200 16th Street N, St Petersburg, FL 33705

$955,000
3,700
SqFt
Sold Price
$955,000
List Price
$1,000,000
Status
Sold
Closing Date
Mar 29, 2019
MLS#
U8027046
Property Style
Mixed Use
Year Built
1956
Living Area
3,700
Lot Size
24,326
Acres
0.56
Total Acreage
1/2 Acre to 1 Acre
Legal Subdivision Name
Fullers Sub
MLS Area Major
St Pete

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.

Additional Information

Taxes Annual
$7067
Location
City Limits
Community Features
No Deed Restriction
Zoning
DC-2
Utilities
Public, Water Nearby
Air Conditioning
Office Only
Exterior Construction
Block
Roof
Built-Up
Pool
No Pool
Water Name
Booker Creek
Water View
Creek
Water Access
Creek
Water Frontage
Creek
Pets
Allowed
Flood Zone Code
X
Parcel ID
24-31-16-29718-007-0130
Legal Description
FULLER'S SUB BLK 7, LOTS 13, 14, 15 & 16 LESS PT DESC BEG SW COR OF LOT 13 TH N ALONG W LINE 40FT TH SE'LY 155.24FT TO SE COR OF LOT 15 TH W ALONG S'LY BNDRY OF LOT SD LOTS 13 & 14 150 FT TO POB & FULLER'S SUB BLK 7, PART OF LOT DESC BEG NE COR OF SD LOT 12 TH S 47FT TH N71D21'48"W 30FT TH N 30FT TH E 50FT ALG N LOT LINE TO POB

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of COASTAL PROPERTIES GROUP. Selling Office: COASTAL PROPERTIES GROUP.

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