2324 Central Avenue

    St Petersburg, FL 33712
    • $925,000
    • STATUS: Active
    • ON SITE: 345 days
    • MLS #: U7824587
    UPDATED: 60 min ago
    $925,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,534
      SQFT
    • $365
      $/SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1951
    County:
    Area:

    School Ratings & Info

    Listing information courtesy of Premier Sothebys Intl Realty.

    Description

    A 180 feet of frontage by 100 feet deep on Central Avenue in the Grande Central District. Zoning is CCT-2. A F.A.R. ratio of 2.5 in the Residential Density within Activity Center allowing 60 units per acre, hotel density 80 rooms per acre, building height up to 72 feet. This tight area represents the highest density allowed in the Grande Central District. An example is 22 condos at $160,000 for construction per unit. $43,000 a door = 200,000 cost with retail sales of $350,000-$400,000. This can include 42 parking spaces with curb parking spaces and 5 retail spaces on bottom at 4,000 sq. feet giving additional income, and allowing a 25 x 30 vestibule with engineering space.This area is rich in new and popular breweries, historic gas stations turned into restaurants and art galleries, live-work high-end international hot glass studios and galleries. The popular, growing and renowned historic neighborhood of Kenwood borders this lucrative area of Central Avenue, drawing people to this community of porch parties and artists enclaves. The outbuildings, garage and what is attached to the land will remain with the land including grease traps. St Petersburg is #15 in the nation for small businesses and #6 for annual revenue (Biz2Credit,2016).

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-06-18T12:42:59.35.
    www.beachislandgroup.com/homes/74357152

    2324 Central Avenue St Petersburg, FL 33712

    • Price: $925,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: U7824587
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    2,534
    SQFT
    $365
    $/SQFT
    1951
    Built
    Neighborhood:
    St Pete
    County:
    Pinellas
    Area:
    St Pete
    Property Description
    A 180 feet of frontage by 100 feet deep on Central Avenue in the Grande Central District. Zoning is CCT-2. A F.A.R. ratio of 2.5 in the Residential Density within Activity Center allowing 60 units per acre, hotel density 80 rooms per acre, building height up to 72 feet. This tight area represents the highest density allowed in the Grande Central District. An example is 22 condos at $160,000 for construction per unit. $43,000 a door = 200,000 cost with retail sales of $350,000-$400,000. This can include 42 parking spaces with curb parking spaces and 5 retail spaces on bottom at 4,000 sq. feet giving additional income, and allowing a 25 x 30 vestibule with engineering space.This area is rich in new and popular breweries, historic gas stations turned into restaurants and art galleries, live-work high-end international hot glass studios and galleries. The popular, growing and renowned historic neighborhood of Kenwood borders this lucrative area of Central Avenue, drawing people to this community of porch parties and artists enclaves. The outbuildings, garage and what is attached to the land will remain with the land including grease traps. St Petersburg is #15 in the nation for small businesses and #6 for annual revenue (Biz2Credit,2016).
    Exterior Features

    Adjoining Property CommercialVacant Construction Materials BlockCombinationFrameOtherStucco Lot Features Central Business DistrictIn City LimitsNear Public TransitRetail CondoStreet Paved Other Structures AnnexStorage Parking Curb ParkingOver 30 Spaces Parking Features Curb ParkingOver 30 Spaces Road Frontage Ft 225 Roof Shingle Transportation Access AlleyCityEasementFrontageInterstate Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Accessibility Features Visitor Bathroom Ceiling Height 8 To 9 Feet Cooling Wall/Window Unit(S) Flooring Concrete Freezer Space Yn Yes Heating ElectricWall Units / Window Unit Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn Yes Annual Expenses 966 Business Type Flex SpaceRestaurant Community Features Curbs Complex Development Name Grand Central District Condo Environment Yn No Converted Residence Yn No Easements Prescriptive Right Of Way Flood Zone Code X Lease Term 24 Months Miscellaneous Common LightingOutside Storage Miscellaneous2 BathroomsFencingKitchen FacilitySeating Net Operating Income 34433 New Construction Yn No Pets Allowed Yes Property Condition Completed Property Sub Type Retail Security Features Security Lights Space Type New Special Listing Conditions None Tax Annual Amount 7154 Tax Year 2017 Total Num Buildings 2 Utilities Electricity ConnectedPublic Zoning Cct-2

    Listing information courtesy of Premier Sothebys Intl Realty.
    © 2018 My Florida Regional MLS. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.


    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-06-18T12:42:59.35.
     
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    Listing information courtesy of Premier Sothebys Intl Realty.