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Property summary
This exceptional 83,364-square-foot Class B medical office building, constructed in 2007 and renovated in 2018, presents a lucrative investment opportunity in the thriving St. Petersburg, Florida market. Located at 625 6th St. S. Suite 455, 33701, this property boasts a prime location with convenient access to major transportation routes and is situated near dining and retail options. The building features a modern, elegant design with high-quality interior finishes. The suite itself includes three exam rooms, a large physical therapy room, two offices, a small conference room, work areas, and a private restroom. Its strategic placement directly off the elevators ensures easy accessibility. Ample parking is provided via a connected eight-story parking structure offering a 5.2:1000 parking ratio, with free parking for tenants and employees, and complimentary valet parking for patients and visitors. Further enhancing its appeal, the building is connected to both Orlando Bayfront Medical Center and John Hopkins All Children's Pediatric Hospital via climate-controlled skywalks. The property is held under a ground lease extending until 2082, with multiple 25-year renewal options. The current HOA fee is $1504. This well-maintained and professionally managed building offers energy-efficient features for cost savings and 24/7 security and access control. The flexible floor plan allows for various office configurations, making it an ideal investment for a wide range of medical practices. The asking price is $1,050,000.
Property profile
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Current use
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Physician
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Physician
Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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