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Property profile & analytics
OFF-MARKET Estimated value $24,150,000
Community centers

153 2nd N Ave Saint Petersburg, FL 33701-3315

89,913 SF 2.21 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US19-0586658
Property summary
AI-generated overview

This exceptional 4,724 square foot retail condo is ideally situated on the first floor of the Signature Place Tower in the vibrant heart of St. Petersburg's financial district. Priced at $2,650,000, this former bank space offers unparalleled visibility and accessibility. Located at the highly visible signalized corner of 2nd Ave S & University Way, the property benefits from excellent exposure to significant vehicular traffic along both roadways. Its prime location provides easy access to Interstate 275, connecting to Interstates 175 and 375, ensuring convenient transportation for both employees and customers. The surrounding area boasts a wealth of amenities, including a variety of restaurants, nightlife options, and popular attractions, enhancing the property's appeal and potential. Ample street parking is readily available, complemented by a convenient parking garage directly across the street. This first-floor condo presents a unique opportunity to acquire a well-positioned commercial space in a thriving Florida market. The property's size, location, and accessibility make it an attractive investment for a wide range of businesses seeking a high-profile presence in St. Petersburg's dynamic financial center. The Pinellas County address, 153 2nd Ave S, St. Petersburg, FL 33701, further underscores its strategic location within this bustling area.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2000
Construction CONCRETE BLOCKS
Total area 89,913 SF
Lot 2.21 ac (96,137 SF)
APN 19-31-17-60450-001-0010
UPID US19-0586658
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
  • Fifth Third Bank ATM Bank Loan Service
  • Fifth Third Private Bank - Thomas Schuller Financial Advisor
  • Timeless Treasures and Collectibles Department Store
  • The Sundial Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$15.38M
Comparable Approach Comparable
$29.99M
Blend (final) Blend
$24.15M
Owner & transaction history
Pv Pelican Walk LLC · 4 yrs held
Pv Pelican Walk LLC
since 2022
Last sale
$21.1M
6 recorded transactions
2022
$21.1M
2013
Price N/A
2011
$5.2M
2009
Price N/A
1999
$1.8M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $34.2M +19.7%
Auto repair, garage $31.4M +9.8%
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