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    Flex Facility on Pinellas Trail Title is generated by Realmo AI

    701 49th St S, Gulfport, FL 33707

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    Two-building flex facility with outdoor space on Pinellas Trail.

    Type:Industrial, Mixed Use, Office, Retail, Special Purpose
    Property size:
    4,924 SF
    Price / SF:
    $181/SF
    Added:
    Jan 29, 2026
    Days on Market:
    149
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 701 49th St S

    General Information

    Standard status
    Active
    Size
    4,924 SF
    Property subtype
    Industrial, Mixed Use, Office, Retail, Special Purpose

    Building Details

    Year Built
    1964

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    Dee Maret CCIM
    Dee Maret CCIM

    Listing office Bridgewater Commercial Real Estate

    Listing date Jan 29, 2026

    Source Crexi

    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 Bridgewater Commercial Real Estate

    HighLights

    • Located directly on the Pinellas Trail
    • High traffic location on 49th Street (14,876 daily)
    • Two buildings plus a storage shed
    • Combination of small‑room interior layouts and outdoor gathering space
    • Concrete block construction
    • Ideal for creating an easily accessible destination‑style asset

    Overview

    This concrete block flex facility is located directly on the pedestrian-friendly Pinellas Trail and well-traveled 49th Street, a major north-south artery heading into Gulfport, with a daily traffic count of 14,876. This opportunity includes two buildings and a bonus storage shed, offering a combination of small-room interior layouts and an outdoor gathering space. The property size is 4,924 square feet. It is suitable for creating an easily accessible destination-style asset.

    Local Financial Insights For Office B

    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 $128.2k $26.04
    − Vacancy −$26.3k −$5.34
    EGI $101.9k $20.70
    − OpEx −$25.5k −$5.18
    NOI $76.5k $15.53
    4,924 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.09M
    $955.7K – $1.27M (±1% cap)
    NOI $76,452 @ 7.0% cap · market cap 8.54%
    Second Best
    Mixed Use
    $873.7K
    $764.5K – $1.02M (±1% cap)
    NOI $61,156 @ 7.0% cap · market cap 6.83%
    Theoretical Best
    Office A
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,654 @ 7.0% cap · market cap 10.02%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gulfport
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6995906
    Latitude
    27.7792236

    FAQs

    What type of property is this?
    Mixed-use property - Two-building flex facility with outdoor space on Pinellas Trail.
    Where is this mixed-use property located?
    The property is located at 701 49th St S Gulfport, FL.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: Located directly on the Pinellas Trail; High traffic location on 49th Street (14,876 daily); Two buildings plus a storage shed
    (727) 641-5736 Call to check price and availability
    More about this property
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