Free-Standing Office Building For
For Sale
$599,950
4900 33RD N, St Petersburg, FL 33710
Well-maintained office building with flexible lease options in St. Petersburg.
Property Size1,381 SF
Lot Size0.19 Acres
Days on Market211
Property Features for 4900 33RD N
General Information
Standard status
Active
Size
1,381 SF
Lot size
0.19 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,484
Building Details
Building Size
1,381 SF
Year Built
1955
Stories
1
Listing Agency:
CHARLES RUTENBERG REALTY INC
Listed By:
Grace Gelazin · License #3595841
(727) 403-7752
Source:
Elliman
Added: Mar 10
Changed: Oct 3
Last Checked: Oct 5 at 6:32PM
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 CHARLES RUTENBERG REALTY INC
Investment Insights
Based on property information with market context.
This free-standing office building offers visibility and functionality in a convenient location. The property features a newer roof, replaced approximately 3 years ago, a built-in monument sign, and a tankless water heater installed within the last 5 years. The floor plan includes five private offices, a designated conference room, and two restrooms. Ample parking and updated systems are present. The property is suitable for an owner-occupant or investor, with a triple net (NNN) tenant currently in place, and the option to terminate the lease at closing.
Key Highlights
- Excellent visibility and functionality in a convenient location.
- Option to terminate existing NNN lease at closing for owner‑occupancy or investment flexibility.
- Five private offices and a designated conference room.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,442
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,840
$428.8K
Cap Rate 7%
$306,314
$306.3K
Cap Rate 9%
$238,244
$238.2K
Market Conditions
NOI Build-Up for 1,381 SF
Gross rent
$36.0K $26.04/SF
− Vacancy
−$7.4K −$5.34/SF
EGI
$28.6K $20.70/SF
− OpEx
−$7.1K −$5.18/SF
NOI
$21.4K $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%
$428,840
Cap Rate 7%
$306,314
Cap Rate 9%
$238,244
Alternative Uses
Best Use
Office B
$306.3K
$268.0K – $357.4K
NOI $21,442 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.2K
$314.3K – $419.1K
NOI $25,145 @ 7.0% cap · market cap 4.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
Explore this area
Business Placement
Demographics for 33710, FL
33,172
Population
16,767
Households
2
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
4,147
Density / Sq Mi
$76,908
Median Household Income
$46,520
Median Earnings
$1,577
Median Rent
$312,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office building with flexible lease options in St. Petersburg.
Where is this office building located?
The property is located at 4900 33RD N St Petersburg, FL.
What is the asking price?
The asking price for this property is $599,950.
What are key features of this property?
This property features: Excellent visibility and functionality in a convenient location.; Option to terminate existing NNN lease at closing for owner‑occupancy or investment flexibility.; Five private offices and a designated conference room.
