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Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Introducing 423 Corey Ave - an exceptional Historic Town Center Building situated in the bustling heart of St. Pete Beach, Florida. This property presents an outstanding opportunity for investors and business owners alike, offering remarkable versatility. Imagine having your business downstairs and your residence upstairs, all in one convenient location. Nestled between the Gulf of Mexico and Boca Ciega Bay, this building boasts prime storefront space within the Corey Avenue Shopping District. It comprises three commercial units and a charming 2-bedroom, 1-bathroom coastal cottage residence on the upper floor, totaling over 3,400 square feet. This setup provides potential for rental income or a combined business and living space. The property includes 4 spaces, 4 bathrooms, a laundry room, storage, 4 separate meters, and a fenced courtyard with access to 3 spaces. Additionally, all commercial units feature two exit doors. The commercial units have previously housed boutiques, specialty shops, craft and jewelry stores, clothing boutiques, and unique gift shops. They can easily be repurposed for a variety of businesses, such as a nail salon, souvenir shop, or café/bakery. The surrounding Corey Avenue area is known for its diverse range of restaurants, offering options for casual dining and fine cuisine, many with outdoor 'pet-friendly' dining. Corey Avenue has been a vibrant hub in St. Pete Beach for over six decades, drawing visitors from around the world with its welcoming atmosphere and exciting events. The Corey Avenue Business Association hosts numerous events throughout the year, including parades, wine tastings, arts and crafts festivals, and a bustling Sunday Morning Market from October through May. Recent upgrades to the property include a new roof (2023), restored hardwood flooring (2023), HVAC and ducting (2023), paint, and minor repairs. The prime location and recent improvements make this property an excellent opportunity for business expansion or startup. There is also a carport in the back alley that can accommodate six or more vehicles, providing ample parking for customers. With its storefront offering high foot traffic and visibility in a well-preserved historic beach shopping center, this property is an ideal choice for any retail business seeking maximum exposure. It is currently vacant and ready for immediate use, with convenient access and parking for customers. The uniqueness of 423 Corey Avenue lies in its second-story residence, offering a blend of commercial and residential space. Falling within the Town-Center-1 Core District, this property supports medium to high-intensity land uses and fosters a pedestrian-friendly environment. Don't miss out on this extraordinary opportunity to secure a coveted residence space with attached business space in the heart of Corey Ave, St. Pete Beach! Schedule a viewing appointment today to explore the possibilities. For a video Tour, visit: https://www.youtube.com/watch?v=cy2G_6NO0Zo
| DAYS ON MARKET | 189 | LAST UPDATED | 8/29/2024 |
|---|---|---|---|
| TRACT | ST PETERSBURG BEACH REP | YEAR BUILT | 1941 |
| COMMUNITY | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl | COUNTY | Pinellas |
| STATUS | Pending | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Apr 9, '24 | $1,550,000 |
|---|---|
| Apr 9, '24 - May 30, '24 | $1,400,000 |
| May 30, '24 - Jul 30, '24 | $1,250,000 |
| Jul 30, '24 - Today | $1,150,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Range, Refrigerator, Washer |
| AREA | 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Lighting |
| HEAT | Central, Electric |
| LOT | 4792 sq ft |
| LOT DESCRIPTION | Cleared, Landscaped, Near Public Transit |
| LOT DIMENSIONS | 50x100 |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Coastal, Cottage |
| SUBDIVISION | ST PETERSBURG BEACH REP |
| TAXES | 13468.64 |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Pam Moll, COLDWELL BANKER REALTY, 727-360-6927
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/19/24 10:44 PM PDT.
This IDX solution is (c) Diverse Solutions 2024.