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    655 S 2Nd Ave St Petersburg, FL 33701

    For Sale
    $7,500,000

    Prime downtown location leased to top-rated Rococo Steakhouse.

    Property size:
    15,751 SF
    Lot size:
    0.79 Acres

    Property Features for 655 S 2Nd Ave

    General Information

    Size
    15,751 SF
    Lot size
    0.79 Acres

    Source: Barkett Realty Agent John P. Barkett, MAI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown St. Petersburg Restaurant Property

    This property is strategically positioned in the vibrant urban core of St. Petersburg and is currently leased to Rococo Steakhouse, recognized as the area's top-rated steakhouse according to TripAdvisor and OpenTable. The property includes a second-level private event venue, suitable for upscale gatherings. A wine room enhances the property’s high-end appeal. The property offers parking, which is a notable feature in downtown St. Petersburg. The location presents a value-add opportunity with new development in all directions. The property size is 15,751 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heath server ( like ... Restaurant Rococo Steak Steak House E&E Roofing Services Roofing Contractor

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Realty agency Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6424506
    Latitude
    27.7696464

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    FAQs

    What type of property is this?
    Conventional restaurant - Prime downtown location leased to top-rated Rococo Steakhouse.
    Where is this conventional restaurant located?
    The property is located at 655 S 2Nd Ave St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: - Prime Downtown Location in St. Petersburg's vibrant urban core.; - Leased to Rococo Steakhouse, the area's #1 rated steakhouse.; - Outstanding Parking, a rarity in downtown St. Petersburg.
    (727) 510-7106
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    655 S 2Nd Ave St Petersburg, FL 33701
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    St Petersburg, FL 33701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    655 S 2Nd Ave St Petersburg, FL 33701
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