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200 16TH ST N St Petersburg, FL 33705
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Key Details
Sold Price $955,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $258
Subdivision Fullers Sub
MLS Listing ID U8027046
Sold Date 03/29/19
HOA Y/N No
Year Built 1956
Annual Tax Amount $7,067
Lot Size 0.560 Acres
Acres 0.56
Property Description
REDEVELOPMENT OPPORTUNITY! This property is located in a designated OPPORTUNITY ZONE & eligible for tax incentives including a capital gains deferment under the December 2017 TAX CUTS and JOBS Act. The 3700SF building sits on 0.56 acre (MOL). DC-2 zoning allows restaurant, retail, drugstore/pharmacy, office, hotel, live/work, etc (microbrewery is a special exception). The property is bordered by Booker Creek adjacent to a new $55 million mixed-use project. It has excellent visibility and is 1 block from the popular EDGE & Grand Central Districts in an area experiencing significant economic growth. Daily Traffic Count is approx. 13,324.
This offering consists of 2 parcels which will be sold together.
Location
State FL
County Pinellas
Community Fullers Sub
Zoning DC-2
Direction N
Interior
Cooling Office Only
Exterior
Utilities Available Public, Water Nearby
Waterfront Description Creek
View Y/N 1
Water Access 1
Water Access Desc Creek
Roof Type Built-Up
Building
Lot Description City Limits
Story 1
Lot Size Range 1/2 Acre to 1 Acre
Sewer Public Sewer
Structure Type Block
New Construction false
Others
Pets Allowed Yes
Ownership Corporation
Special Listing Condition None
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Bought with COASTAL PROPERTIES GROUP