Linda Foo - Coldwell Banker Tony Hubbard
7210 Gulf Boulevard
ST PETE BEACH, FL 33706

$2,300,000

Description

Existing income producing 10-unit multi-family asset provides cash flow to offset costs during development planning and preliminary site preparation. High visibility vacant corner lot with Gulf Blvd frontage. Commercial Corridor Gulf Blvd (CC-2) zoning allows for a wide range of commercial and residential development. Combined site size of 0.55 acres allows for a 40 ft building height and multi-family/vacation rental with the inclusion of ground floor office, commercial, restaurant or retail use. Robust traffic counts 28,500 average daily trips. In the heart of St. Pete Beach Gulf Blvd business and entertainment district with well-developed office, retail, restaurant, vacation, hospitality, and entertainment uses. Rare Development Opportunity in the center of St. Pete Beach Commercial Corridor Gulf Blvd District. Property has been combined into 1 parcel by current ownership to enhance development potential for buyer. Combined parcel exceeds the acre threshold necessary for mixed-use development and allows a wide range of uses includingretail, office, personal service business, veterinarian & dog grooming establishments, financial institutions, artist studios and galleries, grocery stores, pharmacies, markets, sales, rentals, and/or service of bicycles, mopeds, motorcycles, segways, and scooters, restaurant with indoor / outdoor seating on first floor and multi-family / hospitality / vacation up to a height of 40

Details

MLS#U7842301
StyleRetail
Sub-TypeResale
StatusActive
Year1935
Days On Site269

Features

SQ Feet6,200
Story(s)1

Market Activity 33706

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Area Information

StateFL
CountyPinellas
CityST PETE BEACH
Zip Code33706
Area33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Listing VS Median (in 33706)
Price:
$2,300,000
low | high
Med:
$419,950
100% of Average
SqFt:
6,200
low | high
Med:
1,271
100% of Average
$ / SqFt:
$371
low | high
Med:
$404
41.203031306597% of Average
On Site:
269
low | high
Med:
3.5
100% of Average
Listing Updated: 09/16/2018
MLS Number: U7842301
Listing Provided By:
Marc Pfleger  of  Rock Group Advisors LLC

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