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100 Pass A Grille Way

St Pete Beach, FL 33706
  • $4,000,000
  • STATUS: Active
  • ON SITE: 130 Days
  • MLS #: U8226139
UPDATED: 187 min ago
$4,000,000
  • 9
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,938
    SQFT
  • $810
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Information

Elementary School:
Middle School:
High School:

Description

Seller just put in over of $70,000 in new exterior upgrades which consists of new exterior stucco, paint, front and back awnings, front and back steps, concrete pads, irrigation, and grass sod. Historical and famous Pass a Grille Residential and Income producing, THREE Consecutive lot property, directly in front of the intercoastal waterfront and Popular Pass a Grille Dog Beach! Only in Pass a Grille can you find a unique and one of a kind, 3 side by side lots, with 8 units on it directly across from the intercoastal and beach! Located on Pass a Grille Way and 1st Ave, this sought after corner of three parcel lots boasts 9 bedrooms and 9 bathrooms, seven 1 bedroom 1 bathrooms, and a 2 bedroom 2 bathroom. The four structures housing 8 units, two garages, storage room, and laundry room, is producing 221k in rent for 2022! 2023 projections are 240k for the year! The large property is only two parcels from the Pass a Grille public beach and rock pier and is just 7 blocks south of Pass a Grille's historic downtown, full of restaurants, shops, and bars. There is an on site parking lot for four vehicles, along with parking in front of the two vehicle garage. Currently all 8 units are on annual contracts and the property is zoned to be able to do 3 short term rentals less than 30 days and then 30 day minimums or more each year. There are three historic and original US Navy military barracks from World War 2 that are now six 1 bedroom 1 bath units that rent for $2000 each a month! 5 of the 8 units have had their original hardwood floors sanded, buffed, and polished in the past year! Other items of interest that have been completed in the past year are, three new ac units, the building housing units 5 and 6 has been termite tented, new washer and dryer in the laundry room which is shared by 7 of the 8 units. The building housing units 7 and 8 was built in 1994 and has a large 1/1($2300 a month) on the second floor and a large 2/2($3900 a month) on the second and third floors that has its own washer and dryer and outside balcony! There are incredible and amazing beach and intercoastal views from 5 of the 8 units! The 2 vehicle garage rents for $500 a month and the storage room rents for $250 a month. Property is perfect as is, or buyer could live in one of the units and rent out the other 7, or buyer could knock down and build dream home on 3 lots. So much more to tell so please call, text, or email for more info and to set up a showing.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-23T23:49:43.197.
www.momentumrealtors.com/homes/146635243
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100 Pass A Grille Way St Pete Beach, FL 33706

  • Price: $4,000,000
  • Status: Active
  • On Site: 130 Days
  • Updated: 187 min ago
  • MLS #: U8226139
9
Beds
0
Baths
0
½ Baths
0.28
Acres
4,938
SQFT
$810
$/SQFT
1945
Built
Neighborhood:
Morey Beach
County:
Pinellas
Area:
St Pete/Pass A Grille Beach/St Pete Beach/Treasure Island
Elementary School:
Azalea Elementary-Pn
Middle School:
Bay Point Middle-PN
High School:
Boca Ciega High-Pn
Property Description
Seller just put in over of $70,000 in new exterior upgrades which consists of new exterior stucco, paint, front and back awnings, front and back steps, concrete pads, irrigation, and grass sod. Historical and famous Pass a Grille Residential and Income producing, THREE Consecutive lot property, directly in front of the intercoastal waterfront and Popular Pass a Grille Dog Beach! Only in Pass a Grille can you find a unique and one of a kind, 3 side by side lots, with 8 units on it directly across from the intercoastal and beach! Located on Pass a Grille Way and 1st Ave, this sought after corner of three parcel lots boasts 9 bedrooms and 9 bathrooms, seven 1 bedroom 1 bathrooms, and a 2 bedroom 2 bathroom. The four structures housing 8 units, two garages, storage room, and laundry room, is producing 221k in rent for 2022! 2023 projections are 240k for the year! The large property is only two parcels from the Pass a Grille public beach and rock pier and is just 7 blocks south of Pass a Grille's historic downtown, full of restaurants, shops, and bars. There is an on site parking lot for four vehicles, along with parking in front of the two vehicle garage. Currently all 8 units are on annual contracts and the property is zoned to be able to do 3 short term rentals less than 30 days and then 30 day minimums or more each year. There are three historic and original US Navy military barracks from World War 2 that are now six 1 bedroom 1 bath units that rent for $2000 each a month! 5 of the 8 units have had their original hardwood floors sanded, buffed, and polished in the past year! Other items of interest that have been completed in the past year are, three new ac units, the building housing units 5 and 6 has been termite tented, new washer and dryer in the laundry room which is shared by 7 of the 8 units. The building housing units 7 and 8 was built in 1994 and has a large 1/1($2300 a month) on the second floor and a large 2/2($3900 a month) on the second and third floors that has its own washer and dryer and outside balcony! There are incredible and amazing beach and intercoastal views from 5 of the 8 units! The 2 vehicle garage rents for $500 a month and the storage room rents for $250 a month. Property is perfect as is, or buyer could live in one of the units and rent out the other 7, or buyer could knock down and build dream home on 3 lots. So much more to tell so please call, text, or email for more info and to set up a showing.
Exterior Features

Attached Garage Yn Yes Carport Yn No Construction Materials Stucco Covered Spaces 2 Exterior Features Awning(s)BalconyFrench DoorsLightingOutdoor ShowerRain GuttersSidewalkSliding DoorsStorage Foundation Details Slab Lot Size Dimensions 126 x 95 Parking Features Garage Door OpenerGarage Faces RearGuestOff Street Pool Private Yn No Road Surface Type Asphalt Roof Shingle Water Access Yn No Water Extras Yn No Water View BeachGulf/Ocean - PartialIntracoastal Waterway Water View Yn Yes Waterfront Features Intracoastal Waterway Waterfront Feet Total 0 Waterfront Yn Yes

Interior Features

Additional Rooms Inside UtilityStorage Rooms Appliances DishwasherDryerRangeRefrigeratorWasher Building Area Total 4938 Cooling Central AirMini-Split Unit(s) Cooling YN Yes Fireplace Yn No Flooring TileVinylHardwood Furnished Unfurnished Heating CentralWall Units / Window Unit Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Common AreaInside Levels Two Sewer Public Sewer Water Source Public

Property Features

Additional Lease Restrictions Per City of St Pete beach 3 short term rentals allowed per year. After that30 day minimum rentals. Annual Net Income 236000 Association Approval Required Yn No Association Yn No Cdd Yn No Community Features Golf Carts OKParkPlaygroundSidewalksTennis Court(s) Flood Zone Code AE Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN Yes Listing Terms Cash Minimum Lease 1 Month New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Sub Type Multi Family Security Features Smoke Detector(s) Senior Community Yn No Special Listing Conditions None Tax Annual Amount 41483.66 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedSewer Connected Yrs Of Owner Prior To Leasing Re No


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of EXP REALTY: 727-592-2286.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-23T23:49:43.197.
 
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