Skip To Content

308 Grove Street N

Saint Petersburg, FL 33701
  • $2,500,000
  • STATUS: Active
  • ON SITE: 194 Days
  • ID#: U8244696
UPDATED: 54 min ago
$2,500,000
  • 7
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,252
    SQFT
  • $345
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1901
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator




© 2024 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 2024-12-12T10:45:54.407.
www.swflregroup.com/homes/151172547
Print Image

308 Grove Street N Saint Petersburg, FL 33701

  • Price: $2,500,000
  • Status: Active
  • On Site: 194 Days
  • Updated: 54 min ago
  • ID#: U8244696
7
Beds
0
Baths
0
½ Baths
0.12
Acres
7,252
SQFT
$345
$/SQFT
1901
Built
Neighborhood:
Park View Rev Map
County:
Pinellas
Area:
St Pete
Property Description
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.
Exterior Features

Additional Water Information Partial View of Mirror Lake from a couple of units. Carport Yn No Construction Materials BlockOtherStuccoWood Frame Exterior Features Courtyard Foundation Details OtherStem Wall Lot Features City LotNear MarinaNear Public TransitSidewalk Lot Size Dimensions 88 x 60 Pool Private Yn No Road Surface Type Brick Roof OtherShingle View CityGardenPark/Greenbelt Water Access Yn No Water Extras Yn No Water View Lake Water View Yn Yes Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DryerRangeRefrigeratorWasher Building Area Total 8292 Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Yn No Flooring Ceramic TileLaminateVinylHardwood Heating BaseboardWall Units / Window Unit Heating YN Yes Interior Features Ceiling Fan(s)High Ceilings Laundry Features Laundry Closet Sewer Public Sewer Water Source Public

Property Features

Annual Expenses 69000 Annual Net Income 148644 Association Yn No Cdd Yn No Est Annual Market Income 239304 Flood Zone Code X Garage Yn No Listing Terms CashConventional New Construction Yn No Ownership Fee Simple Property Sub Type Multi Family Realtor Info As-IsNo Sign Security Features Security Gate Senior Community Yn No Special Listing Conditions None Tax Annual Amount 16879.91 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedSewer ConnectedWater Connected


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of RE/MAX PREFERRED: 727-367-3636.



© 2024 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 2024-12-12T10:45:54.407.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8244696-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8244696-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8244696-2.jpg
Logo
Southwest Florida R.E. Group LLC | Realty Once Group MVP
1495 Pine Ridge Rd #1
Naples FL, 34109