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$1,500,000
232 Days Online

660 3rd Avenue S
St Petersburg, FL 33701

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
7,190
SqFt
$209
/SqFt
1940
Built
Subdivision:
Rev Map of St Petersburg
County:
Pinellas, FL

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Cash flowing Assisted Living Facility in the heart of downtown! Huge opportunity to purchase this fully occupied assisted living facility in one of the 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% cap rate! 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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Listing Snapshot
Price
$1,500,000
Days Online
232 Days
Bedrooms
N/A
Inside Area (SqFt)
7,190 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1940
MLS Number
W7826916
Status
Active
Property Tax
$10,212
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
8 months agoListing first seen online
General Features
Listing Terms
CashConventionalOther
Foundation
BasementCrawlspaceSlab
Interior Features
Cooling
Central Air
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Exterior Features
Waterfront
No
Listing courtesy of INVESTMENT FLORIDA REALTY LLC



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 consumer 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 at: 2021-05-15 12:30 AM EDT

Neighborhood & Commute
Source: Walkscore
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