Mixed-Use Property with
For Sale
$1,900,000
ST PETE BEACH, FL 33706, St Pete Beach, FL 33706
Commercial Sale, ST PETE BEACH, FL
Property Size3,520 SF
Lot Size0.12 Acres
Price / SF$539.77
Days on Market2875
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
ST PETERSBURG BEACH REPLAT
Standard status
Active
Size
3,520 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2021
Tax Annual Amount
5836
Utilities
Cooling system
Central Air
Amenities
balcony
Building Details
Year built
1960
Floors in Building
2
Building materials
Block
Listing Agency:
SCRIBANO & ASSOC INC
(727) 893-4663
Listed By:
George Scribano · License #3001430
(727) 455-3888
Added: Nov 29, 2018
Changed: Oct 7
Last Checked: Oct 13 at 10:06PM
MLS# U8026121
Copyright © 2026 Pinellas Suncoast Association of REALTORS®, Inc. 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 3,520-square-foot mixed-use property was built in 1960 and has block construction and central air. Its balcony overlooks the avenue, and the building may suit a four-unit commercial layout, a live-work arrangement, or a two-office-condominium townhouse configuration.
The 0.12-acre property is positioned at the main entrance to St. Pete Beach. The owner occupies the upstairs units.
The 0.12-acre property is positioned at the main entrance to St. Pete Beach. The owner occupies the upstairs units.
Key Highlights
- 3,520‑square‑foot building on a 0.12‑acre lot
- Block construction with central air
- Balcony overlooking the avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,653
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,093,060
$1.1M
Cap Rate 7%
$780,757
$780.8K
Cap Rate 9%
$607,256
$607.3K
Market Conditions
NOI Build-Up for 3,520 SF
Gross rent
$91.7K $26.04/SF
− Vacancy
−$18.8K −$5.34/SF
EGI
$72.9K $20.70/SF
− OpEx
−$18.2K −$5.18/SF
NOI
$54.7K $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%
$1,093,060
Cap Rate 7%
$780,757
Cap Rate 9%
$607,256
Alternative Uses
Best Use
Office B
$780.8K
$683.2K – $910.9K
NOI $54,653 @ 7.0% cap · market cap 2.88%
Second Best
Mixed Use
$624.5K
$546.5K – $728.6K
NOI $43,718 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$915.6K
$801.1K – $1.07M
NOI $64,091 @ 7.0% cap · market cap 3.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
Demographics for 33706, FL
15,309
Population
14,199
Households
1.1
Avg Household Size
60
Median Age
54%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
4,138
Density / Sq Mi
$97,364
Median Household Income
$80,504
Median Earnings
$1,646
Median Rent
$616,800
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?
Mixed-use property - The block building has central air and may accommodate four commercial units.
Where is this mixed-use property located?
The property is located at St Pete Beach, FL.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 3,520‑square‑foot building on a 0.12‑acre lot; Block construction with central air; Balcony overlooking the avenue
