Coquina Key Plaza

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30511344
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 9,642 SF
Gross Building Area: See Agent
Sale Price: $1,600,000
Unit Price: $165.94 PSF
Property Use Type: Investment
Building Name: Coquina Key Plaza
Sale Terms: Cash to Seller
Cap Rate: 8.73%
Average Occupancy Rate: 100
Last Updated: 10/19/2019

Overview / Comments

Mixed Use Portfolio - Restaurant - Office - Retail - Multi-family
100% Leased
12 Income Streams from 8 Buildings on 4 Contiguous Tax Parcels
Local Family is Anchor Restaurant Tenant with Long Term Lease
2 Leased Office Spaces
1 Barber Shop
7 Duplex Style Apartments
1 Garage Apartment
Gross Income $172,200 per year
Net Operating Income $139,690 per year

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: Pinellas County
Tax ID/APN: 17 32 06 57384 000 0130
Zoning: CCS
Retail Clientele: Family, Recreation
Property Visibility: Excellent
Largest Nearby Street: 6th Street South
Traffic/Vehicle Count: 15,178
Site Description: .83 Acre on 4 contiguous parcels 8 Separate Buildings
Area Description: Up and Coming South St Petersburg
Tenancy: Multiple Tenants
Total Number of Buildings: 8
Number of Stories: 2
Year Renovated: 2017
Parking Description: On site and agreement to park off site
Zoning Description: CCS-1
Lot Frontage: 293
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Easements Description: Parking

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,341 72,939 166,975
Median Age: 39.5 39.3 42.13
Households: 4,921 30,249 73,509

Contact

Photograph of Listing Agent

Harold Holder Jr

Keller Williams Commercial
CE-FL Member
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