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711 3rd Ave S
Saint Petersburg, FL 33701
The Palm Bay Hotel/palm Bay Cafe · Hospitality Property For Sale
·
29,162 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1929/1975 |
| Building Class | C | Parking Ratio | 0.55/1,000 SF |
| Lot Size | 0.94 AC | Corridor | Interior |
| Building Size | 29,162 SF | ||
| Zoning | CBD-1, St. Pete - Commercial Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.94 AC |
| Building Size | 29,162 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1929/1975 |
| Parking Ratio | 0.55/1,000 SF |
| Corridor | Interior |
| Zoning | CBD-1, St. Pete - Commercial Business |
AMENITIES
- Restaurant
- On-Site Bar
ABOUT 711 3RD AVE S , SAINT PETERSBURG, FL 33701
, Location, Location, Location, Downtown St Petersburg became the Heaven of Pinellas County, so well known nationwide, It is an American Dream to own peace of Dimond in the heart of the County, 70 units, Block concrete, rented $250/week, 100% occupancy, a money maker with 4COP License in place, Who loves easy Money without the headache of the Hotel, he will love this property, go play golf, enjoy life and enjoy the green cash, such a great property on great location with a large future after the revolution of the projects in downtown St Pete, all rentals weekly almost permanent tenants, paying you on time, don't worry about high season or low season, you sold out, stability, of the income with peace of mind, makes this property a unique Hotel, the tenants take care of the Rooms, mostly NO services needed, 70-74 units, weekly rent an average $250/week/Room. With today market, hard to find the property with Cap Rate 13%., + more retail rented on the frontage of the Hotel.Showing by appointment only, do not go or talk with NO one except the listing agent. Easy to get there, from HWY 275 heading to Downtown St Pete, then to HWY 375 that end in Downtown, all the way to 4th St N turn right to 3rd Ave S turn right to address,
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,602,904 | |
| Land Assessment | $5,204,096 | Total Assessment | $8,807,000 |
PROPERTY TAXES
