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Auto Shop Building with Four Service Bays
For Sale
$800,000

1254 34TH Street S, St Petersburg, FL 33711

SINGLE_FAMILY - ST PETERSBURG, FL

Property Size3,740 SF
Lot Size0.18 Acres
Price / SF$213.90
Days on Market1129

Property Features for 1254 34TH Street S

General Information

Property type Residential
Property subtype Retail
Subdivision GRAND CENTRAL SUB 1
Directions I-275 North Florida Take I-275 S to 22nd Ave S in St. Petersburg. Take exit 19 from I-275 S 20 min (20.8 mi)Merge onto 22nd Ave S 223 ft Turn right onto 34th St S Destination will be on the right Drive to 34th St S 2 min (0.7 mi) 1254 34th St S St. Petersburg, FL 33711
Standard status Active
APN 26-31-16-32724-005-0150
Size 3,740 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description GRAND CENTRAL SUB NO 1 BLK 5, LOTS 15 & 16 & 1/2 VACATED ALLEY TO E LESS RD R/W
Tax Annual Amount 5076
Legal Description GRAND CENTRAL SUB NO 1 BLK 5, LOTS 15 & 16 & 1/2 VACATED ALLEY TO E LESS RD R/W

Utilities

Cooling system Central Air

Building Details

Year built 1986
Floors in Building 1
Building materials Block, Concrete
Listing Agency: DALTON WADE INC
Listed By: Latonya Oliver · License #3317238
Added: Jun 30, 2023 Changed: Jul 31 Last Checked: Aug 1 at 11:06PM
MLS# U8205466

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.

1254 34th Street S in St. Petersburg is an auto shop building built in 1986 on a 0.18-acre site with 3,740 square feet of space. The property features four oversized service bays and ample operational space for day-to-day shop functions. Constructed with block and concrete and served by central air, the building is set up to support commercial activity that benefits from dedicated service areas.

The property is located within a federally designated Opportunity Zone. Public remarks describe the zoning flexibility as supporting a variety of commercial uses, including automotive repair, tire sales and service, fleet maintenance, light industrial operations, and specialty trade businesses.

For businesses seeking a service-bay focused site in an established commercial corridor, the combination of four oversized bays, operational space, and central air can help support a range of automotive and light industrial operations.

Key Highlights

  • 0.18‑acre site with 3,740 square feet of auto shop space
  • Four oversized service bays for vehicle service and maintenance
  • Built in 1986 with block and concrete construction

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 $56.1k $15.00
− Vacancy −$3.6k −$0.98
EGI $52.5k $14.03
− OpEx −$15.7k −$4.21
NOI $36.7k $9.82
3,740 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$524.5K
$459.0K – $612.0K (±1% cap)
NOI $36,717 @ 7.0% cap · market cap 4.59%
Second Best
Industrial
$391.8K
$342.9K – $457.2K (±1% cap)
NOI $27,429 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$972.8K
$851.2K – $1.13M (±1% cap)
NOI $68,096 @ 7.0% cap · market cap 8.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Florida Brake & Tire (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Restaurant Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Service bays

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby
24k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 92% Dining 8%
Shell Shops & Services
10,584 visits/mo 0.3 miles
Mobil Shops & Services
4,440 visits/mo 0.3 miles
Public Storage Shops & Services
2,343 visits/mo 0.1 miles
BP Shops & Services
2,248 visits/mo 0.1 miles
Hungry Howie's Pizza Dining
1,982 visits/mo 0.4 miles

Demographics for 33711, FL

20,121
Population
9,522
Households
2.1
Avg Household Size
41
Median Age
32%
College-Educated
96%
High-School Grad
4.7 sq mi
ZIP Area
4,281
Density / Sq Mi
$68,295
Median Household Income
$27,156
Median Earnings
$1,819
Median Rent
$253,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Whitey's Transmission Service — 3101 22nd Ave S, St. Petersburg, FL 33712
  • Dreamantic Auto Service, Llc — 2721 18th Ave S, St. Petersburg, FL 33712
  • Auto Glass Now — 1720 34th St S, St. Petersburg, FL 33711
  • KNOWTOW 24hr Motorcycle Towing — 1720 34th St S, St. Petersburg, FL 33711
  • Dan's Brake World — 2200 34th St S, St. Petersburg, FL 33711

Frequently Asked Questions

What type of property is this?
Auto shop - Auto shop building with four service bays, central air, and flexible zoning for automotive repair and related uses.
Where is this auto shop located?
The property is located at 1254 34TH Street S St Petersburg, FL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 0.18‑acre site with 3,740 square feet of auto shop space; Four oversized service bays for vehicle service and maintenance; Built in 1986 with block and concrete construction
More about this property
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