153 2nd N Ave, Saint Petersburg, FL 33701-3315
- Community centers
- 89,913 SF
- 2.21 lot acres
Current Use by 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
Property Details for 153 2nd N Ave
- Year built
- 2000
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.21 lot acres
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 19-31-17-60450-001-0010
- APU
- 193117604500010010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 23, 2022 | $21,131,200 | Pv Pelican Walk LLC | Loan Ranger Acquisitions LLC | Special Warranty Deed | $23M · Vast Bank NA |
| May 28, 2013 | — | Loan Ranger Acquisitions LLC | — | Deed Of Trust · related | $13M · Usameribank |
| Sep 20, 2011 | $5,200,000 | Loan Ranger Acquisitions LLC | 153 2nd Avenue North Holdings | Grant Deed | — |
| Feb 27, 2009 | — | Jp Morgan Chase Commerical Mtg | Stp Redevelopment Ltd Coc | Trustees Deed · related | — |
| Sep 3, 1999 | $1,750,000 | Muvico Entertainment LLC | St Petersburg City (fl) | Grant Deed | — |
| — | — | Loan Ranger Acquisitions LLC | — | Deed Of Trust · related | $6M · Marketing Solutions Publicatio |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $27,290,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $16,655,000
- 6.5%
- $15,375,000
- 7%
- $14,275,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $29,987,000
- AI Estimate
- $29,987,000
Market price range: $14.7M - $46.1MMarket price range: $14.7M - $46.1M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $28,590,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $34,225,000 Change: +20% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $31,380,000 Change: +10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Saint Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6348
- Latitude
- 27.7739
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
