189 Dr Martin Luther King Jr Street NSt Petersburg, FL 33701MLS Number T2928616

  • Price: $165,000
  • 1071 Days on Market
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Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Pending
189 Dr Martin Luther King Jr Street N St Petersburg FL 33701189 Dr Martin Luther King Jr Street N St Petersburg FL 33701189 Dr Martin Luther King Jr Street N St Petersburg FL 33701189 Dr Martin Luther King Jr Street N St Petersburg FL 33701189 Dr Martin Luther King Jr Street N St Petersburg FL 33701189 Dr Martin Luther King Jr Street N St Petersburg FL 33701189 Dr Martin Luther King Jr Street N St Petersburg FL 33701189 Dr Martin Luther King Jr Street N St Petersburg FL 33701
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  • 570Square Feet
  • 0.09Acreage
  • 1925Year Built
  • PendingMls Status
Owner will consider PARTIAL FINANCE as primary lender to qualified buyer. REAL ESTATE has changed because of the CORONA VIRUS and so has the market! Big expensive buildings that must charge big expensive rents are no longer the norm. This condo unit is affordable which offers opportunity for affordable rents. Unit 189 was a retail space with large ADA restroom/dressing room. Buildout is complete and ready to open immediately. Retail trends are smaller with more affordable rent. Opportunity to purchase additional unit to combine spaces is available. Unit 189 and Unit 177 are next to each other. (See additional listing 177 MLK) Investor dream come true with possible 12%-15%+ Cap Rate.
Listed by Pamela Colby-Ignoffo of P. COLBY & COMPANY INC.

Driving Directions

Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road FrontageMain Throrughfare

Basic Information

Property

  • Business Type Commercial
  • Living Area 497

Property Information

  • Acreage0.09
  • Construction Materials Block, Stucco
  • Lot DescriptionCentral Business District
  • Lot Size Square Feet 3,718
  • MFR Adjoining Property Commercial
  • MFR Total Acreage 0 to less than 1/4
  • Property Condition Completed
  • Square Feet570

Basic Information

  • List Price$165,000
  • MLS NumberT2928616
  • Mls Status Pending
  • StatusPEN

Building

  • Garage Spaces
  • MFR Numof Restrooms 1
  • Year Built1925

Utilities

  • Electric 100 Amp Service
  • Heating Heat Pump
  • Utilities Electricity Connected
  • Water Source Public

Amenities

  • PetsNo

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No
  • Waterfront YN No

Other

  • Date Listed02/13/2018
  • MFR Condo Environment YN Yes
  • MFR Condo Fees $175
  • MFR Condo Fees Term Monthly
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2003-09-03
  • View Count12

Tax Information

  • Fees$2,100
  • Tax Year 2019
  • Taxes$1,663

Location

  • Address189 Dr Martin Luther King Jr Street N
  • AreaSt Pete
  • Building Number189
  • CountyPinellas
  • Directions Dr mlk jr street north (9th street north) between 1st ave north and 2nd ave north.
  • Leasable Area 570
  • StateFL
  • StreetDr Martin Luther King Jr
  • TownSt Petersburg
  • Township 31
  • Zip33701

Based on information submitted to MFRMLS as of January 18, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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