660 3rd Avenue SSt Petersburg, FL 33701MLS Number W7826916

  • Price: $1,500,000
  • 124 Days on Market
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Federal 30-year interest rate: 2.77% last updated on Jan 21, 2021
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660 3rd Avenue S St Petersburg FL 33701
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  • 7,190Square Feet
  • 0.11Acreage
  • 1940Year Built
  • ActiveMls Status
Cash flowing Assisted Living Facility in the heart of downtown! Huge opportunity to purchase this fully occupied assisted living facility in one of the best areas of downtown St Pete. Netting over $115,000 annually, with room for growth in the next year, this property offers a 7.7% cap rate! In fantastic condition, little maintenance is needed. Currently 14 bedrooms, each with their own private bath. As per owner, the facility has the possibility of being increased to over 18 residents as some of the bedrooms are big enough for double occupancy; would just require an application to the state and an approval for the increase.
Listed by ALEXIS Selby of INVESTMENT FLORIDA REALTY LLC

Driving Directions

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

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More Info

Location Information

  • Road FrontageCity Street, Other

Basic Information

  • Property SubTypeBusiness

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Stories1
  • Year Built1940

Property Information

  • Acreage0.11
  • Construction Materials Wood Frame
  • Lot Size Dimensions 50x100
  • Lot Size Square Feet 4,992
  • MFR Total Acreage 0 to less than 1/4
  • Square Feet7,190

Basic Information

  • List Price$1,500,000
  • MLS NumberW7826916
  • Mls Status Active
  • StatusACT

Property

  • Business Type Assisted Living
  • Living Area 7190

Utilities

  • Cooling Central Air

Water Body

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

Tax Information

  • Tax Year 2019
  • Taxes$8,946

Location

  • Address660 3rd Avenue S
  • AreaSt Pete
  • Building Number660
  • CountyPinellas
  • Directions Central ave to 6th st s. South on 6th st s. R on 3rd ave s to property on right.
  • Leasable Area 7190
  • StateFL
  • Street3rd
  • SubdivisionRev Map Of St Petersburg
  • TownSt Petersburg
  • Township 31
  • Zip33701

Other

  • Date Listed09/24/2020
  • MFR Flood Zone Code x

Based on information submitted to MFRMLS as of January 26, 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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