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Rare opportunity for an investment in the busy and sought-after area of Gulfport (actually located in St. Petersburg) Florida. 4 stores fully occupied and 1 store leased and under renovation. Investment presented at a solid 7.5% Cap Rate (see below). Tenants pay CAM and share the cost of some utilities based on square footage. Outdoors is of absolute minimal maintenance. There is no deferred maintenance or CAPEX need outside of this building, with a new roof and resurfaced parking lot. Tenants pay for maintenance and improvements of the inside of all units. Half of the tenancy is with very long-time tenants owning well-established and reputable businesses. **IMPORTANT NOTE: PLEASE DO NOT VISIT, DISTURB, OR ASK BUSINESSES OR TENANTS- CONTACT BROKER ONLY**
| DAYS ON MARKET | 8 | LAST UPDATED | 4/30/2025 |
|---|---|---|---|
| TRACT | SZYMANSKIS REP ANNEX | YEAR BUILT | 1959 |
| COMMUNITY | 33711 - St Pete/Gulfport | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 33711 - St Pete/Gulfport |
| CONSTRUCTION | Block |
| LOT | 0.33 acre(s) |
| LOT DIMENSIONS | 120x120 |
| STORIES | 1 |
| SUBDIVISION | SZYMANSKIS REP ANNEX |
| TAXES | 12489.99 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Don Wallace, KLEIN & HEUCHAN, INC, 727-441-1951
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/2/25 7:26 PM PDT.
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