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Julia Vakulenko - Broker -

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423 COREY AVE, ST PETE BEACH, 33706

  • $1,400,000
  • Price changed 04/09/2024 from $1,550,000, -9.68%
  • 2 Beds, 3 Baths (and 1 half-baths) , 3,482 Sq.Ft
  • County: Pinellas
  • Subdivision: ST PETERSBURG BEACH REP


Property highlights

  • MLS#: U8229785
  • 4,996.00 lot size Sq.Ft.
  • Year built: 1941
  • Carport spaces: 7

Property Overview

One or more photo(s) has been virtually staged. Introducing 423 Corey Ave - an exceptional Historic Town Center Building situated in the bustling heart of St. Pete Beach, Florida. This property presents an outstanding opportunity for investors and business owners alike, offering remarkable versatility. Imagine having your business downstairs and your residence upstairs, all in one convenient location. Nestled between the Gulf of Mexico and Boca Ciega Bay, this building boasts prime storefront space within the Corey Avenue Shopping District. It comprises three commercial units and a charming 2-bedroom, 1-bathroom coastal cottage residence on the upper floor, totaling over 3,400 square feet. This setup provides potential for rental income or a combined business and living space. The property includes 4 spaces, 4 bathrooms, a laundry room, storage, 4 separate meters, and a fenced courtyard with access to 3 spaces. Additionally, all commercial units feature two exit doors. The commercial units have previously housed boutiques, specialty shops, craft and jewelry stores, clothing boutiques, and unique gift shops. They can easily be repurposed for a variety of businesses, such as a nail salon, souvenir shop, or café/bakery. The surrounding Corey Avenue area is known for its diverse range of restaurants, offering options for casual dining and fine cuisine, many with outdoor 'pet-friendly' dining. Corey Avenue has been a vibrant hub in St. Pete Beach for over six decades, drawing visitors from around the world with its welcoming atmosphere and exciting events. The Corey Avenue Business Association hosts numerous events throughout the year, including parades, wine tastings, arts and crafts festivals, and a bustling Sunday Morning Market from October through May. Recent upgrades to the property include a new roof (2023), restored hardwood flooring (2023), HVAC and ducting (2023), paint, and minor repairs. The prime location and recent improvements make this property an excellent opportunity for business expansion or startup. There is also a carport in the back alley that can accommodate six or more vehicles, providing ample parking for customers. With its storefront offering high foot traffic and visibility in a well-preserved historic beach shopping center, this property is an ideal choice for any retail business seeking maximum exposure. It is currently vacant and ready for immediate use, with convenient access and parking for customers. The uniqueness of 423 Corey Avenue lies in its second-story residence, offering a blend of commercial and residential space. Falling within the Town-Center-1 Core District, this property supports medium to high-intensity land uses and fosters a pedestrian-friendly environment. Don't miss out on this extraordinary opportunity to secure a coveted residence space with attached business space in the heart of Corey Ave, St. Pete Beach! Schedule a viewing appointment today to explore the possibilities.

Driving directions : Take I275S to exit 17, continue west on Pinellas Bayway S to Gulf Blvd. turn right, take gulf Blvd North to Corey Ave, turn right, east, 429 Corey is on the left. From Tampa International Airport Take I-275 S to 22nd Ave S in St. Petersburg. Take exit 19 from I-275 S 19 min (20.4 mi) , Continue on 22nd Ave S. Take Gulfport Blvd S and Pasadena Ave S to Corey Ave in St. Pete Beach 13 min (5.5 mi) , 423 Corey Ave St Pete Beach, FL 33706

Property Features

Rooms Dimension Description
Bedroom 1 12x14 Second level , Wood
Primary Bedroom 11x14 Second level , Wood
Kitchen 11x10 Second level , Wood
Living Room 11x22 Second level , Wood

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo

Appliances

  • Dryer
  • Range
  • Refrigerator
  • Washer

Heating

  • Central
  • Electric

Laundry features

  • Laundry Room

Air Conditioning

  • Central Air

Floor Covering

  • Ceramic Tile
  • Concrete
  • Wood

Utilities

  • Cable Available
  • Electricity Connected
  • Phone Available
  • Public
  • Sewer Connected
  • Street Lights
  • Water Connected

Exterior features

  • Lighting
  • Sidewalk

View

  • City

Patio and porch features

  • Rear Porch
  • Side Porch

Architectural Style

  • Coastal
  • Cottage

Construction Materials

  • Block
  • Stucco
  • Wood Frame

Road Surface Type

  • Asphalt

Property Condition

  • Completed

Roof

  • Shingle

Foundation

  • Slab

Vegetation

  • Mature Landscaping

Lot Features

  • Cleared
  • Historic District
  • City Limits
  • Landscaped
  • Near Marina
  • Near Public Transit
  • Sidewalk
  • Street Brick

Listing information courtesy of COLDWELL BANKER REALTY

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