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Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 13,910 sqft
Price per Sqft $71
Subdivision Pinellas Groves
MLS Listing ID U8110728
Sold Date 07/01/21
HOA Y/N No
Year Built 1977
Annual Tax Amount $13,800
Lot Size 0.750 Acres
Acres 0.75
Property Sub-Type Retail
Property Description
Fully leased retail center located on SR 688 /Ulmerton Road. This is a value-add project for an investor who would like upside and purchase at below market price per square foot. The actual cash flow in place is around a 2 cap. $7-$8 per square foot upside on rents. The property is located along the East/West Main corridor between the Beaches and Tampa. Full rent roll and financials provided with signed NDA. Owner is a licensed Florida Realtor.
Location
State FL
County Pinellas
Community Pinellas Groves
Zoning C-2
Interior
Cooling Central Air
Building
Story 1
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block
New Construction false
Others
Ownership Partnership
Special Listing Condition None
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Bought with COASTAL PROPERTIES GROUP