Overview

  • Property ID
  • 684764
  • Updated On:
  • March 21, 2025
  • 8 Bedrooms
  • 12 Bathrooms
  • 7,252 ft2

Description

PRIME OPPORTUNITY to acquire a 12 UNIT property in the booming MIRROR LAKE area of DOWNTOWN ST PETERSBURG proper!!! Walkable to all of the in demand destinations downtown St Pete this is a GREAT UNIT MIX of 7 Loft-Like Studios, 2 1-Bedroom apartment, and 3 2-Bedroom apartments – high-demand products in our booming rental market. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC and a 2014 ROOF all just off Mirror Lake, and just a few blocks to Central Ave make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a booming pocket of Downtown St Petersburg with multiple large projects going up 1 block away in multiple directions, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner. This area is IN HIGH-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for Tenants!! Walk to Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it’s also just a short drive to our amazing BEACHES or downtown Tampa – truly something for everyone. Don’t wait – invest now in the future of St Pete!!! 1 unit available for showings currently – contact today to schedule.

Other Features
Ceiling Fan(s)
Courtyard
Dryer
Has a View
Has Cooling System
Has Heating System
High Ceilings
Range
Refrigerator
Washer
Address: 308 GROVE STREET N
State/County:
Zip: 33701
Country: US
Open In Google Maps
Property Id : 684764
Price: $ 2,450,000
Property Size: 7,252 ft2
Property Lot Size: 0 ft2
Bedrooms: 8
Bathrooms: 12
$ 12,561.63
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 9,499.13

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