3104 34Th St St. Petersburg, FL 33713
This exceptional 3,603-square-foot office building, located at 3104 34th St N in St. Petersburg, Florida, presents a compelling investment opportunity. Situated on a 0.34-acre lot, this single-story, Class B building boasts a high-profile corner location with excellent visibility and accessibility. Built in 1957 and renovated in 1998, the property features a recent silicone roof seal system installation (within the last year), minimizing future maintenance concerns. The building is currently vacant, offering immediate occupancy for a new owner/user. The permitted zoning is CCR-1. With 3,600 square feet of air rights, the asking price is $1,495,000, translating to $414.93 per square foot. The property's previous tenant was a medical provider, and the existing build-out is suitable for medical or professional office use, including features such as an X-ray ready room. The high-traffic location (36,500 cars daily) makes it ideal for businesses requiring high visibility, such as medical walk-in clinics, insurance agencies, or law firms. The surrounding area is experiencing revitalization, with recent investments in new county offices, retail establishments, and automotive businesses. This property is perfect for an owner/user seeking a prime location in a growing market and is available for a 1031 exchange. The property's APN is 10-31-16-81900-000-0010.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.