Street-Retail Storefront with
350 COREY AVENUE St Pete Beach, FL 33706
350 COREY AVENUE, St Pete Beach, FL, 33706
$1,350,000
For Sale
$1,350,000
Retail - ST PETE BEACH, FL
Property Size3,958 SF
Lot Size0.22 Acres
Price / SF$341.08
Days on Market103
Property Features for 350 COREY AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- 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 Annual Amount
- 12411.99
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Building materials
- Block
- Architectural style
- Other
Listing Agency
KELLER WILLIAMS ST PETE REALTY
(727) 894-1600
360 Central Ave Suite 600, Saint Petersburg, FL
Listed by
Lou Zabriski · License #3299971
(727) 288-6158
Added: Apr 9 Checked: Jul 20 at 3:06 am
MLS# TB8495430
Listing URL
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 retail storefront property is positioned on Corey Avenue with a configuration designed for walkable street retail. The building is leased to Vaughn Law and Elizabeth’s Boutique, creating a complementary tenant mix. Tenant operations benefit from rear parking included on-site, which can be especially helpful in beach commercial corridors where parking is limited.
Corey Avenue is described as a central gathering point for residents and visitors, with a mix of restaurants, shops, and neighborhood-serving businesses. The property’s pedestrian traffic is supported by recurring community activity, including the Corey Avenue Sunday Market, and the nearby Beach Theatre that contributes to the district’s destination character.
Within the City’s Town Center zoning district, the property is intended to support walkable retail, dining, and mixed-use development. For buyers seeking a stabilized, street-facing retail asset with an on-site parking component, this offers an operational layout paired with established tenant occupancy. Buyers should verify all zoning and land-use information and confirm details regarding any future development or change of use through applicable approvals.
Corey Avenue is described as a central gathering point for residents and visitors, with a mix of restaurants, shops, and neighborhood-serving businesses. The property’s pedestrian traffic is supported by recurring community activity, including the Corey Avenue Sunday Market, and the nearby Beach Theatre that contributes to the district’s destination character.
Within the City’s Town Center zoning district, the property is intended to support walkable retail, dining, and mixed-use development. For buyers seeking a stabilized, street-facing retail asset with an on-site parking component, this offers an operational layout paired with established tenant occupancy. Buyers should verify all zoning and land-use information and confirm details regarding any future development or change of use through applicable approvals.
Key Highlights
- Prime location in the heart of Corey Avenue, a highly desirable and walkable retail district in St. Pete Beach.
- Stabilized income stream from established tenants.
- Consistent pedestrian traffic driven by proximity to the beach, community events and the Beach Theatre.
Local 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 | $59.4k | $15.00 |
| − Vacancy | −$3.9k | −$0.98 |
| EGI | $55.5k | $14.03 |
| − OpEx | −$16.7k | −$4.21 |
| NOI | $38.9k | $9.82 |
3,958 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Carolyn S. Margolies
Law Firm
Elizabeth's Boutique
Clothing & Fashion Store
Sunset Beach Shop
Home Decor Store
Property Law Group
Law Firm
Anderson & Brodersen, P.A.
Law Firm
Similar For Sale Nearby
Similar Off Market Nearby
- Betty Flowers — St Pete Beach, FL 33706
FAQs
What type of property is this?
Storefront property - Corey Avenue storefront anchored by established tenants, with rear parking for practical daily access in a walkable beach district.
Where is this storefront property 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: Prime location in the heart of Corey Avenue, a highly desirable and walkable retail district in St. Pete Beach.; Stabilized income stream from established tenants.; Consistent pedestrian traffic driven by proximity to the beach, community events and the Beach Theatre.
