Retail Building with Rear
For Sale
$1,350,000
350 COREY Avenue, St Pete Beach, FL 33706
Commercial Sale, ST PETE BEACH, FL
Property Size3,958 SF
Lot Size0.22 Acres
Price / SF$341.08
Days on Market189
Property Features for 350 COREY Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Subdivision
ST PETERSBURG BEACH REP
Directions
The most direct route is usually I-375 W to I-275 S, taking Exit 17 (62nd Ave S) toward Pinellas Bayway (FL-682 W) to Corey Avenue.
Standard status
Active
APN
36-31-15-77994-054-0040
Size
3,958 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ST PETERSBURG BEACH REPLAT BLK 54, LOTS 3 & 4 LESS NE'LY 5FT THEREOF & SE'LY 7.5FT OF LOT 3 FOR ALLEY
Tax Annual Amount
12412
Legal Description
ST PETERSBURG BEACH REPLAT BLK 54, LOTS 3 & 4 LESS NE'LY 5FT THEREOF & SE'LY 7.5FT OF LOT 3 FOR ALLEY
Utilities
Cooling system
Central Air
Building Details
Year built
1940
Floors in Building
1
Building materials
Block
Listing Agency:
KELLER WILLIAMS ST PETE REALTY · Keller Williams Realty
(727) 894-1600
Listed By:
Lou Zabriski · License #SL3299971
(727) 288-6158
Added: Apr 9
Changed: Oct 13
Last Checked: Oct 14 at 12:06AM
MLS# TB8495430
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.
This 3,958-square-foot retail property occupies a 0.22-acre site on Corey Avenue in St. Pete Beach. Built in 1940, the building has block construction and central air conditioning, with parking located behind the building. Vaughn Law and Elizabeth’s Boutique are the current occupants.
The property is within the city’s Town Center zoning district. Zoning and development details should be confirmed with the applicable authorities.
The property is within the city’s Town Center zoning district. Zoning and development details should be confirmed with the applicable authorities.
Key Highlights
- 3,958 square feet on a 0.22‑acre site
- Occupied by Vaughn Law and Elizabeth’s Boutique
- Rear parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,858
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$777,160
$777.2K
Cap Rate 7%
$555,114
$555.1K
Cap Rate 9%
$431,756
$431.8K
Market Conditions
NOI Build-Up for 3,958 SF
Gross rent
$59.4K $15.00/SF
− Vacancy
−$3.9K −$0.98/SF
EGI
$55.5K $14.03/SF
− OpEx
−$16.7K −$4.21/SF
NOI
$38.9K $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%
$777,160
Cap Rate 7%
$555,114
Cap Rate 9%
$431,756
Alternative Uses
Best Use
Retail
$555.1K
$485.7K – $647.6K
NOI $38,858 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$900.8K – $1.20M
NOI $72,065 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 27%
Home Improvements & Furnishings 15%
Apparel 5%
McDonald's
Dining
12,145 visits/mo
0.2 miles
Waffle House
Dining
5,910 visits/mo
0.2 miles
Exxon
Shops & Services
4,824 visits/mo
0.1 miles
Crowder Bros. Hardware
Home Improvements & Furnishings
3,658 visits/mo
0.1 miles
Bank of America
Shops & Services
2,883 visits/mo
0.2 miles
Demographics for 33706, FL
15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
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
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Frequently Asked Questions
What type of property is this?
Retail space - Vaughn Law and Elizabeth’s Boutique occupy the property.
Where is this retail space located?
The property is located at 350 COREY Avenue St Pete Beach, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 3,958 square feet on a 0.22‑acre site; Occupied by Vaughn Law and Elizabeth’s Boutique; Rear parking
