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B-1 Zoned Office Building
For Sale
$215,000

6767 49TH STREET N, Pinellas Park, FL 33781

Flexible small-office property with a kitchen, hardwood flooring, newer windows, laundry room, and rear storage shed.

Property Size812 SF
Price / SF$264.78
Days on Market50

Property Features for 6767 49TH STREET N

General Information

Standard status Active
Size 812 SF
Property subtype Commercial
Zoning B-1

Site & Location

Neighborhood Burnside Lealman
Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,417

Amenities

Full kitchen
laundry room
Central air
Central Air Cooling

Building Details

Year Built 1953
Buildings 1
Listing Agency: REALTY EXPERTS
Listed By: GRAHAM MUNCE · License #3242854
Source: Corcoran
Added: Sep 15 Changed: Oct 28 Last Checked: Nov 3 at 6:38AM

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 REALTY EXPERTS

Rey
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Investment Insights

Based on property information with market context.

Built in 1953, this office building presents a residential-style layout with two rooms that can function as bedrooms or offices, along with one bathroom. Interior features include a full kitchen, hardwood floors, newer windows, and a dedicated laundry room. A storage shed is located behind the building, and the property uses septic service.

The property is located at 6767 49TH N in Pinellas Park, Florida, and carries B-1 general commercial zoning according to the city. Prospective users should confirm intended use and zoning requirements with the city. Walk Score is 49, Bike Score is 42, and Transit Score is 26.

Key Highlights

  • B‑1 general commercial zoning
  • 1953 construction date
  • Two‑room layout with one bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,607
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,140 $252.1K
Cap Rate 7%
$180,100 $180.1K
Cap Rate 9%
$140,078 $140.1K
Market Conditions
NOI Build-Up for 812 SF
Gross rent
$21.1K $26.04/SF
− Vacancy
−$4.3K −$5.34/SF
EGI
$16.8K $20.70/SF
− OpEx
−$4.2K −$5.18/SF
NOI
$12.6K $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%
$252,140
Cap Rate 7%
$180,100
Cap Rate 9%
$140,078

Alternative Uses

Best Use
Office B
$180.1K
$157.6K – $210.1K (±1% cap)
NOI $12,607 @ 7.0% cap · market cap 5.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$211.2K
$184.8K – $246.4K (±1% cap)
NOI $14,785 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Daycare Center Pet Grooming Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,678
Businesses Nearby

Demographics for 33781, FL

27,349
Population
12,370
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
82%
High-School Grad
6.6 sq mi
ZIP Area
4,144
Density / Sq Mi
$55,378
Median Household Income
$37,039
Median Earnings
$1,197
Median Rent
$251,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Flexible small-office property with a kitchen, hardwood flooring, newer windows, laundry room, and rear storage shed.
Where is this office building located?
The property is located at 6767 49TH STREET N Pinellas Park, FL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: B‑1 general commercial zoning; 1953 construction date; Two‑room layout with one bathroom
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