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Harry W Price III

harry.price@engelvoelkers.com +1(386) 302-9708

$ 999,000

Est. payment -/mo

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Pending

3501 1ST AVE S St Petersburg, FL 33711

2,628 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 2,628 sqft

Price per Sqft $380

Subdivision West Central Ave Sub

MLS Listing ID TB8362460

HOA Y/N No

Year Built 1978

Annual Tax Amount $8,822

Lot Size 0.480 Acres

Acres 0.48

Lot Dimensions 140x150

Property Sub-Type Business

Source Stellar MLS

Property Description

Under contract-accepting backup offers. Low-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, Half of the property taxes, insurance, utilities, operating expenses, and lawn maintenance—perfect for investors or 1031 exchange buyers. Key Investment Highlights • 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 Florida's most vibrant commercial markets.

Location

State FL

County Pinellas

Community West Central Ave Sub

Area 33711 - St Pete/Gulfport

Direction S

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Parking Features Parking Spaces - 13 to 18

Utilities Available BB/HS Internet Capable, Public, Water Connected

Roof Type Shingle

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Others

Ownership Other

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8362460

Listed by Karen Apa PREMIER SOTHEBY'S INTL REALTY

NEARBY SCHOOLS & PROPERTIES

Harry W Price III

Broker Associate | License ID: BK3448457

+1(386) 302-9708

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