Florida Homes Realty & Mortgage-St Johns
Price Reduction
Address
6451 ULMERTON ROAD Largo, FL
Price
$ 1,900,000
Property Attributes
  • MLS#U8079156
  • TypeSingle Family
  • CountyPINELLAS
  • CityLargo
  • AreaLargo
  • NeighborhoodPinellas Groves
  • Zip33771
  • StyleIndustrial
  • Year Built1984
  • Taxes13662
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15300
  • Lot Size1.16 Acres
Listing Provided Courtesy Of:
CHARLES RUTENBERG REALTY INC
Data Source:
Stellar MLS
Property Description

NOW OFFERED at $1.9M!!! High Traffic Location!!! Great Commercial Income investment opportunity with long term Tenants. Highly desirable Ulmerton Road frontage/signage, near US-HWY-19 N. High Traffic volume for great business visibility! Average Daily Traffic Count: 32,000 to 52,000 (SR-688). Zoned C-2: Warehouse, Industrial, Automotive (Light Manufacturing (41). Land Use Code C-G. Property Use: 4105 (Garage/Workshop). 100% Occupancy: All units Fully Rented (0-Vacancy). Rent Rolls & Financials available with 'Proof of Funds' (POF) and signed 'Non-Disclosure Agreement' (NDA). Gross Annual Income: $107,000 (APX). Current CAP Rate should be easy to raise with Adjustments to Long Term Lease Agreements. Rents subject to market adjustment by new owner(s). 16 Total Units are occupied by 5 Long Term Tenants (paying month to month rent). Rents are slightly below "market" and are subject to adjustment (or "otherwise") by new owner. Each Individual (non-combined) original Unit size is apx 956 SqFt. Schedule Showing with Realtor. Do not approach Tenants. Prime location with frontage on main "High Traffic Count" Thoroughfare!

Price History
2/19/2021 Listed $2,200,000
5/6/2021 14% - $1,900,000

General Features

Business Type Auto Service, Industrial, Professional Service, Warehouse, Wholesale
Construction Materials Block, Concrete
Cooling Other
Lease Term Month To Month
Levels One
MLS Area 33771 - Largo
Property SubType Industrial
Property Type Commercial Sale
Special Listing Conditions None
Status Active
Subdivision Name PINELLAS GROVES
Terms Cash, Conventional, Other
Total Num Buildings 2
Township 30
Year Built 1984
Zoning C-2

Interior Features

Living Area 15300.00

Exterior Features

Building Area Total 15300.00
Foundation Details Slab
Lot Size Acres 1.16
Lot Size Square Feet 50530
Road Frontage Type County Road, Main Throrughfare, State Road

Amenities

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

Property vs Zip Code Average in 33771

Price
AVG $750K
$1.9M
Taxes
AVG $11,672
$13,662
Visits
AVG 732
513
Year Built
AVG 1969
1984

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