|
This is a unique, two-building flex property located directly on the Pinellas Trail with frontage on 49th Street South, the main north–south corridor into Gulfport with approximately 22, 000 vehicles per day. This property is a rare opportunity to purchase a property with both high traffic road frontage and direct frontage on The Pinellas Trail.
The site consists of 4, 924 SF gross SF across two concrete block buildings (3, 460 SF and 1, 464 SF), plus a bonus storage shed fronting the trail, situated on a 0. 31-acre lot with 10+ parking spaces. The interior configuration includes multiple small rooms and studios, making it well-suited for creative users, multi-tenant concepts, or owner-operators looking to generate multiple income streams.
The property is zoned Commercial General, allowing for a wide range of uses including retail, office, personal services, restaurant, warehouse, trade shops, automotive and marine-related uses, fitness, and many conditional uses. The outdoor areas provide functional space for pop-up markets, events, vendor stalls, or customer gathering, which pairs naturally with the heavy pedestrian and cyclist traffic along the Pinellas Trail.
With an average of 160, 000 trail users per month, this property functions as a true destination site, offering visibility not just to vehicles, but to a constant stream of cyclists, pedestrians, and local residents. Whether repositioned for creative studios, retail, wellness, trades, or a potential hybrid live-work or market concept, this is a highly adaptable property in the City of Gulflort, FL.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $487 | $487 | $487 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,293 | $4,409 | $6,042 |
| Total Monthly Payment | $4,872 | $4,988 | $6,621 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.