526 COREY AVENUE, ST PETE BEACH, FL 33706
$650,000
Commercial 2,340 Square Feet Taxes: $5,661.00 Built in 1946 Listed on 08/04/2016 MLS # U7787220

Description of 526 COREY AVENUE, ST PETE BEACH, FL 33706

6 to 7 unit apartment/motel, 1 bedroom/1 bath units zoned commercial...in the heart of St. Pete Beach "Redevelopment" area, 1 tenth of a mile to the Gulf of Mexico. Waterfront parks, restaurants/bars and stores. #1 $750 #2+3 $700 #4+5 $650 #6 $575 = $ 40,500 Tenants pay own electric Water is about $200 a quarter All management (Owner) Being all are one year leases,no need for on-site manager Units can be rented daily at $60-$100 if want....this would be QUITE an increase in revenue....with full occupancy at $60 a night = $131,400 a year....in this case house would pay all utilities

Directions to 526 COREY AVENUE, ST PETE BEACH, FL 33706

Gulf Blvd to Corey Ave, West on Corey.

Features of 526 COREY AVENUE, ST PETE BEACH, FL 33706

Heating/Cooling

  • Window unit air conditioner

Lot

  • Lot acreage is: 0.12
  • Lot dimension is: 50x108
  • Lot has ocean access
  • Lot number: 5

Interior

  • Carpet
  • Furnished
  • Tile flooring

Roofing

  • Shingle roof

Utilities

  • Public sewer
  • Public water

Construction

  • Construction status: Existing

Other

  • Tax year: 2016

Mortgage Payments for 526 COREY AVENUE, ST PETE BEACH, FL 33706

The approximate monthly Principal & Interest payment for this property would be $3,228. This payment is based on a 30-year loan at a fixed rate of 3.89 % with a down payment of $65,000. Actual lender interest rates and loan programs may vary.

Use our Mortgage Payment Calculator to determine a more exact payment estimate.