Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3600 5th N Ave Saint Petersburg, FL 33713-7504
    Property profile & analytics

    3600 5th N Ave, Saint Petersburg, FL 33713-7504

    View on Map
    • Office buildings
    • 2,280 SF
    • 0.23 lot acres
    Off-Market
    Last Sale May 12, 2025
    $800,000
    Property ID
    US18-3041347
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 3600 5th N Ave

    Year built
    1966
    Construction
    CONCRETE BLOCKS
    Lot size
    0.23 lot acres
    Property type
    Office buildings
    APN
    22-31-16-72756-003-0010
    APU
    223116727560030010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 12, 2025 $800,000 The 3600 5th Ave N Land Trust The Gispert Family Trust Deed $407k · The Bank Of Tampa
    Jul 20, 2023 — Rene A Gispert Rene A Gispert Intrafamily Transfer · related —
    Jun 2, 2022 — Pamela A Gispert — Deed · related $98k · Achieva Cu
    Feb 7, 2003 $130,000 Rene A Gispert Boyes,tr Grant Deed $125k · Boyes Trust
    — — Rene A Gispert — Deed Of Trust · related $124k · Suntrust Bank NA
    — — Rene A Gispert — Deed Of Trust · related $123k · Suntrust Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Saint Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6824
    Latitude
    27.777
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,398
    $0.00
    $0.00
    $305,000
    -
    $168,617
    $136,383
    $305,000

    Comparable in this City

    • Value Estimation
      $1,665,000
      4,403 SF

      495 31st N St

      PROFESSIONAL BUILDING
      495 31st N St, Saint Petersburg, FL 33713-7629
      View Details
    • Value Estimation
      $810,000
      4,185 SF

      3055 5th N Ave

      PROFESSIONAL BUILDING
      3055 5th N Ave, Saint Petersburg, FL 33713-6738
      View Details
    • Value Estimation
      $730,000
      3,721 SF

      4215 Central Ave

      OFFICE BUILDING
      4215 Central Ave, Saint Petersburg, FL 33713-8230
      View Details
    • Value Estimation by Request
      1,712 SF

      2021 1st N Ave

      OFFICE BUILDING
      2021 1st N Ave, Saint Petersburg, FL 33713-8801
      View Details
    • Value Estimation
      $1,720,000
      5,123 SF

      2815 1st N Ave

      PROFESSIONAL BUILDING
      2815 1st N Ave, Saint Petersburg, FL 33713-8641
      View Details
    • Value Estimation
      $1,625,000
      5,168 SF

      4701 Central Ave

      OFFICE BUILDING
      4701 Central Ave, Saint Petersburg, FL 33713-8139
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Two-Story Office Building on Central

      Freestanding two-story office building with elevator and ample parking.
      4701 Central Ave, St Petersburg, FL 33713
      View Details
    • Contact for pricing
      Pending

      Versatile Commercial Building in St. Petersburg

      Adaptable commercial building with large hall, kitchen, and office.
      3500 13Th Ave N, St Petersburg, FL 33713
      View Details
    • Contact for pricing
      825 SF

      St. Pete Freestanding Office

      Freestanding office in St. Pete's Grand Central District.
      2420 1St Ave N, St Petersburg, FL 33713
      View Details
    • Contact for pricing
      1,440 SF

      Saint Petersburg Office Space Available

      Office space for sale in Saint Petersburg, Florida.
      4235 Central Ave, Saint Petersburg, FL 33713
      View Details
    • $1,050,000
      2,972 SF

      Versatile Mixed-Use Property For Sale

      Unique live/work property with business potential in North Kenwood.
      2715 9Th Ave N, St Petersburg, FL 33713
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Historic Kenwood Stand-Alone Office Building

      Charming 2,764 sq. ft. office in Historic Kenwood.
      2901 1St Ave N, St Petersburg, FL 33713
      View Details
    • Contact for pricing
      2,135 SF

      Adaptable Office Space Available

      Flexible office space with ample parking and high visibility.
      2958 1St Ave N, Saint Petersburg, FL 33713
      View Details
    • Contact for pricing

      Flex Office and Clear-Span Warehouse

      Lease finished office space with a fully insulated, air-conditioned warehouse and fenced yard for secure operations.
      1363 22Nd St North, St Petersburg, FL 33713
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3600 5th N Ave
    Saint Petersburg, FL 33713-7504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3600 5th N Ave, Saint Petersburg, FL, 33713
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!