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Shopping Strip

Saint Petersburg Retail & Multi-Family

1903 12th St N, St. Petersburg, FL 33704

Listing Price: $1,600,000

Cap Rate
1.00%
Gross SF
5,995
Rentable SF
5,995
Price/Gross SF
$266.89
Lot Size
0.26 acres
Year Built
1929

Investment Overview

This unique mixed-use investment opportunity in Saint Petersburg, FL, offers a retail center with short-term leases, a single-family home, and a garage apartment, all located just minutes from the beach and the upcoming Tampa Bay Rays stadium development. The retail center provides immediate rental income
with significant value-add potential through lease renegotiations or space upgrades.

The single-family home and garage apartment offer additional income streams or redevelopment potential, with the possibility for vacation rentals. Located in a rapidly growing market driven by beach tourism and new developments, this property presents a prime opportunity for investors seeking immediate cash flow and long-term appreciation.
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Investment Highlights

  • Affluent Demographics | 65,000+ Residents Within 2 Mile Radius
  • Short-Term Leases | Ability To Maximize Value-Add Potential
  • Just Minutes From The Beach & Newly Approved Tampa Bay Rays Development

Exclusively Listed By

Financing By

Shopping Strip

Saint Petersburg Retail & Multi-Family

Listing Price: $1,600,000

Cap Rate
1.00%
Gross SF
5,995
Rentable SF
5,995
Price/Gross SF
$266.89
Lot Size
0.26 acres
Year Built
1929

Investment Highlights

  • Affluent Demographics | 65,000+ Residents Within 2 Mile Radius
  • Short-Term Leases | Ability To Maximize Value-Add Potential
  • Just Minutes From The Beach & Newly Approved Tampa Bay Rays Development

Investment Overview

This unique mixed-use investment opportunity in Saint Petersburg, FL, offers a retail center with short-term leases, a single-family home, and a garage apartment, all located just minutes from the beach and the upcoming Tampa Bay Rays stadium development. The retail center provides immediate rental income with significant value-add potential through lease renegotiations or space upgrades. The single-family home and garage apartment offer additional income streams or redevelopment potential, with the possibility for vacation rentals. Located in a rapidly growing market driven by beach tourism and new developments, this property presents a prime opportunity for investors seeking immediate cash flow and long-term appreciation. .

Exclusively Listed By

Financing By

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