PRICED AT ONLY: $1,550,000
Address: 2200 49th Street N, ST PETERSBURG, FL 33710
Description
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.
Property Location and Similar Properties
Payment Calculator
- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
For a Fast & FREE Mortgage Pre-Approval
Apply Now
Apply NowShare this Property
- MLS#: TB8490433 ( Commercial Sale )
- Street Address: 2200 49th Street N
- Viewed: 8
- Price: $1,550,000
- Price sqft: $974
- Waterfront: No
- Year Built: 1954
- Bldg sqft: 1592
- Days On Market: 4
- Additional Information
- Geolocation: 27.7921 / -82.7003
- County: PINELLAS
- City: ST PETERSBURG
- Zipcode: 33710
- Subdivision: Lake Sheffield 2nd Sec
- Provided by: SMITH & ASSOCIATES REAL ESTATE
- Contact: Jenny Schmidt
- 727-342-3800
- DMCA Notice
Features
Building and Construction
- Covered Spaces: 0.00
- Flooring: Tile
- Living Area: 1472.00
- Roof: Shingle
Property Information
- Property Condition: Completed
Land Information
- Lot Features: Fire Hydrant, Landscaped, Near Public Transit, Sidewalk, Street Lights, Paved
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Electric Vehicle Charging Station(s), Ground Level, Lighted
Eco-Communities
- Green Energy Efficient: Appliances, HVAC, Water Heater
- Water Source: None
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air, Mini-Split Unit(s)
- Electric: 200+ Amp Service, Three Phase
- Heating: Central, Electric
- Road Frontage Type: City Street, Main Throrughfare, Turn Lanes
- 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: 114000.00
- Other Expense: 0.00
- Tax Year: 2025
Other Features
- Accessibility Features: Accessible Approach with Ramp, Accessible Common Area, Accessible Entrance, Visitor Bathroom, Accessible Hallway(s)
- Appliances: Dryer, Refrigerator, Washer
- Country: US
- Legal Description: LAKE SHEFFIELD 2ND SEC BLK 6, LOT 11
- Area Major: 33710 - St Pete/Crossroads
- Occupant Type: Tenant
- Parcel Number: 09-31-16-48456-006-0110
- Possession: Close Of Escrow
Nearby Subdivisions
Contact Info
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
