3501 1st Avenue S, ST PETERSBURG, FL 33711
- MLS#: TB8362460 ( Commercial Sale )
- Street Address: 3501 1st Avenue S
- Viewed: 87
- Price: $999,000
- Price sqft: $323
- Waterfront: No
- Year Built: 1978
- Bldg sqft: 3090
- Days On Market: 376
- Additional Information
- Geolocation: 27.7703 / -82.6811
- County: PINELLAS
- City: ST PETERSBURG
- Zipcode: 33711
- Subdivision: West Central Ave Sub
- Provided by: PREMIER SOTHEBY'S INTL REALTY
- Contact: Karen Apa
- 727-595-1604

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DescriptionLow Risk NNN Investment with Annual Growth | Prime St. Petersburg Commercial Property. Rare opportunity to acquire a Triple Net (NNN) leased commercial building in St. Petersburg, FL, fully leased to a well established veterinary hospital. This 2,628 sq ft standalone property offers stable, hands off income with the tenant responsible for rent, 50% of property taxes, insurance, utilities, operating expenses, and lawn maintenanceperfect for investors or 1031 exchange buyers. Key Investment Highlights 3% Annual Rent Increases for consistent cash flow Lease Term: 5 years remaining with a 5 year renewal option Established Tenant: Thriving veterinary practice in operation | Prime Corner Location: 1st Ave S & 35th St, one block from US 19 / 34th St with high visibility and heavy traffic. | Upgrades & Maintenance: New roof, painted soffit/fascia (2024), $12,000 in tree removal and pruning | Property Features:11 Parking Spaces, including 2 ADA compliant | Dedicated staff/doctor parking | Three driveways for easy access | Circular drop off/pick up area. Located in a high traffic commercial corridor of St. Petersburg, this property benefits from excellent visibility, strong tenant stability, and long term growth potential. A cash flow positive, low risk investment in one of Floridas most vibrant commercial markets.
Property Location and Similar Properties
Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 2628.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Parking Spaces - 13 to 18
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central, Electric
- Road Frontage Type: Alley, City Street
- Sewer: Public Sewer
- Utilities: BB/HS Internet Capable, Public, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Country: US
- Legal Description: WEST CENTRAL AVE SUB BLK B PART REP BLK B, LOT 1
- Levels: One
- Area Major: 33711 - St Pete/Gulfport
- Occupant Type: Tenant
- Parcel Number: 22-31-16-96219-002-0010
- Possession: Close Of Escrow
- Views: 87
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- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
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