350 COREY AVENUE St Pete Beach, FL 33706
Retail - ST PETE BEACH, FL
Property Features for 350 COREY AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 36-31-15-77994-054-0040
- Size
- 3,958 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12411.99
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Building materials
- Block
- Architectural style
- Other
Listing agent Lou Zabriski License #3299971 (727) 288-6158
Listing office KELLER WILLIAMS ST PETE REALTY 360 Central Ave Suite 600, Saint Petersburg, FL (727) 894-1600
Listing date Apr 9, 2026
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.
Corey Avenue is described as a central gathering point for residents and visitors, with a mix of restaurants, shops, and neighborhood-serving businesses. The property’s pedestrian traffic is supported by recurring community activity, including the Corey Avenue Sunday Market, and the nearby Beach Theatre that contributes to the district’s destination character.
Within the City’s Town Center zoning district, the property is intended to support walkable retail, dining, and mixed-use development. For buyers seeking a stabilized, street-facing retail asset with an on-site parking component, this offers an operational layout paired with established tenant occupancy. Buyers should verify all zoning and land-use information and confirm details regarding any future development or change of use through applicable approvals.
Key Highlights
- Prime location in the heart of Corey Avenue, a highly desirable and walkable retail district in St. Pete Beach.
- Stabilized income stream from established tenants.
- Consistent pedestrian traffic driven by proximity to the beach, community events and the Beach Theatre.
Local Financial Insights For Retail
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 | $59.4k | $15.00 |
| − Vacancy | −$3.9k | −$0.98 |
| EGI | $55.5k | $14.03 |
| − OpEx | −$16.7k | −$4.21 |
| NOI | $38.9k | $9.82 |
Alternative Uses
Property Analytics
Current Use by Public Records
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