Active

$3,490,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 12688 sq ft
Overview
  • ID: MFRU8239065
  • Bedrooms:
  • Bathrooms: 0
  • Size: 12688 sq ft
Property Details
Remarks
Unique Investment Opportunity: Mixed-Use Property with Sale Lease Back Option. Experience a unique investment opportunity with this 13,000 square-foot mixed-use property prominently housing the BT Sports Academy. This expansive site includes three units, two of which are currently used by the Academy, and features over an acre of fenced soccer fields for enhanced security and enjoyment. Strategically situated with access from 49th Street and additional parking via a southern easement, this property offers outstanding visibility and high daily traffic of over 27,000 cars, ensuring maximum exposure. The owner proposes a sale lease back option for five years with a $1.5 million down payment and terms to be negotiated under a purchase and sale agreement. Upgraded for optimal performance and safety, the building includes a fully sprinklered system with fire alarm monitoring ($95,000 value) and a new TPO roof installed in 2023 ($45,000 value). The lounge area is cooled with two 5-ton AC units, and the gym features 5 mini-split AC systems, combining comfort with functionality. The property has 17 regular parking spaces and 1 handicap, with over 70 overflow parking along south easement. Zoned M1 with permissions for club and lodging uses, potential re-zoning could expand uses to include warehouse, retail, club lodging, or workforce housing. Additional features include multiple overhead doors and a well-appointed lounge area suitable for events and catering. Seller financing is available, making this an excellent opportunity for those looking for a versatile property in the heart of Pinellas Park. Don't miss out on owning this distinctive location.
Financial Considerations
Price:
$3,490,000
HOA Fee:
N/A
Tax Amount:
$14419
Price per SqFt:
$263.44
Tax Legal Description:
PINELLAS FARMS NE 1/4, SEC 33-30-16 N 130FT OF FARM 31 LESS W'LY 35FT & E 30FT FOR RD R/W
Exterior Features
Lot Size:
78099
Lot Features:
City Limits, Oversized Lot, Street Lights
Waterfront:
No
Parking Spaces:
N/A
Parking:
Parking Spaces - 6 to 12
Roof:
Built-Up
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Carpet, Concrete
Levels:
One
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
1957
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    6351 49TH ST N
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