NOT LISTED FOR SALE

423 Corey Ave Saint Pete Beach, FL 33706

Estimated Value: $903,312

2 Beds
3.5 Baths
3,482 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $998,000 $287 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,846/month

155 Days on Market

Highlights

  • Property is near a marina
  • City View
  • Property is near public transit
  • The property is located in a historic district
  • Coastal Architecture
  • Wood Flooring

About This Home

As of September 2024

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 cafe/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. For a video Tour, visit:

Last Agent to Sell the Property

Pam Moll

COLDWELL BANKER REALTY Brokerage Phone: 727-360-6927 License #3419150 Listed on: 03/20/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Pam Moll

COLDWELL BANKER REALTY Brokerage Phone: 727-360-6927 License #3419150 Listed on: 03/20/2024

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,469

Year Built

  • Built in 1941

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 50x100
  • South Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Street paved with bricks
  • Cleared Lot

Parking

  • 7 Carport Spaces

Home Design

  • Coastal Architecture
  • Cottage
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,482 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • City Views
  • Range

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near a marina
  • Exterior Lighting
  • Rear Porch

Location

  • Property is near public transit
  • The property is located in a historic district

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • St Petersburg Beach Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,469

Year Built

Built in 1941

Lot Details

4,996 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal, Cottage
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3482
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1941
  • Building Area Total: 3482
  • Lot Size Sq Ft: 4996
  • Status: Sold
  • Co List Office Phone: 727-360-6927
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 323.49
  • Escrow City: St Pete Beach
  • Escrow State: FL
  • Escrow Street Name: Corey Avenue
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 286.62
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Property Description: Corner Unit
  • MFR_NumAssignedParkingSpaces: 6
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 727-360-6927
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 323.49

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Side Porch
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 7
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 36-31-15-77994-060-0110
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Cleared, Historic District, City Limits, Landscaped, Near Marina, Near Public Transit, Sidewalk, Street Brick
  • Lot Dimensions: 50x100
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See City of St Pete for Lease Requirements

Tax Info

  • Tax Annual Amount: 13468.64
  • Tax Block: 60
  • Tax Book Number: 5-28
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Palmero Drive Trust and Sjolund Erica
Bought by
Seimetz Amy
Current Estimated Value
$903,312

Purchase Details

Listed on
Mar 20, 2024
Closed on
Sep 25, 2024
Sold by
Rybarczyk David and Elliott April
Bought by
Palermo Drive Trust and Sjolund
Seller's Agent
Pam Moll
COLDWELL BANKER REALTY
Buyer's Agent
Pam Moll
COLDWELL BANKER REALTY
List Price
$1,150,000
Sold Price
$998,000
Premium/Discount to List
-$152,000
-13.22%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.56%

Purchase Details

Closed on
Aug 5, 2022
Sold by
Midtown Management Corp
Bought by
Elliott April and Rybarczyk David

Purchase Details

Closed on
Nov 30, 2018
Sold by
Adams Roger L and Adams Sally K
Bought by
Midtown Management Corp

Purchase Details

Closed on
Aug 28, 2002
Sold by
Mcsmith Inc C
Bought by
Adams Roger L and Adams Sally K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 1999
Sold by
Katherine Stanley and Katherine M Cidlowski J
Bought by
Pattishall Cheryl P and Wyckoff Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,976
Interest Rate
7.58%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 1994
Sold by
Out Sight Inc
Bought by
Cidlowski Stanley and Cidlowski Katherine Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,539
Interest Rate
8.07%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seimetz Amy $100 None Listed On Document
I Love You More Llc $100 None Listed On Document
I Love You More Llc $100 None Listed On Document
Seimetz Amy $100 None Listed On Document
Palermo Drive Trust $998,000 Sunbelt Title
Elliott April $954,500 Sanders Title
Midtown Management Corp $725,000 Attorney
Adams Roger L $473,500 --
Pattishall Cheryl P $330,000 --
Cidlowski Stanley $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pattishall Cheryl P $331,000
Previous Owner Pattishall Cheryl P $170,000
Previous Owner Pattishall Cheryl P $270,976
Previous Owner Cidlowski Stanley $69,539
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Sold $998,000 -13.2% $287 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $1,150,000 0.0% $330 / Sq Ft
07/30/2024 07/30/24 For Sale $1,150,000 -8.0% $330 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $1,250,000 -10.7% $359 / Sq Ft
05/23/2024 05/23/24 For Sale $1,400,000 0.0% $402 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $1,400,000 -9.7% $402 / Sq Ft
03/20/2024 03/20/24 For Sale $1,550,000 -- $445 / Sq Ft
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,749 $850,000 $420,860 $429,140
2024 $13,469 $865,000 $414,898 $450,102
2023 $13,469 $830,000 $384,678 $445,322
2022 $11,068 $670,000 $346,760 $323,240
2021 $11,141 $640,000 $0 $0
2020 $11,457 $650,000 $0 $0
2019 $11,567 $650,000 $296,963 $353,037
2018 $6,864 $375,000 $0 $0
2017 $6,413 $345,000 $0 $0
2016 $6,225 $330,500 $0 $0
2015 $6,126 $320,000 $0 $0
2014 -- $305,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8229785

Stellar MLS

APN: 36-31-15-77994-060-0110

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