Address
5787-5793 54TH AVENUE N. Kenneth City, FL
Price
$ 719,900
Property Attributes
  • MLS#U8068027
  • TypeCommercial
  • CountyPINELLAS
  • CityKenneth City
  • AreaSt Pete-Kenneth City
  • Zip33709
  • StyleRetail
  • Year Built1952
  • Taxes5400
  • Price$ 719,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3612
  • Lot Size0.43 Acres
Listing Provided Courtesy Of:
APEX BROKERAGE INC
Property Description

Reduced nearly $50K! This property is an investor’s dream! This is a great opportunity to own a strip mall in St. Pete! Specifically includes 5787, 5789, 5791, 5793 54th Ave N and the neighboring lot, 5765 54th Ave N. The owner is turning 80 and looking to retire! His retirement is your gain as this strip mall is netting over 50k per year! Cap rate is about 7.5%. (See rent roll attached!) There are currently 3 tenants occupying 5 spaces, one of which is an empty lot. All of it is being sold together (2 parcels included in sale). All tenants have been there long-term and are on multi-year leases. Don’t miss out on this great opportunity!

Price History
12/9/2019 Listed $767,900
6/10/2020 7% - $719,900

General Features

Additional Parcels Y/N Yes
Business Type Professional Service, Retail
Construction Materials Block
Cooling Central Air
MLS Area 33709 - St Pete/Kenneth City
Property SubType Retail
Property Type Commercial
Special Listing Conditions None
Status Active
Total Num Buildings 1
Township 00
Year Built 1952

Interior Features

Living Area 3612.00

Exterior Features

Building Area Total 19657.00
Foundation Details Slab
Lot Size Acres 0.43
Lot Size Square Feet 18555
Number of Lots 2
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33709

Price
AVG $750K
$720K
Taxes
AVG $10,974
$5,400
Visits
AVG 220
67
Year Built
AVG 1964
1952
Walkscore
AVG 61
66
Data Provided by Walkscore ® not using MLS data

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