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2200 49TH STREET N

ST PETERSBURG , FL 33710

MLS#: TB8490433

$1,550,000

Status: Active
Listing number: TB8490433
Listing provided by: SMITH & ASSOCIATES REAL ESTATE
Listing agent phone: None
Last update: 7 hours ago
New on site 1 day ago
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LAKE SHEFFIELD 2ND SEC - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1954

Sq.Footage

1,472

Rare opportunity to acquire a fully leased boutique medical and aesthetic suite property with real estate in one of the most desirable corridors in St. Petersburg. This turnkey investment offers stable in-place income with significant upside potential, ideal for both investors and owner-users. The property generates approximately $150,000 in annual gross income with a projected NOI of $114,000, representing an attractive ~7% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Concrete

  • Other Exterior Features

    Storage

  • Parking

    Electric Vehicle Charging Station(s), Lighted

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Landscaped, Near Public Transit, Paved

  • Lot Size(acres)

    0.2

  • Property Type

    Commercial Sale

  • Property Sub Type

    Business

Price

  • Sales Price

    $1,550,000

  • Tax Amount

    $6,398.15

  • Sq. Footage

    1, 472

  • Price/SqFt

    $1,052

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Accessibility Features

    Accessible Entrance, Accessible Approach with Ramp, Accessible Common Area, Visitor Bathroom, Accessible Hallway(s)

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    11

  • Water Source

    None

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Location

County

Pinellas

Elementary School

Middle School

High School

Listing Courtesy of Jenny Schmidt , SMITH & ASSOCIATES REAL ESTATE

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Ashley Baillio

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(561) 609-2391

franko+southflorida@init.hr


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Rare opportunity to acquire a fully leased boutique medical and aesthetic suite property with real estate in one of the most desirable corridors in St. Petersburg. This turnkey investment offers stable in-place income with significant upside potential, ideal for both investors and owner-users. The property generates approximately $150,000 in annual gross income with a projected NOI of $114,000, representing an attractive ~7% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.

2200 49TH STREET N

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None Beds

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