Price Reduction - Views
Address
423 Corey AVENUE, ST PETE BEACH, FL
Price
$ 1,400,000
Property Attributes
  • MLS#U8229785
  • TypeSingle Family
  • CountyPINELLAS
  • CityST PETE BEACH
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodSt Petersburg Beach Rep
  • Zip33706
  • StyleCoastal,Cottage
  • Year Built1941
  • Taxes$ 13468
  • Price$ 1,400,000
  • Bedrooms2
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3482
  • Lot Size4,792 SqFt
Data Source:
Stellar MLS
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.

Price History
3/20/2024 Listed $1,550,000
4/9/2024 10% - $1,400,000

General Features

Interior Features Ceiling Fans(s),Living Room/Dining Room Combo
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Cable Available,Electricity Connected,Phone Available,Public,Sewer Connected,Street Lights,Water Connected
Roof Shingle
Appliances Dryer,Range,Refrigerator,Washer
Exterior Features Lighting,Sidewalk
Patio/Porch Features Rear Porch,Side Porch
Architectural Style Coastal,Cottage
Construction Materials Block,Stucco,Wood Frame
Year Built 1941
View City
Levels Two
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Pinellas
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name ST PETERSBURG BEACH REP
Facing Direction South
Garage Y/N No
Total Rooms 4
Status Active
Directions Take I275S to exit 17,continue west on Pinellas Bayway S to Gulf Blvd. turn right,take gulf Blvd North to Corey Ave,turn right,east,429 Corey is on the left. From Tampa International Airport Take
City ST PETE BEACH
Buyer Agent Compensation 2.5%-$295
Senior Community Y/N No
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Lot Size Square Feet 4996
Private Pool No
Waterfront Y/N No
Carport Spaces 7
Carport Y/N Yes
Street Name Corey
Listing Terms Cash,Conventional
Property Attached Y/N Yes
Tax Annual Amount 13468.64
Property Condition Completed
Public Remarks 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 presen
Lease Considered Y/N Yes
Virtual Tour https://youtu.be/cy2G_6NO0Zo
Days on Market 34
Standard Status Active
Tax Lot 11
Legal Description ST PETERSBURG BEACH REPLAT BLK 60,LOT 11 LESS ALLEY
Minimum Lease No Minimum

Interior Features

Flooring Ceramic Tile,Concrete,Hardwood
Furnished Y/N Unfurnished
Total Stories 2
Common Walls Corner Unit
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 3
Half Baths 1
Street Suffix AVENUE
Laundry Features Laundry Room
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 4
Living Area Units Square Feet

Exterior Features

Fencing Vinyl
Lot Features Cleared,Historic District,City Lot,Landscaped,Near Marina,Near Public Transit,Sidewalk
Water Source Public
Lot Size Area 4996
Foundation Details Slab
Spa No
Building Area Total 3482
Lot Dimensions 50 x 100
Lot Size Acres 0.11
Road Surface Type Brick,Asphalt
Lot Size Units Square Feet
Covered Spaces 7
Road Frontage Type Street Brick

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 Single Family Average in 33706

Price
AVG $1.77M
$1.4M
Taxes
AVG $11,488
$13,468
Visits
AVG 707
618
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1941