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Automotive Service Property with Four Bays
For Sale
$1,040,000

1254 34TH Street S, St Petersburg, FL 33711

Commercial Sale, ST PETERSBURG, FL

Property Size3,740 SF
Lot Size0.18 Acres
Price / SF$278.07
Days on Market1221

Property Features for 1254 34TH Street S

General Information

Property type Commercial Sale
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

Additional Details

Real Estate Included Yes
Automotive Uses auto repair, tire service

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: Oct 31 Last Checked: Nov 1 at 1:06AM
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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Designed around automotive service, this 3,740-square-foot commercial property contains four oversized service bays. The block-and-concrete building was constructed in 1986 and has central air conditioning. The site measures 0.18 acres.

The property is at 1254 34th Street S in St. Petersburg, Florida, along 34th Street South. It is within a federally designated Opportunity Zone.

Key Highlights

  • Four oversized service bays
  • 3,740 square feet of building area on a 0.18‑acre parcel
  • Block and concrete construction; built in 1986

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,717
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,340 $734.3K
Cap Rate 7%
$524,529 $524.5K
Cap Rate 9%
$407,967 $408.0K
Market Conditions
NOI Build-Up for 3,740 SF
Gross rent
$56.1K $15.00/SF
− Vacancy
−$3.6K −$0.98/SF
EGI
$52.5K $14.03/SF
− OpEx
−$15.7K −$4.21/SF
NOI
$36.7K $9.82/SF
Area
Pinellas County, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,340
Cap Rate 7%
$524,529
Cap Rate 9%
$407,967

Alternative Uses

Best Use
Retail
$524.5K
$459.0K – $612.0K (±1% cap)
NOI $36,717 @ 7.0% cap · market cap 3.53%
Second Best
Industrial
$391.8K
$342.9K – $457.2K (±1% cap)
NOI $27,429 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$972.8K
$851.2K – $1.13M (±1% cap)
NOI $68,096 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

642
Businesses Nearby
23k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
10,584 visits/mo 0.5 miles
Mobil Shops & Services
4,440 visits/mo 0.4 miles
Public Storage Shops & Services
2,343 visits/mo 0.1 miles
BP Shops & Services
2,248 visits/mo 0.2 miles
InstaLoan Shops & Services
1,366 visits/mo 0.0 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Dan's Brake World — 2200 34th St S, St. Petersburg, FL 33711
  • 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

Frequently Asked Questions

What type of property is this?
Auto shop - A 3,740-square-foot block building offers central air and a 0.18-acre site along 34th Street South.
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 $1,040,000.
What are key features of this property?
This property features: Four oversized service bays; 3,740 square feet of building area on a 0.18‑acre parcel; Block and concrete construction; built in 1986
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