assets. The property features a downstairs retail CBD store that just executed a 1-year extension of their lease. The upstairs unit is a extra Large 1 bedroom 1 bath rental or owners unit currently leased on a MTM basis. The unit has hardwood floors, updated windows, washer & dryer hook ups and is currently rented far under market rates.
The current owner has updated the Buildings has electrical systems and both units are on separate electrical meters, both units have central air (upstairs unit is 1 year old). Building exterior was painted two years ago. A New roof was installed 10 years ago. All Signage stays with property if CBD store lease is not renewed or chooses to depart property. Property has working landscape & lawn irrigation.
This property is well suited for an attorney, insurance agent/agency, architect or any similar professional that may want to live above his/her business or simply get a monthly return on investment via rent from upper residential unit.
Please DO NOT disturb tenants!

Location

State FL

County Pinellas

Community East View Add

Direction N

Interior

Cooling Central Air

Exterior

Utilities Available Public

Roof Type Shingle

Building

Story 2

Foundation Slab

Lot Size Range 0 to less than 1/4

Structure Type Block,Concrete

New Construction false

Construction Status Inspections

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Listed by RADIANT ASSET MANAGEMENT INC
Bought with COLDWELL BANKER RESIDENTIAL

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agent
John Reay

Group Founder / Realtor® | License ID: 3102687

+1(239) 356-1162

4636 SE 9th Pl, Cape Coral, FL, 33904, USA

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