Listing Details for MLS # TB8351919
10787 Oak Street Ne, St Petersburg, Fl 33716

Residential Property - Single Family Residence in St Petersburg

Listing Price: $2,250,000Days on Market: 1

Description of Property

Our exclusive offering known as the Oak Street Exchange, is a fully renovated, multi-building oasis located in the heart of St. Petersburg, Florida. This is a mixed-use building with commercial on the first floor and residential on the second floor. The commercial use allows for live/work for the owner/occupant. It is currently utilized as a creative and unique event venue with nearly 7,000 square feet of indoor space and 1.25 acres of landscaped grounds. The Oak Street Exchange offers beautiful and functional spaces perfect for events, but can also be utilized as a corporate headquarters, innovative office space, employee training or retreat center as well as many other functions. The IS zoning along with the property's flexible and thoughtful layout allows for numerous business and hospitality uses in a beautiful setting convenient to everything Tampa Bay has to offer. Oak Street Exchange has undergone a state of the art renovation over the last 24 months. The property has been upgraded with $1 million in high end improvements including new plumbing, electrical, HVAC and roofing on all structures - see the full list of detailed improvements attached. The main building is 5,376 SF and features a first floor multi-purpose great room, training room(s), studio/office, three ADA bathrooms, and a fully-furnished hair salon which is easily converted to additional office space. The second floor unveils a large gathering space, full kitchen, four bedrooms and two full bathrooms. In addition to the main house, the Oak Street Exchange includes 2 accessory buildings, the Derby House and the Carriage House. Both buildings are located in the fenced-in back yard surrounded by beautiful landscaped outdoor areas including a large deck and fire pit. The Derby House offers 1,000 SF of open interior space and a large outdoor area. The Carriage House is 450 SF offering a charming yet functional design. Its open floor plan provides ample space, while large windows ensure excellent light and accessibility. The Oak Street Exchange is more than just a property, it’s a statement asset with an unrivaled blend of sophistication, adaptability, and a prime location in one of the fastest growing areas in the country. Don’t miss this rare opportunity to own an extraordinary piece of St. Petersburg real estate.The average asking price for a 4 bedroom/2 bath single family residence in this Zip code is $1,582,500. This single family residence is listed at about 142% of the average asking price. This is the only 4 bedroom/2 bath single family residence between $2,000,000 and $2,600,000 currently listed for sale in this Zip code.