505 11th Ave NE | Saint Petersburg, FL 33701
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- LoopNet Team
505 11th Ave NE
Saint Petersburg, FL 33701
Cherry Hill Apartments · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Prime Class A+ Location in the Vibrant Old Northeast Neighborhood, Commanding the Highest Rents & Price/SF Sales in Pinellas County
- Perfectly Positioned Near Tampa Bay & NOT in a Special Hazard Flood Zone (Zone X) | Substantial Rental Upside Potential
- Positioned on a Corner Lot Providing Prime Future Redevelopment & Further Land Appreciation | Uniquely Equipped w/ 2 Garages
- All Units Significantly Updated During Ownership Tenure, Including Updated Kitchens, Bathrooms & Showers
- Tenants Paying Monthly Utility Reimbursement Fees for Water/Sewer/Trash & Separately Metered Electric Paid Direct to Utility Provider
- Within a 10-Minute Walk of Beach Drive, the New St Pete Pier, North Shore Park and Vinoy Park
PROPERTY FACTS
| No. Units | 6 | Building Size | 3,080 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1925/2019 |
| Building Class | C | Parking Ratio | 1.95/1,000 SF |
| Lot Size | 0.81 AC | ||
| Zoning | NT-3 - NT3 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 3,080 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1925/2019 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | NT-3 - NT3 |
PROPERTY TAXES
| Parcel Number | 17-31-17-03435-005-0070 | Improvements Assessment | $353,358 |
| Land Assessment | $706,642 | Total Assessment | $1,060,000 |
PROPERTY TAXES
Parcel Number
17-31-17-03435-005-0070
Land Assessment
$706,642
Improvements Assessment
$353,358
Total Assessment
$1,060,000
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