6201 Dr. M.l.k. Jr St St. Petersburg, FL 33705
This exceptional 2,796 square foot medical office building, situated at 6201 Dr. MLK Jr. St. S, St. Petersburg, FL 33705, presents a unique investment opportunity. The property, constructed in 1961, is a single-story Class C building featuring 1,647 square feet of immediately available space. The vacant space, previously occupied by a dentist, boasts pre-installed exam rooms and plumbing throughout, making it ideally suited for a variety of medical or related uses, including dental, veterinary, or spa/salon services. Alternatively, the layout could easily accommodate a law office or other professional practice. The building sits on a 9,464 square foot lot at the highly visible southwest corner of Dr. MLK Jr. St. S and 62nd Avenue S, a signalized intersection. The property includes 13 total parking spaces and is zoned CRS-1. This prime location in a rapidly developing area of St. Petersburg offers excellent visibility and accessibility. The building's single-story design and ample parking provide convenience for both patients and staff. This is a rare opportunity to acquire a well-located medical office building with significant potential for immediate occupancy and strong future returns.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.