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    Specialty properties

    1060 62Nd St, St. Petersburg, FL 33705

    4,330 SF 0.38 ac lot
    Property ID
    Property summary
    AI-generated overview

    Prime commercial land opportunity in the vibrant St. Petersburg, Florida market. This 0.38-acre lot features a 4,330 square foot building, currently fully occupied and generating strong returns. The property is situated at 1060 62nd Avenue South, in the 33705 zip code, offering excellent access to the dynamic Tampa MSA area. This well-maintained building presents a compelling investment prospect for those seeking a high-return asset in a rapidly growing region. The property's current occupancy ensures a consistent income stream, making it an attractive option for both seasoned investors and those new to commercial real estate. The asking price is $650,000, and seller financing may be available, providing flexibility for potential buyers. This special purpose property is categorized as commercial land and offers significant potential for future development or continued operation as a successful income-generating asset. The property's location within the thriving St. Petersburg market positions it for continued appreciation and strong rental income. Don't miss this chance to acquire a valuable piece of commercial real estate in one of Florida's most dynamic cities.

    Property profile
    Verified
    Property type Specialty properties
    Total area 4,330 SF
    Lot 0.38 ac (16,553 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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