4900 Central Ave Saint Petersburg, FL 33707-1941
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.
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Berkowitz & Myer Law Firm Financial Advisor
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Mrs. Debra Figueroa Pediatrician Physician
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Dara Cooley Law Law Firm
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.