Description

Welcome to 1014 12th Ave N in lovely St.Petersburg on the Gulf Coast of Florida. This 8 unit apartment building is currently and historically been rented at 100% capacity during this sellers ownership. In 2015 over half a million dollars was spent on a total renovation with new roof, windows, and completely all new electric and plumbing 100% throughout. Each unit comes complete with tile, ceiling fans, full sized, stainless steel appliances, and PTAC air conditioning/heating units . Rents average $1,000 depending on the 3 configurations for apartments. We have 4 studios, 3 1 bedrooms and a 1 bed w/ an additional room. There is cable service in all the units and a central modem for wifi internet. Housekeeping for common areas every 2 weeks. This building has an actively monitored fire alarm and sprinkler system, on site laundry and outside mailboxes. There are 4 off street parking spaces and on-site owner storage with locking owners closet inside , attic storage space and locking space underneath walk-in storage area for garden tools, and other supplies. It has always been a non-smoking building and no pets. Managed by owners less than a mile away, it receives quarterly pest and rodent control. Your new apartment building sits in a highly desirable part of St.Petersburg in a neighborhood called Euclid/St.Paul. Its an upscale neighborhood with historic bungalow homes and more than a couple million dollar homes. Augusta brick streets and an oak tree canopy line this neighborhood just north of Downtown St.Pete. Its also home to St.Pauls Catholic Church and Private School. Conveniently located near 2 interstate on-ramps, you have quick access to Tampa International Airport, Sarasota to the south, the Gulf Beaches, and the Whole Tampa Bay Area. Its just a few short blocks to Crescent Lake Park comprising a 1.4 mile walking path, pickleball and tennis courts, a dog park and playground. Its less than a mile to Central Avenue, Downtown St.Pete and all the amenities this thriving midsized town can offer, including the new Pier District. The bordering Economic Opportunity Zone, Pinellas tract 216 named Tropican Field is set to bring a lot of new business and housing demand to an already popular area. One way to see this areas recent progress is to compare the 2016 Walk Score Index of Location Walkability of 43% compared now to a score of 73%. This location next to downtown is certainly taking off. Existing area amenities include Publix, Trader Joes, Fresh Market, a movie theater and library, and over 26 restaurants with 2.5 miles. Five minutes to the Sunshine Skyway bridge, 20 minutes to beautiful Gulf of Mexico Beaches. As St.Petersburg beefed up its Green bonafides, youll find a bike share location 2 blocks away that you can take to the Rails to Trails Pinellas Trail where you can bike, run, or rollerblade your heart away.

Details

MLS#U8092987
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1927
Days On Site80

Features

SQ Feet4,224
ZoningMULTI <10
Acreage0.12
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Area Information
StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33705
Area33705 - St Pete
Listing VS Median (in 33705)
Price:
$900,000
low | high
Med:
$239,000
100% of Average
SqFt:
4,224
low | high
Med:
695
100% of Average
$ / SqFt:
$213
low | high
Med:
$344
11.396642685851% of Average
On Site:
80
low | high
Med:
48
100% of Average
Listing Updated: 09/29/2020
Jack Schramm LogoMLS Number: U8092987
Listing Provided By:
Jack Schramm  of  RE MAX METRO

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