Financial
Distress signals
Property profile

7024 Central Ave St Petersburg, FL 33707

FOR SALE
Office buildings
Property ID
US18-0172286
4,960 SF 0.18 ac lot Built 1922
Last sale Nov 2023 · $1,000,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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7024 Central Ave, St Petersburg, FL 33707 For Sale
Contact for pricing 4,960 SF
7024 Central Ave, St Petersburg, FL 33707
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Property summary

AI-generated overview

7024 Central Avenue is a two-story, 4,960-sqft Class B office building located on St. Petersburg’s West Central Avenue corridor. The interior is arranged for professional office use and includes a welcoming lobby, high ceilings, and lighting that supports an open, work-oriented environment, along with private offices, open workspace areas, a conference room, a kitchen/breakroom, and restroom facilities. The second floor is configured primarily for tenant office suites, while the first floor is

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$16k
Tax billed · 2023
Assessed value$805k
Effective rate1.99%

Value estimate

· Sep 2026
$1.40M
$1.26M – $1.53M
CAP approach$1.27M
Sales comparison$1.12M
NOI build-up
Gross scheduled income$129k
Vacancy & credit loss−$26k
Operating expenses−$26k
NOI · 5.13% cap applied$77k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$238/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$166 – $292
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.13%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.2
Auto Parts Store17.5
Building Supply17.0

Location

7024 Central Ave St Petersburg, FL 33707
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7235 1st S, Saint Petersburg, FL 33707-1101 $700,000 Feb 2026 2,420 SF
6000 Gulfport S, Gulfport, FL 33707-3200 $719,500 Jan 2026 3,571 SF
5308 Gulfport S, Gulfport, FL 33707-4921 $1,500,000 Jun 2025 3,117 SF
6120 Central, Saint Petersburg, FL 33707-1523 $1,100,000 May 2025 7,200 SF
6751 1st S, Saint Petersburg, FL 33707-1307 $785,000 Oct 2024 2,750 SF
6620 1st S, Saint Petersburg, FL 33707-1306 $106,000 Jul 2023 3,376 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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