PRATHERS FOURTH ROYAL, ST PETERSBURG, FL, 33712
$729,000
Business Opportunity
Living Area
2,436 Sqft
Lot Size
6,595 Sqft
Rare opportunity to acquire a 5-bedroom, 3-bathroom property in central St. Petersburg, previously utilized as a group home and well-suited for residential care or assisted living operations. The property is configured to support group living, featuring multiple common areas, an updated kitchen with quartz countertops, designated office/nurse’s station, and a storage/medication room. Two en-suite bedrooms provide added functionality, including a spacious upstairs primary suite with approximately 600 sq ft of additional living space. Exterior amenities include a heated pool with attached spa, fenced yard, patio area, and alley access. Property also includes major system updates such as HVAC (2023), whole-house generator, irrigation system, and security camera system. Most furnishings are included in the sale, with the exception of furniture in the upstairs primary bedroom and the southeast downstairs bedroom. Artwork is not included. Property contains medical/support equipment from prior use; equipment is not included in the sale unless separately negotiated. Seller reports prior use as a group home with income potential; buyer to independently verify financials, licensing, zoning, and intended use. Conveniently located near the Deuces Live District, with access to the Grand Central District, 16th Street corridor, and the Tropicana Field/Stadium area.
Property Details
Property Features Property Features
MLS ID: MFRTB8502453 Year Built: 1999
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer Building Features: Pool/Spa
Business Type: Assisted Living Construction Materials: Block, Stucco
Cooling: Central Air, Zoned Country: US
County Or Parish: Pinellas Direction Faces: South
Flooring: Bamboo, Hardwood, Tile Foundation Details: Slab
Heating: Central Listing Agreement: Exclusive Agency
Listing Terms: Cash Lot Features: City Limits
Occupant Type: Owner Possession: Close Of Escrow
Property Sub Type: Mixed Use Property Type: Business Opportunity
Road Frontage Type: City Street Road Surface Type: Asphalt
Roof: Shingle Security Features: Security System
Sewer: Public Sewer Showing Requirements: Call Owner, See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Public
Water Source: Public Window Features: Window Treatments
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