308 GROVE STREET N SAINT PETERSBURG FL 33701 MLS #U8244696 | Gary Kusher | Florida Real Estate

308 GROVE STREET N
SAINT PETERSBURG, FL, 33701
$2,500,000
7 Beds
12 Baths
7,252 SqFt
0.12 Acres
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PRIME OPPORTUNITY to acquire a 12 UNIT property in the booming MIRROR LAKE area of DOWNTOWN ST PETERSBURG proper!!! Walkable to all of the in demand destinations downtown St Pete this is a GREAT UNIT MIX of 7 Loft-Like Studios, 2 1-Bedroom apartment, and 3 2-Bedroom apartments – high-demand products in our booming rental market. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC and a 2014 ROOF all just off Mirror Lake, and just a few blocks to Central Ave make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a booming pocket of Downtown St Petersburg with multiple large projects going up 1 block away in multiple directions, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner. This area is IN HIGH-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for Tenants!! Walk to Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it’s also just a short drive to our amazing BEACHES or downtown Tampa – truly something for everyone. Don’t wait – invest now in the future of St Pete!!! 1 unit available for showings currently – ontact Listing Agent today to schedule.

Property Details

Price:
$2,500,000
MLS #:
U8244696
Status:
Active
Beds:
7
Baths:
12
Address:
308 GROVE STREET N
Type:
Multi Family
Subdivision:
PARK VIEW REV MAP
City:
SAINT PETERSBURG
Listed Date:
May 31, 2024
State:
FL
Finished Sq Ft:
7,252
ZIP:
33701
Lot Size:
5,218 sqft / 0.12 acres (approx)
Year Built:
1901
Units:
12
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I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.

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Schools

Interior

Appliances
Dryer, Range, Refrigerator, Washer
Cooling
Wall/ Window Unit(s)
Flooring
Ceramic Tile, Laminate, Vinyl, Hardwood
Heating
Baseboard, Wall Units / Window Unit
Laundry Features
Laundry Closet

Exterior

Construction Materials
Block, Stucco
Exterior Features
Courtyard
Roof
Shingle

Financial

Buyer Agent Compensation
2.5%-395%
Tax Year
2023
Taxes
$16,880

Map

Community

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308 GROVE STREET N
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