$1,295,000
( $419.09Per Sq Foot )
 $6,952 est/mo Sourced by Back At You

3501 1st Ave S , ST PETERSBURG, FL 33711

ST PETERSBURG, FL 33711

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Description

Low-risk investment should be in your portfolio with a 3% annual increase. Rare building opportunity in the heart of St. Petersburg. This Triple Net (NNN) leased building is one of the most reliable forms of potential income-producing real estate ownership, ideal for 1031 Exchange or hands-off investors. The 2,628 square-foot standalone building has a stable, thriving veterinary hospital, tenant responsible for paying rent, half annual taxes, insurance, all operating expenses including utilities and lawn maintenance associated with the property. The property is on the corner of 1st Avenue S and 35th Street one block from U. S. 19, 34th Street, offering visibility and traffic volume with several nearby businesses driving consistent foot traffic. Convenient access and parking with 11 spaces, including two handicapped spots, for patrons and separate additional parking for the doctor and staff. Offers three driveways for easy in/out access and front door circular drop off/pickup area. Upgrades include a new roof and repair and painted soffit/fascia 2024, and $12,000 elective tree removal/pruning shows proactive property upkeep. Lease term remaining, five years. Renewal option, five years. Rental increases 3% annually, increasing returns make this a potential cash-flow-positive property.

Details

MLS#TB8373879
Listing TypeFor Sale
StyleOther Business Opportunity
Building NameOLIVIA REALTY HOLDINGS LLC
Sub-TypeFor-sale
StatusActive
Year1978
Days On Site12
Listing Provided ByPREMIER SOTHEBY'S INTL REALTY | Karen Apa

Features

SQ Feet2,628
Story(s)1
Acreage0.48

Market Activity 33711

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of April 24, 2025 at 6:34:14 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33711
Area33711 St Pete | Gulfport
Community NameWEST CENTRAL AVE SUB
Listing VS Median (In WEST CENTRAL AVE SUB)
Price:
$1,295,000
low | high
Med:
$1,295,000
50% of Average
SqFt:
2,628
low | high
Med:
2,628
50% of Average
$ / SqFt:
$493
low | high
Med:
$493
50% of Average
On site:
12
low | high
Med:
24.500000
48.979591836735% of Average
Sourced by Back At You
Listing Updated: April 15, 2025 at 3:02:56 PM PDT