308 GROVE ST N

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.

MLS ID#

MFRU8244696

Price

$2,500,000

Status

Active

Bedrooms

8

Bathrooms

12

Full Baths

N/A

Half Baths

N/A

Square Footage

7,252 sqft

Acres

0.1200

Year Built

1901

Type

Residential Income

Subtype

Multi-Family

Style

N/A

Address

308 GROVE ST N

Subdivision

Park View Rev Map

City

Saint Petersburg

County

Pinellas

State

FL

Zip Code

33701

Senior Community

No

Amenities

N/A

Parking

N/A

View

No

Waterfront

No

Pool

No

Interior Features

Ceiling Fans(s), High Ceilings

Heating

Wall Units / Window Unit, Baseboard

Cooling

Wall/Window Unit(s)

Flooring

Ceramic Tile, Vinyl, Laminate, Wood

Fireplace

N/A

Stories

N/A

Appliances

Range, Refrigerator, Dryer, Washer

Exterior Features

Courtyard

Construction

Block, Stucco, Other, Wood Frame

Foundation

Stem Wall, Other

Roof

Shingle, Other

Fencing

N/A

Lot Features

Near Public Transit, City Limits, Sidewalk, Near Marina

Elementary

N/A

Middle

N/A

High

N/A

Date Listed

May 31, 2024

Days on Market

207

Zoning

N/A

Direction Faces

N/A

New Construction

No