Office Property with Two
350 49th Street South, St Petersburg, FL 33707
For Sale
Contact for pricing
The office site has connected city water, sewer, and electric service.
Property Size1,207 SF
Lot Size0.15 Acres
Price / SF$285.83
Days on Market34
Property Features for 350 49th Street South
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Road Access
Utilities to Site
Additional Details
Opportunity Zone
Property Use
Building Details
Buildings
Building Size
Listing Agency:
ACRE Expert LLC
Listed By:
Drew Attias
Source:
Crexi
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 8 at 2:58PM
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 ACRE Expert LLC
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Investment Insights
Based on property information with market context.
This office property comprises two buildings totaling 1,207 square feet on a 0.15-acre parcel. The site is zoned CCS-1, with city water and sewer connected and electric service in place. Road access is available.
Located at 350 49th Street South in St. Petersburg, the property is in Pinellas County. The parcel is identified as 21-31-16-03132-000-0100.
Located at 350 49th Street South in St. Petersburg, the property is in Pinellas County. The parcel is identified as 21-31-16-03132-000-0100.
Key Highlights
- Two office buildings totaling 1,207 square feet
- 0.15‑acre parcel zoned CCS‑1
- Connected city water, sewer, and electric service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,740
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,800
$374.8K
Cap Rate 7%
$267,714
$267.7K
Cap Rate 9%
$208,222
$208.2K
Market Conditions
NOI Build-Up for 1,207 SF
Gross rent
$31.4K $26.04/SF
− Vacancy
−$6.4K −$5.34/SF
EGI
$25.0K $20.70/SF
− OpEx
−$6.2K −$5.18/SF
NOI
$18.7K $15.53/SF
Area
Pinellas County, FL
Vacancy
20.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,800
Cap Rate 7%
$267,714
Cap Rate 9%
$208,222
Alternative Uses
Best Use
Office B
$267.7K
$234.3K – $312.3K
NOI $18,740 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$314.0K
$274.7K – $366.3K
NOI $21,977 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,080
Businesses Nearby
Explore this area
Business Placement
Demographics for 33707, FL
24,646
Population
16,579
Households
1.5
Avg Household Size
58
Median Age
40%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
4,650
Density / Sq Mi
$68,560
Median Household Income
$45,513
Median Earnings
$1,512
Median Rent
$344,600
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in St Petersburg, FL
Properties on Market for Office buildings in St Petersburg
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The office site has connected city water, sewer, and electric service.
Where is this office building located?
The property is located at 350 49th Street South St Petersburg, FL.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Two office buildings totaling 1,207 square feet; 0.15‑acre parcel zoned CCS‑1; Connected city water, sewer, and electric service
