1601 5TH AVE N St. Petersburg FL 33713

EXTREMELY RARE OPPORTUNITY FOR AN OWNER/USER OR AN INVESTOR TO PURCHASE PRIME REAL ESTATE IN DOWNTOWN ST. PETERSBURG, FL. THE PROPERTY IS LOCATED ON THE HARD CORNER OF 5TH AVE N AND 16TH ST, WITH HEAVY TRAFFIC AND AMAZING VISIBILITY FOR ANY BUSINESS! DOWNTOWN ST. PETERSBURG IS ONE OF THE HOTTEST MARKETS IN THE COUNTRY, SEEING MASSIVE GROWTH AND DEVELOPMENT OVER THE PAST 10 YEARS!

THE PROPERTY CONSISTS OF A 2,700 S/F (M.O.L) RETAIL/OFFICE BUILDING PERFECT FOR ANY BUSINESS AND A PARKING LOT WITH 12 SPACES! 5TH AVE NORTH IS ALREADY HOME TO HUNDREDS OF LOCAL BUSINESSES, MAKING THIS A HIGHLY SOUGHT-AFTER LOCATION IN THE DOWNTOWN CORRIDOR. THE PROPERTY SITS AT A SIGNALIZED INTERSECTION WITH AN ON-RAMP TO INTERSTATE I-275 DIRECTLY NORTH OF THE PROPERTY!

AMAZING SELLER FINANCING IS AVAILABLE AT THIS LOCATION. THE OWNER IS OFFERING THE FOLLOWING INCREDIBLE TERMS FOR A POTENTIAL BUYER: $100,000 IN THE FORM OF A DOWN PAYMENT, 4.5% FIXED IR, INTEREST-ONLY PAYMENTS, AND A 3 OR 5-YEAR BALLOON! AND A 12-MONTH DEFERRAL OF INTEREST PAYMENTS, TO ALLOW FOR THE BUYER TO PAY FOR THE CONSTRUCTION COSTS AT THE PROPERTY IN YEAR 1, INSTEAD OF MAKING MONTHLY PAYMENTS TO THE SELLER!

THESE ARE THE BEST TERMS YOU WILL FIND ON THE MARKET CURRENTLY, AND THEY WILL ALLOW AN OWNER/OPERATOR THE ABILITY TO PUT A SMALL AMOUNT DOWN AND USE THE REMAINING FUNDS TO START THEIR BUSINESS OR MAKE IMPROVEMENTS TO RENT THE PROPERTY OUT AS AN INVESTMENT!

THE BEST PART OF THIS SALE IS THAT THE SELLER WILL PROVIDE SELLER FINANCING AT AMAZING TERMS. CURRENTLY, THE SELLER IS OFFERING THE FOLLOWING SELLER FINANCING TERMS: $100,000 DOWN PAYMENT, 4.5% FIXED INTEREST RATE, AMORTIZED OVER 30 YEARS/ OR INTEREST ONLY, WITH A 3 OR 5-YEAR BALLOON. THESE TERMS WILL ALLOW THE NEW OWNER TO RUN THEIR BUSINESS WITHOUT HAVING TO MAKE A LARGE MORTGAGE PAYMENT TO A BANK EVERY MONTH!

THESE TERMS ARE FAR BETTER THAN ANYTHING A BANK CAN CURRENTLY OFFER, AS A PROPERTY LIKE THIS WOULD REQUIRE CLOSE TO APPROXIMATELY 30% DOWN AND WOULD ONLY OFFER AN AMORTIZATION OF APPROXIMATELY 20-25 YEARS AT BEST WITH NO INTEREST-ONLY OPTION AVAILABLE!

THE BUYERS' MONTHLY SAVINGS FROM USING THE INTEREST-ONLY OPTION ARE IMMENSE. THESE TERMS ARE FAR SUPERIOR TO ANY CONVENTIONAL FINANCING AVAILABLE IN TODAY'S MARKET!

• AMAZING OPPORTUNITY IN DOWNTOWN ST. PETERSBURG, FL!

• PERFECT FOR OWNER/USER OR INVESTOR LOOKING FOR PRIME REAL ESTATE IN ONE OF THE HOTTEST MARKETS IN THE COUNTRY!

• 2,753 S/F (M.O.L) BUILDING ON THE HARD CORNER OF 5TH AVE N AND 16TH ST!

• SIGNALIZED INTERSECTION WITH AMAZING VISIBILITY!

• AMAZING SELLER FINANCING AVAILABLE!

• 12 MONTHS OF INTEREST PAYMENT DEFERRAL, SO A BUYER CAN USE THEIR CASH ON HAND TO UPDATE THE PROPERTY!

• SELLER FINANCING APPROX TERMS:

• DOWN PAYMENT: $100,000

• 4.5% FIXED INTEREST RATE

• INTEREST-ONLY PAYMENTS

• 3 OR 5-YEAR BALLOON

• I-275 ON RAMP DIRECTLY NORTH OF THE PROPERTY!

• MINUTES FROM THE HEART OF DOWNTOWN ST. PETERSBURG!