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Wade M. Berlin

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3501 1st Avenue S
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PRICED AT ONLY: $999,000

Address: 3501 1st Avenue S, ST PETERSBURG, FL 33711

Description

Low Risk NNN Investment with Annual Growth | Prime St. Petersburg Commercial Property. Rare opportunity to acquire a Triple Net (NNN) leased commercial building in St. Petersburg, FL, fully leased to a well established veterinary hospital. This 2,628 sq ft standalone property offers stable, hands off income with the tenant responsible for rent, Half of the property taxes, insurance, utilities, operating expenses, and lawn maintenanceperfect for investors or 1031 exchange buyers. Key Investment Highlights Annual Rent Increases for consistent cash flow Lease Term: 5 years remaining with a 5 year renewal option Established Tenant: Thriving veterinary practice in operation | Prime Corner Location: 1st Ave S & 35th St, one block from US 19 / 34th St with high visibility and heavy traffic. | Upgrades & Maintenance: New roof, painted soffit/fascia (2024), $12,000 in tree removal and pruning | Property Features:11 Parking Spaces, including 2 ADA compliant | Dedicated staff/doctor parking | Three driveways for easy access | Circular drop off/pick up area. Located in a high traffic commercial corridor of St. Petersburg, this property benefits from excellent visibility, strong tenant stability, and long term growth potential. A cash flow positive, low risk investment in one of Floridas most vibrant commercial markets.
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  • MLS#: TB8362460 ( Commercial Sale )
  • Street Address: 3501 1st Avenue S
  • Viewed: 92
  • Price: $999,000
  • Price sqft: $323
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 3090
  • Days On Market: 377
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 2628.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 13 to 18
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Road Frontage Type: Alley, City Street
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable, Public, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: WEST CENTRAL AVE SUB BLK B PART REP BLK B, LOT 1
  • Levels: One
  • Area Major: 33711 - St Pete/Gulfport
  • Occupant Type: Tenant
  • Parcel Number: 22-31-16-96219-002-0010
  • Possession: Close Of Escrow
  • Views: 92
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Details for 1254 34th Street S, ST PETERSBURG, FL 33711
$913,000.00 ($244.12 / sqft )

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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin