859 9TH AVE S, ST PETERSBURG, FL 33701
Renovated 3 bedroom, 3 bath craftsman-style bungalow in the heart…
Sold
$397,500
Real Estate in the Tampa Bay Area…
Real Estate in the Tampa Bay Area…
Real Estate in the Tampa Bay Area…
1139 Dr Martin Luther King Jr St S, Saint Petersburg, FL 33705
1139 Dr. M.L.K. Jr St S, St. Petersburg, FL 33705, USA
For Sale
$299,900
Description
- 4 unit NNN Dr MLK Jr St S/9th St S Corridor Retail Plaza with 2 vacant units available. All units are 500 sf.
- One unit (500 sf) is occupied by a Barber Shop and the other unit (500 sf) is occupied by the Pool Hall/Game Room.
- Both are currently renting below rental market value at $700 per month each.
- Other 2 units (500 sf each) have been gutted and framed with new electrical, these units could rent for $1000 per month.
- With a potential annual rental revenue of 42k – 48k and low expenses of approx 6k annually, this could be a solid 9 cap.
- Highly trafficked area with road frontage on Dr MLK Jr St S/9th St S Corridor. Traffic count is approx 25,000.
- Well located near Campbell Park, west of Historic Roser Park and just south of Downtown St Pete!
- Developers and Builders are acquiring at a rapid rate in this area of South St Pete due to its close proximity to downtown, the Central Ave Corridor, Tropicana Field, Lassing, Straub & Vinoy Parks, the Pier, Beach Dr, the University of South Florida, Bayfront & John Hopkins Hospitals, famous museums (like the Dali or Chihuly), the Sundial shopping plaza, and so much more!
Property on Map
Mortgage Calculator
30 Years Fixed, 3.5% Interest
- Principle and Interest
What's Nearby?
Active Life
- Pup Active 2.71 mi2 Reviews
- Active Security 9.48 mi1 Reviews
- Village Green Active 55+ 6.19 mi6 Reviews
Education
- Treetops Educational Interventions 1.13 mi1 Reviews
- Offshore Sailing School 1.24 mi1 Reviews
- Shorecrest Preparatory School 4.3 mi2 Reviews
Health & Medical
- Great American Natural Products 3.57 mi27 Reviews
- Fitlife Foods - St. Petersburg 2.89 mi51 Reviews
- Comfort & Care of Tampa Bay 1.01 mi1 Reviews
Real Estate
- The Glover Group at RE/MAX Metro 1.24 mi10 Reviews
- Jim Maiorano - Luxury & Beach Realty 0.62 mi1 Reviews
- Keyseekers - Orlando 1.5 mi6 Reviews
Restaurants
- The Mill Restaurant 1.09 mi1362 Reviews
- The Library 0.57 mi759 Reviews
- Brick & Mortar 0.95 mi466 Reviews
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