Price Reduction - Water Views
Address
100 PASS A GRILLE WAY, St Pete Beach, FL
Price
$ 4,325,000
Property Attributes
  • MLS#U8160196
  • TypeIncome
  • CountyPINELLAS
  • CitySt Pete Beach
  • AreaPass a Grille Bch-St Pete Bch-Treasure Isl
  • NeighborhoodMOREY BEACH
  • Zip33706
  • StyleMulti-Family
  • Year Built1945
  • Taxes$ 32774
  • Price$ 4,325,000
  • Bedrooms8
  • Full Bathrooms9
  • Half Bathrooms0
  • Sqr Footage4938
  • Lot Size12,197 SqFt
Data Source:
Stellar MLS
Property Description

BACK ON THE MARKET! Buyer could not close. 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($2200 a month) on the second floor and a large 2/2($3500 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.

Elementary School Middle School High School
Azalea Elementary-PN Bay Point Middle-PN Boca Ciega High-PN
Price History
4/28/2022 Listed $4,350,000
9/22/2022 1% - $4,325,000

General Features

Additional Parcels Y/N No
Appliances Dishwasher, Dryer, Range, Refrigerator, Washer
Association Y/N No
Attached Garage Yes
Building Area Units Square Feet
Buyer Agent Compensation 2%-$395
Carport Y/N No
City ST PETE BEACH
Community Features Fishing, Golf Carts OK, Park, Playground, Boat Ramp, Sidewalks, Tennis Courts, Water Access, Waterfront
Construction Materials Stucco
Cooling Central Air, Mini-Split Unit(s)
County Pinellas
Days on Market 89
Directions From Gulf Blvd heading South, Gulf Blvd turns into Pass a Grille Way. Follow Pass a Grille Way all the way down to 1st Ave. Property is on the right. On the corner of Pass a Grille Way and 1st Ave.
Disclosures Lead Paint, Seller Property Disclosure
Elementary School Azalea Elementary-PN
Exterior Features Awning(s), Balcony, French Doors, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors, Storage
Finance Cash, Conventional, Private Financing Available
Garage Spaces, Detached Garage 2
Garage Y/N Yes
Heating Central, Wall Units / Window Unit
High School Boca Ciega High-PN
Interior Features Ceiling Fans(s)
Lot Size Square Feet 12249
MLS Area 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
Middle/Junior High School Bay Point Middle-PN
Minimum Lease 1 Month
New Construction No
Occupant Type Tenant
Ok to Lease Twelve Months
Patio/Porch Features Deck
Percent Ownership Fee Simple
Pets Allowed Yes
Private Pool No
Property Condition Completed
Property SubType Multi-Family
Property Type Residential Income
Roof Shingle
Security Features Smoke Detector(s)
Senior Community Y/N No
Sewer Public Sewer
Standard Status Active
Status Active
Street Name PASS A GRILLE
Subdivision Name MOREY BEACH
Tax Annual Amount 32774.66
Tax Lot 3, 4, 5
Tax Year 2021
Tenant Pays Electricity
Total Actual Rent 18450
Total Number of Buildings 4
Total Units 8
Township 32
Unit Count 8
Utilities Cable Connected, Electricity Connected, Sewer Connected
View Garden, Trees/Woods, Water
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8160196
Water Access YN No
Waterfront Y/N No
Year Built 1945

Interior Features

Additional Rooms Inside Utility, Storage Rooms
Fireplace Y/N No
Flood Zone Code Zone AE
Flooring Tile, Vinyl, Wood
Laundry Features Inside, Outside
Living Area Units Square Feet
Livingareasource Public Records
Street Suffix WAY
Total Baths 9
Total Bedrooms 9

Exterior Features

Living Area 4938
Foundation Details Slab
Lot Dimensions 126x95
Lot Features Corner Lot, FloodZone, Paved
Lot Size Acres 0.28
Parking Features Garage Door Opener, Garage Faces Rear, Guest, Off Street
Road Responsibility Public Maintained Road
Road Surface Type Asphalt
Spa No
Water Extras YN No
Water Source Public
Water View Beach, Gulf/Ocean - Partial, Intracoastal Waterway
Water View YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33706

Price
AVG $2.08M
$4.33M
Taxes
AVG $12,384
$32,774
Visits
AVG 139
13
Year Built
AVG 1957
1945
Walkscore
AVG 56
37
Data Provided by Walkscore ® not using MLS data

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