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Ultimate Live/work/own investment asset in St. Petersburg, Florida. The property is located in the heart of the growth corridor surrounded by tremendous multi-million-dollar new construction assets. The property features a downstairs retail CBD store that just executed a 1-year extension of their lease. The upstairs unit is a extra Large 1 bedroom 1 bath rental or owners unit currently leased on a MTM basis. The unit has hardwood floors, updated windows, washer & dryer hook ups and is currently rented far under market rates. The current owner has updated the Buildings has electrical systems and both units are on separate electrical meters, both units have central air (upstairs unit is 1 year old). Building exterior was painted two years ago. A New roof was installed 10 years ago. All Signage stays with property if CBD store lease is not renewed or chooses to depart property. Property has working landscape & lawn irrigation. This property is well suited for an attorney, insurance agent/agency, architect or any similar professional that may want to live above his/her business or simply get a monthly return on investment via rent from upper residential unit. Please DO NOT disturb tenants!
Listed by Debbie Mueller, RADIANT ASSET MANAGEMENT INC

Property Details of 1219 Dr Martin Luther King Jr Street N

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Based on information submitted to MFRMLS as of April 14, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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