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Property profile & analytics
OFF-MARKET Estimated value $3,650,000
Investment properties

5141 Seminole Blvd Saint Petersburg, FL 33708-3365

2,386 SF 0.55 ac lot Built 1969
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-3354669
Property summary
AI-generated overview

This exceptional storefront retail opportunity, located at 5141 Seminole Blvd in Redington Shores, Florida (zip code 33708), presents a fantastic chance to own a thriving business. The 400 square foot space is currently operating at 100% occupancy as an art gallery, offering a turnkey operation with the potential for immediate income generation. The asking price is $29,000, representing a 5.00% cap rate. The property is a single-tenancy storefront with a modified lease in place, offering a remaining term of one year. This provides a unique opportunity for a buyer to establish themselves in a prime location, benefitting from the existing clientele and the established business model. The seller is offering training, providing invaluable support for a smooth transition and continued success. The property's location near the beaches of Redington Shores ensures high foot traffic and visibility, making it an ideal location for a variety of retail ventures. This is a rare chance to acquire a profitable, established business with significant upside potential in a highly desirable coastal location. The property's latitude and longitude coordinates are 27.8191433, -82.7866645.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1969
Construction CONCRETE BLOCKS
Total area 2,386 SF
Lot 0.55 ac (23,988 SF)
APN 03-31-15-00000-120-1300
UPID US18-3354669
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
  • Fades Off The Beach Barber Shop
  • Madeira Beach Art Gallery (Bike/Boat/Book/etc) Store Home Decor Store
  • Gulf Beaches Therapy Clinic Alternative Medicine Practice
  • Mr. Joe's Seminole Pub Bar & Pub
  • Emagine Designs Marketing & Advertising (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.65M
Blend (final) Blend
$3.65M
Owner & transaction history
Ajfl Properties LLC · 8 yrs held
Ajfl Properties LLC
since 2018
1 recorded transaction
2018
$650,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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