Property summary
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
VerifiedCap rate & NOI
Current use
-
Property Management Company
-
Training Center Tutoring Service
-
Property Management Company Construction
-
Barber Shop
-
Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight