Rare opportunity to acquire a fully leased boutique medical and aesthetic suite property with real estate in one of the most desirable corridors in St. Petersburg. This turnkey investment offers stable in-place income with significant upside potential, ideal for both investors and owner-users. The property generates approximately $150,000 in annual gross income with a projected NOI of $114,000, representing an attractive ~7% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.
Listed By
Agency Name: SMITH & ASSOCIATES REAL ESTATE
Agency Contact: 727-342-3800
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-632-9452
2200 49th Street N | MLS# TB8490433
This commercial property located at 2200 49th Street N, Saint Petersburg, FL 33710 is currently listed for sale with an asking price of $1,550,000. Search Saint Petersburg real estate on www.floridaexecutiverealty.com today.