200-210 16th St N
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200-210 16th St N
3,700 SF 100% Leased Retail Building Saint Petersburg, FL 33705 $3,450,000 ($932/SF)
Investment Highlights
- Ideal for multi-family redevelopment up to 25 stories.
Executive Summary
Prime Investment Opportunity! Recently appraised at $4.5 million. Zoning - DC2 and falls within "Live Local" potential. Have had hotel contractors design 160 key build. Beautiful lot with creek running through it. Very suitable for breweries, and outdoor activities or potential for 25-story multi family. Property is in great condition with lush landscaping - fruit trees, palms, and Zoysia grass. Owner currently parks cars for Rays games and Tropicana events fitting 50 cars for additional revenue. Potential to build out in back area for potential live/work. Owner is looking to move back to Hawaii - please bring serious offers.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,700 SF
Building Class
C
Year Built
2020
Price
$3,450,000
Price Per SF
$932
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.56 AC
Opportunity Zone
Yes
Zoning
DC-2 - Allows for: Intense residential development such as high-rise apartment buildings, townhomes, hotels or condos. Base FAR of 3.0
Parking
20 Spaces (5.41 Spaces per 1,000 SF Leased)
Frontage
163 FT on 16th
Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (89)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 24-31-16-29718-007-0130 | Improvements Assessment | $255,393 |
Land Assessment | $1,044,607 | Total Assessment | $1,300,000 |
PROPERTY TAXES
Parcel Number
24-31-16-29718-007-0130
Land Assessment
$1,044,607
Improvements Assessment
$255,393
Total Assessment
$1,300,000
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200-210 16th St N
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