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Key Details
Sold Price $998,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,482 sqft
Price per Sqft $286
Subdivision St Petersburg Beach Rep
MLS Listing ID U8229785
Sold Date 09/25/24
Bedrooms 2
Full Baths 3
Half Baths 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1941
Annual Tax Amount $13,468
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50x100
Property Description
One or more photo(s) has been virtually staged. Introducing 423 Corey Ave - an exceptional Historic Town Center Building situated in the bustling heart of St. Pete Beach, Florida. This property presents an outstanding opportunity for investors and business owners alike, offering remarkable versatility. Imagine having your business downstairs and your residence upstairs, all in one convenient location. Nestled between the Gulf of Mexico and Boca Ciega Bay, this building boasts prime storefront space within the Corey Avenue Shopping District. It comprises three commercial units and a charming 2-bedroom, 1-bathroom coastal cottage residence on the upper floor, totaling over 3,400 square feet. This setup provides potential for rental income or a combined business and living space. The property includes 4 spaces, 4 bathrooms, a laundry room, storage, 4 separate meters, and a fenced courtyard with access to 3 spaces. Additionally, all commercial units feature two exit doors. The commercial units have previously housed boutiques, specialty shops, craft and jewelry stores, clothing boutiques, and unique gift shops. They can easily be repurposed for a variety of businesses, such as a nail salon, souvenir shop, or café/bakery. The surrounding Corey Avenue area is known for its diverse range of restaurants, offering options for casual dining and fine cuisine, many with outdoor 'pet-friendly' dining. Corey Avenue has been a vibrant hub in St. Pete Beach for over six decades, drawing visitors from around the world with its welcoming atmosphere and exciting events. The Corey Avenue Business Association hosts numerous events throughout the year, including parades, wine tastings, arts and crafts festivals, and a bustling Sunday Morning Market from October through May. Recent upgrades to the property include a new roof (2023), restored hardwood flooring (2023), HVAC and ducting (2023), paint, and minor repairs. The prime location and recent improvements make this property an excellent opportunity for business expansion or startup. There is also a carport in the back alley that can accommodate six or more vehicles, providing ample parking for customers. With its storefront offering high foot traffic and visibility in a well-preserved historic beach shopping center, this property is an ideal choice for any retail business seeking maximum exposure. It is currently vacant and ready for immediate use, with convenient access and parking for customers. The uniqueness of 423 Corey Avenue lies in its second-story residence, offering a blend of commercial and residential space. Falling within the Town-Center-1 Core District, this property supports medium to high-intensity land uses and fosters a pedestrian-friendly environment. Don't miss out on this extraordinary opportunity to secure a coveted residence space with attached business space in the heart of Corey Ave, St. Pete Beach! Schedule a viewing appointment today to explore the possibilities. For a video Tour, visit: https://www.youtube.com/watch?v=cy2G_6NO0Zo
Location
State FL
County Pinellas
Community St Petersburg Beach Rep
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Concrete, Wood
Furnishings Unfurnished
Fireplace false
Appliance Dryer, Range, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature Lighting, Sidewalk
Fence Vinyl
Utilities Available Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
Waterfront false
View City
Roof Type Shingle
Porch Rear Porch, Side Porch
Garage false
Private Pool No
Building
Lot Description Cleared, Historic District, City Limits, Landscaped, Near Marina, Near Public Transit, Sidewalk, Street Brick
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Coastal, Cottage
Structure Type Block,Stucco,Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COLDWELL BANKER REALTY
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Milton Knight, CRS
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675