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Property profile

777 3Rd Ave St. Petersburg, FL 33701

OFF-MARKET
Retail properties & Spaces
734 SF Built 2024
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Property summary

AI-generated overview

Two ground-floor retail condominium units are available for sale in the vibrant Mirror Lake district of downtown St. Petersburg, Florida. Located at 777 3rd Ave N, zip code 33701, these units are situated in the newly constructed Reflection St. Pete building, completed in 2024. Unit sizes range from 734 to 1,782 square feet, priced at $450 per square foot. Both units are delivered in shell condition, allowing for complete customization to suit individual business needs. Key features include floor-to-ceiling windows providing abundant natural light, ample outdoor patio seating areas perfect for customer engagement, and a built-in customer base from the 88 residents of the luxury condominium building above. The building's strategic location, one block south of the I-275 on-ramp and three blocks from Central Avenue, ensures excellent accessibility and high pedestrian traffic. Further enhancing the property's appeal is a large mural sponsored by the building, drawing significant public attention. The building also boasts modern amenities including a multi-level parking garage, ample street parking, an on-site generator, fiber optic internet, WiFi, air purification systems, and water softener systems. This presents a rare opportunity to own a commercial space in a rapidly growing downtown area, offering significant long-term value and investment potential. The property is located in Pinellas County.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 734 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Condominium Complex

Location

777 3Rd Ave St. Petersburg, FL 33701
St. Petersburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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