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$998,000
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Property Description
One or more photo(s) has been virtually staged. Presenting 423 Corey Ave - a remarkable Historic Corey Avenue Town Center Building nestled in the bustling heart of St. Pete Beach, Florida. This property stands as a golden opportunity for both investors and business visionaries seeking versatility. Positioned between the Gulf of Mexico and Boca Ciega Bay, it offers prime storefront space in the coveted Corey Avenue Shopping District. Comprising three commercial units alongside a charming 2-bedroom, 1-bathroom coastal cottage residence on the upper floor, this property spans over 3,400 square feet, opening doors to potential rental income or an integrated business and living environment. With a total configuration of 4 spaces, 4 bathrooms, a laundry room, storage facilities, 4 separate meters, and a fenced-in courtyard with access to 3 spaces, the possibilities are endless. Previous uses of the commercial units range from boutiques and specialty shops to craft stores and unique gift shops. Imagine transforming these spaces into a nail salon, souvenir shop, or trendy café/bakery, as illustrated in the virtually staged photos. Moreover, Corey Avenue itself boasts an eclectic array of dining options, with many restaurants offering outdoor 'pet-friendly' dining experiences. For over six decades, Corey Avenue has been a vibrant epicenter, drawing visitors from far and wide with its welcoming ambiance, exceptional sales, and vibrant events. The Corey Avenue Business Association hosts an array of engaging events year-round, including parades, wine tastings, arts and crafts festivals, and a bustling Sunday Morning Market from October through May, featuring up to 80 vendors and live music. Recent upgrades including a new roof (2023), restored hardwood flooring (2023), HVAC and ducting (2023), paint, and minor repairs, enhance the property's appeal and functionality. This prime location offers a lucrative opportunity to establish or expand your business amidst a thriving retail landscape. Boasting a storefront with high foot traffic in a well-preserved historic beach shopping center, this property is an ideal choice for any retail business seeking maximum exposure and foot traffic. Vacant and ready for immediate use, it presents an excellent opportunity for business growth or startup endeavors. Customers enjoy convenient access and ample parking, while the property's 0.11-acre lot offers room for displays and signage. The unique inclusion of a second-story 2-bedroom, 1-bathroom residence adds further allure to the property. Zoned within the Town-Center-1 Core District, it serves as the city's hub and supports medium to high-intensity land uses, fostering a pedestrian-friendly environment. Seize this extraordinary chance to secure a coveted retail space in the heart of Corey Ave, St. Pete Beach! Embark on this exhilarating journey by scheduling a viewing appointment today!
Full Property Details
Full Property Details for 423 Corey Ave
General
- Sold For: $998,000
- Taxes: $13,468 (2023)
- Status: Closed
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: U8228348
- Added to Site: 720 day(s) ago
Rental Information
- Complex Features: Bathrooms, Fencing
Interior
- Appliances: Refrigerator
- Flooring: Ceramic Tile, Concrete, Reclaimed Wood
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- County: Pinellas
- Development Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Subdivision: ST PETERSBURG BEACH REP
- Driving Directions: From I275S , exit 17, go West to Gulf Blvd. Turn right (north) to Corey Ave. From Airport- Take I-275 S to 22nd Ave S in St. Petersburg. Take exit 19 from I-275 S , Continue on 22nd Ave S. Take Gulfport Blvd S and Pasadena Ave S to Corey Ave in St. Pete Beach (5.5 mi) 423 Corey Ave St Pete Beach, FL 33706 The building has 429 on the farthest west space, then 425, and 423 to the east.
- Direction Faces: South
Community
- Community Name: 33706 - Pass a Grille Bch/St Pete Bch/Treasure Isl
- Community Features: Curbs, Sidewalks
- Management Type: Owner Manager
- Mgmt. Company: Owner Manager
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Phone Available, Public, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Concrete, Stucco, Wood Frame
- Roof: Shingle
- Ceiling Type: Acoustical, Insulatio
- Windows: Aluminum Frames, Blinds
- Stories/Levels: Two
- Square Feet: 3,482
- Sq. Ft. Source: Public Records
- Living Area: 3,482 Sq. Ft.
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,996
- Lot Size: 4996
- Lot Dimensions: 50 x 100
- Frontage: Alley, City Street, Other
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $13,468.64
- Tax Year: 2023
Disclosures and Reports
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: ST PETERSBURG BEACH REPLAT BLK 60, LOT 11 LESS ALLEY
- Flood Zone Info: AE
- APN: 363115779940600110
- Property ID: 363115779940600110
- Block/Lot/Section: 60
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Schools
Schools serving 423 Corey Ave
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Azalea Elementary School 1680 74th St N, St. Petersburg, FL 33710 | PK-5 | 3.2 mi |
Azalea Middle School 7855 22nd Ave N, St. Petersburg, FL 33710 | 6-8 | 3.5 mi |
Boca Ciega High School 924 58th Street South, Gulfport, FL 33707 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 423 Corey Ave
Date
Details
Price
Change
Source
9/25/2024
Sold
$998,000
-20.16%
MLS
5/30/2024
Price Reduced
$1,250,000
-10.71%
MLS
5/06/2024
Price Reduced
$1,400,000
-9.68%
MLS
1/29/2024
Listed
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
423 Corey Avenue, Saint Pete Beach, FL 33706 (MLS# U8228348) is a Commercial property that was sold at $998,000 on September 25, 2024. This property was listed by Pam Moll from our St. Pete Beach Office.Want to learn more about 423 Corey Avenue? Do you have questions about finding other Commercial real estate for sale in Pass A Grille Beach? You can browse all Pass A Grille Beach real estate or contact a Coldwell Banker agent to request more information.


