NOT LISTED FOR SALE

Estimated Value: $483,596

0.3 Acre
$1,611,987 Price per Acre
13,068 Sq Ft Lot

Last Sold March 23, 2022

Last sale price $475,000

Est. 2% increase in value since last sale

Current estimated payment $3,759/month

30 Days on Market

About This Lot

As of March 2022

This lot is currently being operated as a used car dealership tenant. The tenant is paying $3,500/mo. in rent. The lot is zoned C2 - General Commercial and can accommodate multi-family, medical suites, retail, etc.

Located on 49th St with a heavy traffic count of 28,000 vehicles passing by each day. This is a great opportunity to come in and get an easy rental income at an almost 10% cap rate or redevelop the land into a multi-family, medical offices or any other type of commercial property you'd like. Please do not disturb tenants when driving by to view lot. Located immediately South of the intersection of 49th St & 46th Ave. Easily accessible to I275, 34th St and a quick jaunt to downtown St. Pete.

Last Agent to Sell the Property

Chris Gash

EXP REALTY License #3313142 Listed on: 10/08/2021

EXP REALTY

Last Buyer's Agent

Jim Newman

MC HOMES REALTY INC License #3274129

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,075

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 135x100
  • Unincorporated Location
  • East Facing Home
  • Property is zoned C-2

Community Details

  • Caledonia Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / 1
  • Assessor Parcel Number 04-31-16-12978-000-0200

Property Details

Property Type

Land

Est. Annual Taxes

$5,075

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13277
  • Directions to Property: South on 49th St, just past 46th Ave on the right side. Currently operating as a used car dealership. Do not disturb tenants, direct all questions to listing agent.
  • Status: Sold
  • Street Post Direction: N
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 1.05556
  • Price per Sq Ft: 35.78
  • Close to Original List Price Ratio: 1.05556
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4580

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: City Street
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Front Footage: 150
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: C-2
  • Parcel Number: 04-31-16-12978-000-0200
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: Buildable, Curb and Gutters, In County, Unincorporated
  • Lot Dimensions: 135x100
  • Price Per Acre: 1583333
  • Flood Zone Code: x
  • Current Adjacent Use: Commercial

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 5075.38
  • Tax Block: 1
  • Tax Book Number: 12-52
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Mar 3, 2022
Sold by
Ghoneim Enterprises Inc
Bought by
Sophies Property Llc
Seller's Agent
Chris Gash
EXP REALTY
Buyer's Agent
Jim Newman
MC HOMES REALTY INC
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Current Estimated Value
$483,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,596
Original Mortgage
$525,000
Outstanding Balance
$490,524
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2017
Sold by
Mcdevitt Timothy J
Bought by
Ghoneim Enterprises Inc

Purchase Details

Closed on
Sep 14, 2000
Sold by
Villandry Peter C and Villandry Denise L
Bought by
Mcdevitt Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 1998
Sold by
Villandry Peter C and Villandry Denise L
Bought by
First Security Of St Pete Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.61%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sophies Property Llc $475,000 New Title Company Name
Sophies Property Llc $475,000 New Title Company Name
Ghoneim Enterprises Inc $199,500 Equity National Title Llc
Mcdevitt Timothy J $200,000 --
Villandry Peter C -- --
First Security Of St Pete Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sophies Property Llc $525,000
Closed Sophies Property Llc $525,000
Previous Owner First Security Of St Pete Inc $170,000
Previous Owner First Security Of St Pete Inc $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $475,000 +5.6% --
11/06/2021 11/06/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $450,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $13,552 $610,000 $355,982 $254,018
2023 $13,552 $587,000 $350,655 $236,345
2022 $13,782 $587,000 $389,471 $197,529
2021 $5,075 $194,000 $0 $0
2020 $5,127 $194,000 $0 $0
2019 $4,940 $184,500 $156,852 $27,648
2018 $4,736 $174,500 $0 $0
2017 $4,623 $167,500 $0 $0
2016 $4,281 $160,000 $0 $0
2015 $4,073 $148,400 $0 $0
2014 $4,093 $149,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8139249

Stellar MLS

APN: 04-31-16-12978-000-0200