Financial
Distress signals
Property profile

1506 54Th Ave North Saint Petersburg, FL 33703

FOR LEASE
Strip malls
Property ID
US18-4121882
5,568 SF 0.42 ac lot Built 1957
Last sale Jan 2026 · $2,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Hillside Center is a strip-mall property of 6,960 square feet situated on a 0.42-acre site in Northeast St. Petersburg, positioned directly off an interstate exit. The buildings are constructed with a concrete slab, concrete block walls, and steel roof decking and trusses. The property is reported to be outside a FEMA flood zone and was not adversely impacted by 2024 storms. It has CCS-1 zoning, which permits drive-thru usage by right and also supports by-right uses including pet care,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$445k
Effective rate1.96%

Value estimate

· Sep 2026
$500k
$450k – $550k
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$5k
Operating expenses−$23k
NOI · 2,733.20% cap applied$55k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$318/SF
Submarket average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$164 – $513
Qualifying comparables5

Cap rate analysis

How does the asset earn?
2,733.20%
$55k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.4
Dental Office13.0
Realty agency12.3

Location

1506 54Th Ave North Saint Petersburg, FL 33703
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 17 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5300 4th N, Saint Petersburg, FL 33703-2993 $2,035,000 Dec 2025 4,668 SF
4946 4th N, Saint Petersburg, FL 33703-3835 $2,895,000 Apr 2023 6,101 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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