Pinellas Park In-Fill Redevelopment

Multi-Family for Sale
Catylist Listing ID: 30774756
Property Subtypes: Senior Living, Other
Number of Units: 32 Units
Building Size (RSF): 13,431 SF
Gross Building Area: See Agent
Gross Land Area: 38,174 SF
Sale Price: $1,200,000
Unit Price: $37,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 11/30/2021

Overview / Comments

Former 32-bed assisted living facility.
Closed and prime for redevelopment or repurposing the existing improvements.
City supports converting the existing facility to multi-family with 26 to 32 units.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: City of Pinellas Park
Tax ID/APN: 16 30 29 71082 086 0030
Zoning: B1
Percent Occupied: 0%
Property Located Between: Just north of Park Blvd and just east of 66th St.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,484 123,103 308,513
Median Age: 39.92 44.73 45.16
Households: 4,397 52,528 136,684

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