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    660 3RD Avenue S

    St Petersburg, FL 33701
    • $1,500,000
    • STATUS: Active
    • ON SITE: 61 days
    • MLS #: W7826918
    UPDATED: 40 min ago
    $1,500,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,190
      SQFT
    • $209
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    Cash flowing Assisted Living Facility in the heart of downtown! Huge opportunity to purchase this fully occupied assisted living facility in one ofthe best areas of downtown St Pete. Netting over $115,000 annually, with room for growth in the next year, this property offers a 7.7% caprate! In fantastic condition, little maintenance is needed. Currently 14 bedrooms, each with their own private bath. As per owner, the facility has the possibility of being increased to over 18 residents as some of the bedrooms are big enough for double occupancy; would just require an application to the state and an approval for the increase.

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    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-11-24T23:40:22.073.
    www.memoryhopkinsrealestate.com/homes/110351681
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    660 3RD Avenue S St Petersburg, FL 33701

    • Price: $1,500,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: W7826918
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    7,190
    SQFT
    $209
    $/SQFT
    1940
    Built
    Neighborhood:
    Rev Map Of St Petersburg
    County:
    Pinellas
    Area:
    St Pete
    Property Description
    Cash flowing Assisted Living Facility in the heart of downtown! Huge opportunity to purchase this fully occupied assisted living facility in one ofthe best areas of downtown St Pete. Netting over $115,000 annually, with room for growth in the next year, this property offers a 7.7% caprate! In fantastic condition, little maintenance is needed. Currently 14 bedrooms, each with their own private bath. As per owner, the facility has the possibility of being increased to over 18 residents as some of the bedrooms are big enough for double occupancy; would just require an application to the state and an approval for the increase.
    Exterior Features

    Carport Yn No Construction Materials Wood Frame Exterior Features BalconyFencedLightingOtherSidewalk Foundation Details BasementCrawlspaceSlab Lot Size Dimensions 50X100 Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air Fireplace Yn No Heating Central Levels Two Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 115000.00 Association Yn No Cdd Yn No DPR No Flood Zone Code X Garage Yn No Listing Terms CashConventionalOther New Construction Yn No Property Sub Type Multi-Family Senior Community Yn No Special Listing Conditions None Tax Annual Amount 8946.16 Tax Year 2019 Total Num Buildings 1 Utilities Cable ConnectedElectricity ConnectedWater Connected


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Investment Florida Realty Llc.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-11-24T23:40:22.073.
     
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