1130 Pinellas BaywaySt. Petersburg, FL 33715

Property Details for 1130 Pinellas Bayway

Year built

1968

Construction

CONCRETE BLOCKS

Lot size

0.24 AC

Property size (Sq ft)

6,900 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

20-32-16-90864-000-0064

APU

203216908640000064

Description

This exceptional mixed-use property in Tierra Verde, Florida, presents a compelling investment opportunity. Located at 1130 Pinellas Bayway S, St. Petersburg, FL 33715, this 6,900 square foot building sits on a 0.43-acre lot and features two 1,713 square foot ground floor commercial spaces perfect for restaurants, retail, or offices. The property also includes four 2-bedroom, 1-bathroom apartment units, each spanning 868 square feet, ideal for long-term rentals or vacation rentals. Built in 1968, this two-story building is zoned C-2 and offers 21 dedicated parking spaces, ensuring ample convenience for tenants and customers. The property's prime location in Tierra Verde provides high visibility and easy access, attracting both locals and tourists. The asking price is $1,599,000, and the property's APN is 20-32-16-90864-000-0064. This unique combination of commercial and residential space offers a strong potential for both rental income and business opportunities in a highly desirable coastal community. Don't miss this chance to acquire a prime piece of real estate in one of Florida's most sought-after areas.

• CAP approach

  CAP return

  Valuation

  6%

  $1,633,989

  6.5%

  $1,508,297

  7%

  $1,400,562

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,295,492

  Geo Method

  $760,932

• Alternative Use

  Use

  Valuation

  Residential

  $1,870,288

  Hospitality

  $1,713,174

  Educational

  $1,425,341

  Medical

  $1,474,360

  Retail

  $2,217,197

Location Insight

City

Tierra Verde

County

Pinellas

State

Florida

Latitude

27.6747

Longitude

-82.7263

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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