Active

$1,550,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 1472 sq ft
Overview
  • ID: MFRTB8490433
  • Bedrooms:
  • Bathrooms: 0
  • Size: 1472 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$1,550,000
HOA Fee:
N/A
Tax Amount:
$6398.15
Price per SqFt:
$973.62
Tax Legal Description:
LAKE SHEFFIELD 2ND SEC BLK 6, LOT 11
Exterior Features
Lot Size:
8512
Lot Features:
Fire Hydrant, Landscaped, Near Public Transit, Sidewalk, Street Lights, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Electric Vehicle Charging Station(s), Ground Level, Lighted
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
Dryer, Refrigerator, Washer
Furnished:
No
Floor:
Tile
Levels:
N/A
Additional Features
Property Sub Type:
Business
Style:
N/A
Year Built:
1954
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Southeast
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    2200 49TH ST N
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