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Map
$267,624*
●
Commercial -
Off Market
177 DR MARTIN LUTHER KING JR STREET N #177
ST PETERSBURG, FL 33701
Studio
0 Bath
540 Sqft
$203,000 - $247,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
MUST SELL - Cheaper then rent! Last unit of 6 - all others sold in
St Pete's hottest "affordable" area, which offers opportunity for
affordable rents. Prior "Key West" style dessert cafe.
The cafe buildout is complete turnkey and ready to open
immediately. With thousands of dollars invested in upgrades
to become a restaurant. Limited equipment included; grease trap,
triple sink, hand sink, mop sink, new elec and plumbing. The new
restaurant trend is smaller "To Go" style with limited inside and
outside bistro seating. This unit offers it all at an
affordable price. Investors dream come true possible 12%-15%+
Cap Rate.
The manager has listed the unit size as 540 square feet.
The manager has listed the unit size as 540 square feet.
Unit Size
540Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$417
Property Type
Commercial
Property Taxes
$1,867
HOA Dues
$18
Year Built
1925
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2021 | No longer available | - | |
| No longer available | |||
| Mar 19, 2021 | Price Increased |
$225,000
↑ $60K
(36.4%)
|
|
| Price Increased | |||
| Mar 19, 2021 | Relisted | $165,000 | |
| Relisted | |||
| Mar 10, 2021 | No longer available | - | |
| No longer available | |||
| Feb 13, 2021 | Price Decreased |
$165,000
↓ $30K
(15.4%)
|
|
| Price Decreased | |||
Show More
Property Highlights
177 DR MARTIN LUTHER KING JR STREET N #177, ST PETERSBURG, FL, 33701
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Condo
1
Bed
1
Bath
850 ft²
$235/ft²
$200,000
Dec 19, 2022
-
$1,445/mo
Active
House
2
Beds
2
Baths
1,021 ft²
$234/ft²
$239,000
Oct 27, 2022
-
$178/mo
In Contract
House
3
Beds
1
Bath
1,140 ft²
$219/ft²
$250,000
Dec 7, 2022
-
$104/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/12/2018
|
Loft
|
-
|
540 ft²
|
$175,000
Loft
-
540 ft²
|
-
-
|
-
|
-
|
Building Info
177 Doctor Martin Luther King Junior Street North
177 Doctor Martin Luther King Junior Street North, Saint Petersburg, FL 33701
