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    554 1St Ave St. Petersburg, FL 33701

    For Lease
    $30 SF/Yr ($3,610 /Mo)

    Prime Downtown St. Petersburg Retail Opportunity

    Lot size:
    1,444 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,444 square foot retail space is located at 554 1st Avenue North in St. Petersburg, Florida, within Pinellas County. The property boasts a single-tenant occupancy and is situated in a vibrant, high-growth area of downtown St. Petersburg. Its prime location on the 500 block of 1st Avenue North places it in close proximity to numerous popular establishments, including The Lure, The Floridian Social Club, Book+Bottle, Mangosteen, Pacific Counter, and Colony Grill, ensuring high foot traffic and visibility. The property benefits from its proximity to Mirror Lake and is surrounded by new residential developments, promising a strong and expanding customer base. This presents a unique opportunity for businesses seeking a thriving location in the heart of St. Petersburg's dynamic downtown core. The property's 1,444 square feet offer ample space for a variety of retail uses, making it an attractive investment for entrepreneurs and established businesses alike. The zip code is 33701. This is a single-tenant retail property in the St. Petersburg submarket. The property is classified as retail.

    Property Features for 554 1St Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,444 SF
    Total Rate
    3610

    Unit(s) available at that property

    Space
    Size
    1,444 SF
    Rate per SF
    $30

    HighLights

    • 1,444 SF retail space in prime downtown St. Petersburg, FL (33701).
    • Excellent pedestrian traffic due to nearby popular restaurants and bars.
    • Located among other retail, office, and hospitality businesses.
    • Lease rate excludes utilities, property expenses, and building services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Soaren Aerial Photographer The Bus Stop Coffee Shop

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.641279
    Latitude
    27.7718141

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    FAQs

    What type of property is this?
    Retail property - Prime Downtown St. Petersburg Retail Opportunity
    Where is this retail property located?
    The property is located at 554 1St Ave St. Petersburg, FL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 1,444 SF retail space in prime downtown St. Petersburg, FL (33701).; Excellent pedestrian traffic due to nearby popular restaurants and bars.; Located among other retail, office, and hospitality businesses.
    Request Owner's contact information
    554 1St Ave St. Petersburg, FL 33701
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    St. Petersburg, FL 33701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    554 1St Ave St. Petersburg, FL 33701
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