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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 ~8% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.
| DAYS ON MARKET | 32 | LAST UPDATED | 4/14/2026 |
|---|---|---|---|
| TRACT | LAKE SHEFFIELD 2ND SEC | YEAR BUILT | 1954 |
| COMMUNITY | 33710 - St Pete/Crossroads | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 14, '26 | $1,550,000 |
|---|---|
| Apr 14, '26 - Today | $1,450,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Refrigerator, Washer |
| AREA | 33710 - St Pete/Crossroads |
| CONSTRUCTION | Block, Concrete |
| EXTERIOR | Storage |
| HEAT | Central, Electric |
| INTERIOR | Bathrooms, Common Lighting, Fencing, Furnished, Kitchen Facility, On Site Shower, Outside Storage, Ramp, Seating, Trash Removal, Waiting Room |
| LOT | 8712 sq ft |
| LOT DESCRIPTION | Landscaped, Near Public Transit, Paved |
| LOT DIMENSIONS | 79x108 |
| PARKING | Electric Vehicle Charging Station(s), Lighted |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | LAKE SHEFFIELD 2ND SEC |
| TAXES | 6398.15 |
| UTILITIES | Water Connected |
| WATER | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jenny Schmidt, SMITH & ASSOCIATES REAL ESTATE, 727-342-3800
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 4/24/26 7:15 AM PDT.
This IDX solution is (c) Diverse Solutions 2026.