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511 Ronald Regan Pkwy, #437 Loughman, FL 33858
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407-488-52475787-5793 54TH AVENUE N.Kenneth City, FL 33709ActiveVirtual TourSave
-1BD
0BA
3612SqFt
UPDATED
Key Details
Property Type Single Family Home
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,612 sqft
Price per Sqft $199
Lot Size 0.426 Acres
Year Built 1952
MLS Listing ID U8068027
HOA Y/N No
Total Fin. Sqft 19657
Property Description
Reduced nearly $50K! This property is an investor’s dream! This is a great opportunity to own a strip mall in St. Pete! Specifically includes 5787, 5789, 5791, 5793 54th Ave N and the neighboring lot, 5765 54th Ave N. The owner is turning 80 and looking to retire! His retirement is your gain as this strip mall is netting over 50k per year! Cap rate is about 7.5%. (See rent roll attached!) There are currently 3 tenants occupying 5 spaces, one of which is an empty lot. All of it is being sold together (2 parcels included in sale). All tenants have been there long-term and are on multi-year leases. Don’t miss out on this great opportunity!
Location
State FL
County Pinellas
Area 33709 - St Pete/Kenneth City
Direction Take exit 28 off of I-275 for FL 694 W toward Pinellas Park/Gandy Blvd. Merge onto Gandy Blvd. Take a left onto 49th St N. Turn right onto 54th Ave N.
Interior
Cooling Central Air
Building
Foundation Slab
Structure Type Block
Others
Senior Community No
Tax Amount $6,041
Tax Year 2020
Tax ID 33-30-16-00000-330-0700
SqFt Source Owner
Special Sale None
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© 2021 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listing provided by APEX BROKERAGE INC
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