109 14th Avenue
SAINT PETE BEACH, FL 33706

Description

Incredible beach lifestyle opportunity with Single family beach house and luxury triplex (cottage & 2 flats)! You can have it all! Live on the beach and run your own profitable micro-resort in Pass-A-Grille, the southernmost part of St. Pete Beach. This rare investment opportunity includes two adjacent 50 x100 lots. The first site has 3 income producing units with a highly coveted resort license and a NOI of approximately $115,000.00. The attached parcel, 107 14th Ave., features a charming, newly renovated 2 bed, 1 bath spacious home, known as the Innkeepers House. Room for a pool! Steps from the white sand beaches of the Gulf of Mexico. Live in the Innkeepers House while you manage your income producing triplex next door! The triplex features three 1 bed/1 bath units including two well-appointed flats and one large convertible with den. All units have been tastefully updated with newer kitchens and baths. Ability to operate from out of state and continue with the bookings! The seller has been operating this investment utilizing online bookings and a fully automated check-in and checkout process.109 14th Ave. Triplex offered at $1,499,000.00 and 107 14th Ave. Innkeeper's House offered at $829,000.00, for a total purchase price of $2,328,000. Innkeeper's House can be sold separately, (MLS# U8048064).

Details

MLS#U8045761
Sub-TypeResale
StatusPending
Year1948
Days On Site59

Features

SQ Feet2,041
Units3
Building(s)2

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Area Information

StateFL
CountyPinellas
CitySAINT PETE BEACH
Zip Code33706
Area33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Listing VS Median (in 33706)
Price:
$2,328,000
low | high
Med:
$432,450
100% of Average
SqFt:
2,041
low | high
Med:
1,015
100% of Average
$ / SqFt:
$1,141
low | high
Med:
$435
100% of Average
On Site:
59
low | high
Med:
186
31.720430107527% of Average
Listing Updated: 07/16/2019
MLS Number: U8045761
Listing Provided By:
Alexis Logan  of  BARKETT REALTY

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