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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

235 3Rd St St. Petersburg, FL 33701

16,160 SF 8.8 ac lot Built 2026
Property ID
Property summary
AI-generated overview

This exceptional retail lease opportunity presents 16,160 square feet of prime, first-generation commercial space in a new 33-story mixed-use development, slated for completion in late 2026. Located at 235 3rd St S, St. Petersburg, FL 33701, this Class A property offers multiple suites ranging from 2,236 to 7,314 contiguous square feet, ideal for various uses including restaurants, bars, cafes, retail stores, spas, salons, and more. The building boasts 323 parking spaces and elevators. Units feature up to 18'6" ceilings, floor-to-ceiling storefront windows, and access to a landscaped alleyway creating an outdoor gathering space. Situated three blocks from Central Avenue and one block from the Sunrunner BRT line, this location benefits from high visibility and proximity to University Village Shopping Center, Beach Drive, and other downtown attractions. The building's 268 luxury apartments will ensure high foot traffic and a vibrant atmosphere. The property sits on 8.8 acres and is zoned DC-1 (Pinellas County APN: 19-31-17-90465-001-0020). This is a unique opportunity to establish a business in the heart of St. Petersburg's thriving downtown, benefiting from the city's strong growth and influx of residents and businesses. The expansive end-cap restaurant space includes a 2,242 square foot second-level open-air balcony and an additional 1,526 square foot exterior turf area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2026
Total area 16,160 SF
Lot 8.8 ac (383,328 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
Current use
Occupant on record · Public records
  • Echelon Development LLC Property Management Company
  • The Salon People Training Center Training Center Tutoring Service
  • Echelon Holding Group Property Management Company Construction
  • Aveda Men Barber Shop
  • Tampa Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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