Price Reduction
Address
423 Corey AVENUE, ST PETE BEACH, FL
Price
$ 1,400,000
Property Attributes
- MLS#U8228348
- TypeCommercial
- CountyPINELLAS
- CityST PETE BEACH
- AreaPass a Grille Bch-St Pete Bch-Treasure Isl
- NeighborhoodSt Petersburg Beach Rep
- Zip33706
- StyleMixed Use
- Year Built1941
- Taxes$ 13468
- Price$ 1,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3482
- Lot Size4,792 SqFt
Data Source:
Stellar MLS
Property Description
One or more photo(s) has been virtually staged. Presenting 423 Corey Ave - a remarkable Historic Corey Avenue Town Center Building nestled in the bustling heart of St. Pete Beach, Florida. This property stands as a golden opportunity for both investors and business visionaries seeking versatility. Positioned between the Gulf of Mexico and Boca Ciega Bay, it offers prime storefront space in the coveted Corey Avenue Shopping District. Comprising three commercial units alongside a charming 2-bedroom, 1-bathroom coastal cottage residence on the upper floor, this property spans over 3,400 square feet, opening doors to potential rental income or an integrated business and living environment. With a total configuration of 4 spaces, 4 bathrooms, a laundry room, storage facilities, 4 separate meters, and a fenced-in courtyard with access to 3 spaces, the possibilities are endless. Previous uses of the commercial units range from boutiques and specialty shops to craft stores and unique gift shops. Imagine transforming these spaces into a nail salon, souvenir shop, or trendy café/bakery, as illustrated in the virtually staged photos. Moreover, Corey Avenue itself boasts an eclectic array of dining options, with many restaurants offering outdoor 'pet-friendly' dining experiences. For over six decades, Corey Avenue has been a vibrant epicenter, drawing visitors from far and wide with its welcoming ambiance, exceptional sales, and vibrant events. The Corey Avenue Business Association hosts an array of engaging events year-round, including parades, wine tastings, arts and crafts festivals, and a bustling Sunday Morning Market from October through May, featuring up to 80 vendors and live music. Recent upgrades including a new roof (2023), restored hardwood flooring (2023), HVAC and ducting (2023), paint, and minor repairs, enhance the property's appeal and functionality. This prime location offers a lucrative opportunity to establish or expand your business amidst a thriving retail landscape. Boasting a storefront with high foot traffic in a well-preserved historic beach shopping center, this property is an ideal choice for any retail business seeking maximum exposure and foot traffic. Vacant and ready for immediate use, it presents an excellent opportunity for business growth or startup endeavors. Customers enjoy convenient access and ample parking, while the property's 0.11-acre lot offers room for displays and signage. The unique inclusion of a second-story 2-bedroom, 1-bathroom residence adds further allure to the property. Zoned within the Town-Center-1 Core District, it serves as the city's hub and supports medium to high-intensity land uses, fostering a pedestrian-friendly environment. Seize this extraordinary chance to secure a coveted retail space in the heart of Corey Ave, St. Pete Beach! Embark on this exhilarating journey by scheduling a viewing appointment today!
| Price History | |
|---|---|
| 1/29/2024 | Listed $1,550,000 |
| 5/6/2024 | 10% - $1,400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | Electricity Available,Phone Available,Public,Water Connected |
| Roof | Shingle |
| Appliances | Refrigerator |
| Construction Materials | Block,Concrete,Stucco,Wood Frame |
| Year Built | 1941 |
| Electric | Separate Meters |
| Levels | Two |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Sole Proprietor |
| Community Features | Curbs,Sidewalks |
| County | Pinellas |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | ST PETERSBURG BEACH REP |
| Facing Direction | South |
| Building Features | Bathrooms,Fencing |
| Status | Active |
| Directions | From I275S,exit 17,go West to Gulf Blvd. Turn right (north) to Corey Ave. From Airport- Take I-275 S to 22nd Ave S in St. Petersburg. Take exit 19 from I-275 S,Continue on 22nd Ave S. Take Gulfport |
| City | ST PETE BEACH |
| Buyer Agent Compensation | 3% |
| Total Units | 4 |
| MLS Area | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| Lot Size Square Feet | 4996 |
| Waterfront Y/N | No |
| Street Name | Corey |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 13468.64 |
| Property Condition | Completed |
| Public Remarks | One or more photo(s) has been virtually staged. Presenting 423 Corey Ave - a remarkable Historic Corey Avenue Town Center Building nestled in the bustling heart of St. Pete Beach,Florida. This proper |
| Virtual Tour | https://youtu.be/cy2G_6NO0Zo |
| Days on Market | 98 |
| Standard Status | Active |
| Tax Lot | 11 |
| Legal Description | ST PETERSBURG BEACH REPLAT BLK 60,LOT 11 LESS ALLEY |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Flooring | Ceramic Tile,Concrete,Reclaimed Wood |
|---|---|
| Total Stories | 2 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Window Features | Aluminum Frames,Blinds |
| Street Suffix | AVENUE |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | 6 to 12 Spaces |
|---|---|
| Lot Features | Central Business District,Flood Insurance Required,City Lot |
| Water Source | Public |
| Lot Size Area | 4996 |
| Foundation Details | Concrete Perimeter,Slab |
| Number of Buildings | 1 |
| Building Area Total | 3482 |
| Lot Dimensions | 50 x 100 |
| Lot Size Acres | 0.11 |
| Road Surface Type | Asphalt,Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | Alley,City Street,Other |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 33706
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 16, 2024 8:16 PM UTC
