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 $116,000, representing an attractive 10% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.
1,472 Sq Ft
0.2 Private Acres Lot Size
commercial
US$533 Monthly Tax
Built in 1954
MLS/Listing ID TB8490433
1 Stories
1 Units
Cooling - Multi-split AC
Construction - Block
Construction - Concrete
Dryer
Refrigerator
Washer
Accessible Approach with Ramp
Accessible Entrance
Visitor Bathroom
Accessible Common Area
Cooling - Central Air
Accessible Hallway(s)
Porcelain Tile
Lot - Fire Hydrant
Lot - Sidewalk
Lot - Street Lights
Parking - EV Charging Station
Parking - Ground Level
Shingle
Window Treatments
Public Sewer
Slab
Heating - Electric
Water Heater
HVAC
Appliances
Lot - Near Public Transit
Lot - Landscaped
Parking - Lighted
Tinted Windows
Storm Windows
Shutters
Insulated Windows
ENERGY STAR-qualified Windows
Double Pane Windows
TOTAL MONTHLY COST
US$0
US$0
US$0