Property profile

1833 1st S Ave Saint Petersburg, FL 33712

OFF-MARKET
Bars & Pubs
Property ID
US18-1903092
6,580 SF 0.09 ac lot Built 1958
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 6,636 square foot, two-story building sits on a 16,000 square foot lot in St. Petersburg's Grand Central District, at 1833 1st Ave S, zip code 33713, Pinellas County, Florida. Built in 1958, the property features a striking contemporary double-door entry and facade. The interior boasts a spacious layout, including a grand reception lobby with a two-story ceiling and chandelier fixtures, a full-service bar, a large dance floor, a stage, two ADA-compliant restrooms, and VIP alcoves. The unique open ceiling design connects the first and second floors, creating a dynamic atmosphere. The second floor offers additional bar areas, restrooms, and VIP sections. The property offers multiple tenancy options, with a minimum divisible space of 2,980 square feet and a maximum contiguous space of 3,656 square feet. The building also includes an elevator and what appears to be functional mechanical, electrical, and plumbing systems. Abundant parking is available with a 1/16 parking ratio. This versatile space is ideal for a variety of uses, including nightclubs, restaurants, retail businesses, or office spaces. Its prime location benefits from high foot traffic and proximity to the Tropicana Stadium and other local attractions, offering excellent visibility and potential for success. The property's APN is 24-31-16-29718-016-0080.

Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1958
Construction CONCRETE BLOCKS
Total area 6,580 SF
Lot 0.09 ac (3,999 SF)
APN 24-31-16-29718-016-0080
UPID US18-1903092

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Parking Lot & Garage
  • Parking Lot & Garage

Location

1833 1st S Ave Saint Petersburg, FL 33712-1310
Saint Petersburg metro Census 21800 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.32M

Owner & transaction history

since 2021
Last sale
$2.7M
6 recorded transactions
2021
$2.7M
2019
$900,000
2017
$255,555
2009
$115,000
2008
$2.0M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.3M +17.5%
Auto repair, garage $2.3M +15.8%
Neighborhood: shopping center $2.1M +5.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1833 1st S Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message