Active

$1,350,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 3958 sq ft
Overview
  • ID: MFRTB8495430
  • Bedrooms:
  • Bathrooms: 0
  • Size: 3958 sq ft
Property Details
Remarks
*Do Not Disturb Tenants* Positioned in the heart of Corey Avenue, this boutique retail property offers a rare opportunity to acquire a stabilized, walkable street-retail asset in one of St. Pete Beach’s most recognizable commercial districts. Corey Avenue serves as a central gathering point for both residents and visitors, with a strong mix of restaurants, shops, and neighborhood-serving businesses. The property benefits from consistent pedestrian activity driven by its walkable layout, proximity to the beach, and recurring community events. The Corey Avenue Sunday Market is a key driver of weekly foot traffic, bringing a steady flow of visitors directly into the corridor and supporting surrounding retail performance. The nearby Beach Theatre further enhances the area’s identity as a destination-oriented district. The building is leased to Vaughn Law and Elizabeth’s Boutique, providing a complementary tenant mix that adds stability to the income stream. Vaughn Law benefits from prominent signage and visibility along the corridor, while the plaza on Elizabeth’s Boutique lends to the experiential character of Corey Avenue. The site includes rear parking, offering practical functionality for tenants and visitors. The layout allows for efficient use of the space and supports tenant operations in a market where parking is limited and highly valued. Tenants are well-established and comfortable in the space, contributing to the overall stability of the property. Over time, the asset presents the opportunity for rental growth as the corridor continues to strengthen and surrounding investment increases. Corey Avenue is located within the City’s Town Center zoning district, which is intended to support walkable retail, dining, and mixed-use development. Ongoing planning efforts and nearby redevelopment activity, including proposed projects within the Corey Avenue district, continue to reinforce the long-term viability and growth of the area. This offering presents a balanced investment profile with stable income today and the potential for future appreciation in a highly constrained beach retail market. All information regarding zoning, land use, density, height, and development potential is believed to be accurate but has not been independently verified. Any future development or change of use is subject to applicable approvals. Buyer to verify all information. This property is one of several St. Pete Beach assets available for sale. Ownership will consider a combined acquisition, creating a larger coastal position with pricing consideration for a portfolio purchase. Call Jake Wollman for details on the portfolio offering and to schedule a private showing.
Financial Considerations
Price:
$1,350,000
HOA Fee:
N/A
Tax Amount:
$12411.99
Price per SqFt:
$341.08
Tax Legal Description:
ST PETERSBURG BEACH REPLAT BLK 54, LOTS 3 & 4 LESS NE'LY 5FT THEREOF & SE'LY 7.5FT OF LOT 3 FOR ALLEY
Exterior Features
Lot Size:
9500
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
1940
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    350 COREY AVE
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