Turnkey Medical Office in St.
1152 62ND AVENUE S St Petersburg, FL 33705
1152 62ND AVENUE S, St Petersburg, FL, 33705
$920,000
For Sale
$920,000
Office - ST PETERSBURG, FL
Property Size2,496 SF
Lot Size0.23 Acres
Price / SF$368.59
Days on Market141
Property Features for 1152 62ND AVENUE S
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- 12-32-16-47070-000-0070
- Size
- 2,496 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4794.43
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1979
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
CHARLES RUTENBERG REALTY INC
(727) 538-9200
1545 S Belcher Rd, Clearwater, FL
Listed by
Caroline Hanna · License #3177435
(727) 667-8377
Added: Feb 25 Checked: Jul 16 at 11:06 pm
MLS# TB8471864
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property offers an excellent opportunity to own a fully built-out medical office in St. Petersburg. Ideally suited for medical, dental, or other healthcare-related practices, it can also serve as executive offices for non-healthcare related businesses. The property features three entry doors, allowing for subdivision into up to three different offices or businesses. The interior includes eight exam rooms, a dedicated lab room, a break room, and three restrooms, providing a functional layout for efficient daily operations and flexibility for various specialties and practice sizes. The exterior provides 12 on-site parking spaces for patients and staff, along with a private pylon sign for strong visibility. The roof was replaced in 2016. Strategically located in South St. Petersburg with convenient access to major roadways, this 2496-square-foot property sits on a 0.23-acre lot.
Key Highlights
- Turnkey medical office ready for immediate use.
- Ideal for medical, dental, healthcare or executive offices with flexible floor plan.
- Potential to subdivide into up to 3 separate offices with 3 entry doors.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.0k | $26.04 |
| − Vacancy | −$13.3k | −$5.34 |
| EGI | $51.7k | $20.70 |
| − OpEx | −$12.9k | −$5.18 |
| NOI | $38.8k | $15.53 |
2,496 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$553.6K
$484.4K – $645.9K
NOI $38,754 @ 7.0% cap · market cap 4.21%
Second Best
Healthcare Medical
$328.9K
$287.8K – $383.7K
NOI $23,021 @ 7.0% cap · market cap 2.50%
Theoretical Best
Office A
$649.2K
$568.1K – $757.4K
NOI $45,446 @ 7.0% cap · market cap 4.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sherif Mina St ...
Pediatrician
Saint Mary's Family ...
Medical Clinic
Dr. Sherif M. ...
Pediatrician
Private Sector Prints
Printing Service
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FAQs
What type of property is this?
Medical Office Space - Fully built-out medical office with flexible layout and ample parking.
Where is this medical office space located?
The property is located at 1152 62ND AVENUE S St Petersburg, FL.
What is the asking price?
The asking price for this property is $920,000.
What are key features of this property?
This property features: Turnkey medical office ready for immediate use.; Ideal for medical, dental, healthcare or executive offices with flexible floor plan.; Potential to subdivide into up to 3 separate offices with 3 entry doors.
