636 Corey Avenue, Treasure Island, FL 33706

$1,250,000
2,258
SqFt
Sold Price
$1,250,000
List Price
$1,600,000

Property Description

This fully licensed St Pete Beach Motel and Hospitality property offers 5 Units, conveniently located near the heart of the city’s approved Corey Landing Project . It is just minutes to the water, Fisherman's Park, many local beach bars and waterfront restaurants. The long-term owners have kept the mechanicals updated including HVAC, heat pump and new roof (all 2019) with newer sewer lines and plumbing in place too. One large 2-bedroom unit with a full kitchen, Living/Dining, Laundry and Office with a separate Entrance. The 4 studio units come equipped with Kitchenettes, flat screen TV’s and the comforts needed for a Florida vacation. With the owner’s 44-year longevity in business, repeat business is to be expected but the property also provides for significant upside with even moderate updates. A 50 x 108 Lot, Pylon signage, covered and open patios and location located in one of Florida’s most famous beach communities. What more could you ask for? Oh yes, just minutes to the mainland with easy access to the mainland, airports, Bay Area’s museums, pro sport venues, and world renown Theme Parks.

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Listing courtesy of CENTURY 21 BEGGINS. Selling Office: INVESTMENT FLORIDA REALTY LLC.