1940 7Th Ave South St Petersburg, FL 33712
For Sale
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This exceptional commercial property, known as Melrose Rendezvous, presents a rare off-market opportunity in Pinellas County. The 14,648 square foot building, constructed in 1964, offers a blend of retail, office, and industrial space, currently entirely vacant and available for lease. The flexible layout allows for multiple tenants or a single large occupant, with minimum divisible space of 4,774 square feet and a maximum contiguous space of 9,874 square feet. The property sits on a 0.63-acre lot and boasts a contemporary design with abundant natural light, creating a modern and versatile environment suitable for a variety of businesses. Amenities cater to both employees and clients, while ample parking ensures convenience for all. Its strategic location within a prime business area provides high visibility and accessibility, making it an ideal location for businesses seeking a prominent presence. The space offers potential for customization to meet specific business requirements. This is a truly exceptional opportunity to secure a well-located, versatile commercial space before it hits the open market.
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Precision Build & Design Construction Company General Contractor
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Precision Solar Design Solar Energy Company
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Precision Builds Futures Charitable Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.