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Property profile & analytics
OFF-MARKET Estimated value $615,000
Office buildings

4900 Central Ave Saint Petersburg, FL 33707-1941

2,837 SF 0.13 ac lot Built 1925
Entity Owned Free & Clear
Property ID
US18-9522239
Property summary
AI-generated overview

This exceptional 3,146 square foot office building, situated on a 5,500 square foot lot in St. Petersburg, Florida, presents a remarkable investment opportunity. Boasting 50 feet of frontage on Central Avenue and 110 feet on 49th Street, this two-story property offers unparalleled visibility and accessibility. The building features 13 convenient parking spaces for clients and staff. Security is ensured with a secured entry system and a spacious reception/waiting area. The layout includes a 25x15 foot executive boardroom/training room, a centrally located breakroom/kitchenette, and multiple restrooms strategically placed throughout. The interior comprises four or five support offices, two large principal offices (each with a private conference room, restrooms, and separate entry), and a substantial finished upstairs storage area. Recent upgrades include a new roof and air conditioning system. The flexible design makes this property suitable for a variety of uses, including medical offices, rehabilitation centers, educational facilities, professional offices, and retail businesses. The building is zoned for general office use and offers 2,837 square feet of net rentable space, priced at $317.55 per square foot, with an asking price of $999,000. Built in 1986 and subsequently renovated, this property represents a compelling blend of established infrastructure and modern functionality in a highly desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1925
Construction CONCRETE BLOCKS
Total area 2,837 SF
Lot 0.13 ac (5,502 SF)
APN 21-31-16-00000-130-0900
UPID US18-9522239
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
  • Berkowitz & Myer Law Firm Financial Advisor
  • Mrs. Debra Figueroa Pediatrician Physician
  • Dara Cooley Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$555k
Blend (final) Blend
$615k
Owner & transaction history
Hs2 LLC
Hs2 LLC
since 2025
Last sale
$675,000
7 recorded transactions
2025
Price N/A
2025
$675,000
2025
Price N/A
2021
Price N/A
2016
$330,000
2007
$285,000
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $990,000 +46.4%
Neighborhood: shopping center $900,000 +33.4%
Warehouse, storage $685,000 +1.2%
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