Property profile

6300-6314 Park Blvd Pinellas Park, FL 33781

OFF-MARKET
Retail properties & Spaces
7,431 SF Built 1957
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 7,431 square foot mixed-use property in Pinellas Park, Florida, encompassing two buildings on a 12,575 square foot lot. The property features six units: two buildings each with two 2-bedroom, 1-bathroom apartments, each approximately 800 square feet, and two ground-floor commercial spaces ideal for retail, office, or light manufacturing. Built in 1957, the two-story buildings offer 12 parking spaces. The property boasts a strong NOI of $92,700, resulting in a 7.13% cap rate at an asking price of $1,300,000 ($174.94/sq ft). Zoned B-1, this prime location offers easy access to major highways and is near Lowe's and the airport. The apartments include air conditioning and are pet-friendly (conditional). This is a rare chance to acquire a well-maintained, income-producing property with significant upside potential in a thriving area. The property's convenient location and versatile spaces make it an attractive investment for both residential and commercial tenants. The shared parking lot ensures ample space for all occupants and visitors. This is a turnkey opportunity for an investor seeking a strong return on investment in a desirable Florida market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1957
Total area 7,431 SF

Cap rate & NOI

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

Location

6300-6314 Park Blvd Pinellas Park, FL 33781
Pinellas Park metro
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Value estimations

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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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