116 5th Street South, Saint Petersburg, FL 33701 - multi-family property

Detailed information about multi-family property which situated in Saint Petersburg (33701) city, Florida state on 116 5th Street South.

Additional Information: Rare opportunity to own an historical, architecturally significant, unrenovated piece of the rich history of beautiful Saint Petersburg, Florida. Built in the Mediterranean Revival architectural style, the 51,512 square foot, 4 story building, with a 5th story tower radiates with character. The unique, interior includes pecky cypress beams, ornate plaster, tile pool and patio and mayan decorative features. The structure is listed in the St Petersburg Register of Historic Places and is eligible for listing in the National Historic Register. Ready for redevelopment, the location and building lend itself to many different possiblilites. Located in the downtown area, the venue would be perfect for Multi-family use, Office, Church, School, nightclub, boutique hotel, an exclusive spa or a mixed use development. Location is in walking distance of the downtown restaurants, shops and waterfront. Tax credits and incentives available.