Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1401 5Th St, Unit PETERSBURG St Petersburg, FL 33705

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,300,000

    Prime downtown block near hospital with income potential.

    Property size:
    70,480 SF
    Lot size:
    1.62 Acres

    Property Features for 1401 5Th St

    General Information

    Standard status
    Active
    Size
    70,480 SF
    Lot size
    1.62 Acres

    Building Details

    Year built
    1977

    Source: ELITE TAMPA BAY REALTY LLC Agent DAVID WEYLIE

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

    Overview

    Downtown St. Petersburg Development Opportunity

    This property comprises an entire city block in downtown St. Petersburg, zoned CRT-1 NSM-1, situated next to St. Anthony's Hospital. The hospital is undergoing a $158 million expansion. The property includes all buildings on 14th Street, from 5th Avenue to 7th Avenue, encompassing almost 2 acres in the downtown core. The current annual gross income from the multifamily properties is $300,000. The office building, with 14,000 square feet, has the potential to generate $180,000 in income when fully rented. The property is located on 14th Street North. The location is approximately 3 minutes from the expressway entrance. Given the city's need for apartments and condos, including workforce housing, this collection of properties is well-suited for development. The property is currently generating income while awaiting development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    St Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6398898
    Latitude
    27.7862467

    Nearby Similar for Sale

    • $1,950,000
      7,040 SF

      Lakefront Mixed-Use Property For Sale

      Lakefront property with residential, office, and income potential.
      10830 Navajo Dr, St Petersburg, FL 33708
      View Details
    • New
      $950,000
      3,108 SF

      St. Petersburg Quadplex Investment Opportunity

      Turnkey quadplex with furnished units, strong income potential.
      139 SE Jefferson Cir N, St Petersburg, FL 33703
      View Details
    • $1,500,000
      4,497 SF

      Historic Kenwood Tudor Revival Estate

      1936 Tudor revival with seven bedrooms, eight bathrooms, and pool.
      2801 7Th Ave N, St Petersburg, FL 33713
      View Details
    • $1,795,000
      8,376 SF

      St. Petersburg Mixed-Use Redevelopment Site

      Three buildings on two parcels near downtown St. Petersburg.
      1315 9Th Ave N, St Petersburg, FL 33705
      View Details
    • $1,795,000
      8,376 SF

      St. Petersburg Mixed-Use Redevelopment Opportunity

      Mixed-use property with redevelopment potential near downtown St. Petersburg.
      1315 9Th Ave N, St Petersburg, FL 33705
      View Details
    • $1,200,000
      5,016 SF

      Renovated Triplex in St. Petersburg

      Fully renovated triplex on a half-acre lot, great investment opportunity.
      2596 52Nd Ave N, St Petersburg, FL 33714
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime downtown block near hospital with income potential.
    Where is this mixed-use property located?
    The property is located at 1401 5Th St, Unit PETERSBURG St Petersburg, FL.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - Prime downtown St. Pete location near St. Anthony's Hospital, a top-ranked hospital undergoing a $158 million expansion.; - Almost 2 acres of land suitable for development in a rapidly growing city.; - Zoning CRT-1 NSM-1 allows for diverse development options.
    (844) 354-8373
    Request Owner's contact information
    1401 5Th St, Unit PETERSBURG St Petersburg, FL 33705
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1401 5Th St, Unit PETERSBURG
    St Petersburg, FL 33705
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1401 5Th St, Unit PETERSBURG St Petersburg, FL 33705
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.