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Property profile & analytics
OFF-MARKET
Strip malls

1506 54th N Ave Saint Petersburg, FL 33703-2645

5,568 SF 0.42 ac lot Built 1957
Entity Owned Free & Clear
Property ID
US18-4121882
Property summary
AI-generated overview

This exceptional 2,250 sq ft endcap unit in the remodeled Hillside Center at 1506 54th Ave N, St. Petersburg, FL 33703 offers a rare opportunity. Boasting a highly desirable CCS-1 zoning, it allows for diverse uses including restaurant, retail, office, and more. Located at the intersection of 16th Street and 54th Avenue North, this property benefits from approximately 24,000 daily car counts and direct visibility from the 54th Avenue interstate exit. The unit features a completely updated interior with 11-foot ceilings, exposed metal rafters, restored terrazzo floors, new lighting and baseboards, two remodeled ADA bathrooms, and a private office. Additional features include 700 sq ft of dedicated exterior space, three-phase electric service, overhead garage door access for rear loading, and a brand new parking lot and roof (2023). The building's concrete block construction ensures durability. The 6,960 sq ft building offers 30 parking spaces. This is a unique opportunity to secure a drive-thru-permitted space in St. Petersburg, a rarity in the market, without the need for new construction. The property's high visibility and versatile zoning make it ideal for a variety of businesses seeking a prominent location at a competitive price.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1957
Construction CONCRETE BLOCKS
Total area 5,568 SF
Lot 0.42 ac (18,326 SF)
APN 01-31-16-15009-001-0010
UPID US18-4121882
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
  • Fem Iron Infusion Centers by Heme On Call Medical Clinic
  • pan am mortgage Loan Service Bank
  • Bayview Barber Co Barber Shop
  • Spindrift Aesthetics Spa & Massage Center Alternative Medicine Practice
  • 54th Avenue Hair Studio Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Visconti7 LLC
Visconti7 LLC
since 2026
Last sale
$2.3M
4 recorded transactions
2026
$2.3M
2019
$450,000
2005
Price N/A
1997
$85,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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