Mixed-Use Buildings with
For Sale
$1,795,000
1315 9TH N AVENUE, St Petersburg, FL 33705
Three buildings with parking near downtown St. Petersburg.
Property Size8,376 SF
Lot Size0.49 Acres
Price / SF$214.30
Days on Market879
Property Features for 1315 9TH N AVENUE
General Information
Standard status
Active
Size
8,376 SF
Lot size
0.49 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1930
Listing Agency:
COLDWELL BANKER REALTY
(727) 678-6674
Listed By:
Greta Murati · License #3285110
(727) 678-6674
Source:
Exitrealty
Added: Mar 8, 2024
Changed: Jul 6
Last Checked: Aug 3 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This property features three buildings under one tax ID, along with an additional parcel used as a commercial vacant lot or parking space. Located just 7 minutes from downtown and steps away from St. Anthony Hospital, the property is situated within a vibrant community. The current zoning is institutional, but it is suitable for redevelopment as multi-use, C1, C2, C3 retail, and possibly multi-family residential buildings, wholesale/distribution centers, research and development facilities, and recreational establishments. The first building, almost 8600 square feet, includes an additional detached house and a separate single-family home with 2 bedrooms and 1 bathroom, currently used for storage, all situated on a 22,000 square foot lot. The second parcel, over 4500 square feet, is used as a parking area. The building has updates including a roof that is only 3 years old, an updated electrical panel, updated bathrooms, AC unit, and lighting. The corner building offers high visibility. The first floor is suitable for various businesses. The second floor, with over 2800 square feet, is used for meetings and events and includes a full kitchen. There is parking space for 50 cars on both sites. The property is in excellent condition inside and out and offers exceptional visibility with high traffic flow on 9th Ave N in Pinellas County.
Key Highlights
- Hurricane‑proof: Resisted strong winds with no flooding or damages; located in a non‑flood zone.
- Two Parcels Under One Price: Includes a large building (approx. 8600 sqft) with a detached house, a separate single‑family home (2 bed/1 bath), and an additional parcel of over 4500 sqft used as a parking lot (50 car capacity).
- Prime Location: Just 7 minutes from downtown St. Petersburg and steps away from St. Anthony's Hospital.
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 | $218.1k | $26.04 |
| − Vacancy | −$44.7k | −$5.34 |
| EGI | $173.4k | $20.70 |
| − OpEx | −$43.3k | −$5.18 |
| NOI | $130.0k | $15.53 |
8,376 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.86M
$1.63M – $2.17M
NOI $130,049 @ 7.0% cap · market cap 7.25%
Second Best
Mixed Use
$1.49M
$1.30M – $1.73M
NOI $104,030 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,506 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,167
Businesses Nearby
Explore this area
Business Placement
Demographics for 33705, FL
27,915
Population
15,171
Households
1.8
Avg Household Size
43
Median Age
36%
College-Educated
92%
High-School Grad
5.6 sq mi
ZIP Area
4,985
Density / Sq Mi
$70,783
Median Household Income
$40,370
Median Earnings
$1,457
Median Rent
$321,500
Median Home Value
Market
Properties on Market for Mixed-use properties in Pinellas County
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three buildings with parking near downtown St. Petersburg.
Where is this mixed-use property located?
The property is located at 1315 9TH N AVENUE St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Hurricane‑proof: Resisted strong winds with no flooding or damages; located in a non‑flood zone.; Two Parcels Under One Price: Includes a large building (approx. 8600 sqft) with a detached house, a separate single‑family home (2 bed/1 bath), and an additional parcel of over 4500 sqft used as a parking lot (50 car capacity).; Prime Location: Just 7 minutes from downtown St. Petersburg and steps away from St. Anthony's Hospital.
