Address
177 DR MARTIN LUTHER KING JR STREET N #177 St Petersburg, FL
Price
$ 225,000
Property Attributes
  • MLS#T2928610
  • TypePending
  • CountyPINELLAS
  • CitySt Petersburg
  • AreaSt Pete
  • Zip33701
  • StyleRetail
  • Year Built1925
  • Taxes1867
  • Price$ 225,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage540
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
P. COLBY & COMPANY INC.
Data Source:
Stellar MLS
Property Description

MUST SELL - Cheaper then rent! Last unit of 6 - all others sold in St Pete’s hottest “affordable” area, which offers opportunity for affordable rents. Prior “Key West” style dessert cafe. The cafe buildout is complete turnkey and ready to open immediately. With thousands of dollars invested in upgrades to become a restaurant. Limited equipment included; grease trap, triple sink, hand sink, mop sink, new elec and plumbing. The new restaurant trend is smaller “To Go” style with limited inside and outside bistro seating. This unit offers it all at an affordable price. Investors dream come true possible 12%-15%+ Cap Rate.

Price History
5/9/2021 Listed $225,000

General Features

Business Type Commercial
Complex Development Name 185 MLK Street Condo
Condo Environment Yn Yes
Condo Fees 221
Condo Fees Monthly 221
Condo Fees Term Monthly
Construction Materials Block, Stucco
Electric 100 Amp Service
Floor Number 1
Flooring Concrete, Tile
Heating Heat Pump
MLS Area 33701 - St Pete
Parking Features Curb Parking
Pets Allowed No
Property SubType Retail
Property Type Commercial Sale
Roof Shingle
Special Listing Conditions None
Status Pending
Total Num Buildings 1
Township 31
Unit Number 177
Year Built 1925

Interior Features

Living Area 540.00
Numof Restrooms 1

Exterior Features

Building Area Total 620.00
Lot Features Central Business District
Lot Size Acres 0.09
Lot Size Square Feet 3718
Road Frontage Type Main Throrughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33701

Price
AVG $930K
$230K
Taxes
AVG $13,388
$1,867
Visits
AVG 165
126
Year Built
AVG 1989
1925

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