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425 3RD STREET N

Commercial Recently Sold
$825,000

BTC: 9.92302141

ETH: 311.32075472

Sold on: 2020-08-28
368 days
0 room(s)
3,812 sqft

Overview

Location, Location, Location!!! Great 1031 and future redevelopment opportunity. This exceptional property offers a 5-7% cap rate which is outstanding for this market. The property, location and DC-2 Zoning offer an array of income possibilities that are only limited by your creativity. It is currently being operated as a fully furnished and appointed short term rental; however, it can be used for long term rentals, office, or retail. Many updates including new windows, kitchens, bathrooms, paint, updated electrical and plumbing systems. Located across the street from the Palladium and four blocks from Beach Dr. and the world renowned Vinoy Resort and Yacht Basin. Zoned DC-2, this district provides for intense residential and commercial development that still allows for a mixture of uses that enhance and support the core and surrounding neighborhoods. Owner is a licensed Florida Real Estate Broker.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1925
Lot:
0.07 Acres
Heating:
No Data
Price/sqft:
$262
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Highlights

Annual tax
$10,455
2019
All facts and features
  • Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.07 Acres

    Other Property Information

    • Parcel Number: 193117744660040092

  • Type and style

    • Property Type: Commercial Sale

  • Other financial information

    • Annual tax amount: $10,455

  • Source details

    • MLS ID: U8037594

    Other facts

    • Construction Materials: Block / Stucco

    • Living Area: 3812

    • Subdivision Name: REV MAP OF ST PETERSBURG

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CODERRE R E & DEVELOPMENT LLC