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.


Property

Website:https://www.nestseekers.com/5518242
Address:
ST PETERSBURG, FL 33710
Ownership: Fee Simple
Type: Unknown
Lot Size: 0.2 Acres

Financials

Price:$1,150,000
Annual Taxes:$6,398.15

Description

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 10% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.

Amenities

  • Accessible Approach with Ramp
  • Accessible Common Area
  • Accessible Entrance
  • Accessible Hallway(s)
  • Bathrooms
  • Bb Hs Internet Capable
  • Closed Circuit Camera(S)
  • Common Lighting
  • Double Pane Windows
  • Dryer
  • ENERGY STAR Qualified Windows
  • Fencing
  • Fire Alarm
  • Fire Hydrant
  • Furnished
  • Insulated Windows
  • Kitchen Facility
  • Landscaped
  • Near Public Transit
  • On Site Shower
  • Outside Storage
  • Paved
  • Public
  • Ramp
  • Refrigerator
  • Seating
  • Security System
  • Security System Owned
  • Shutters
  • Sidewalk
  • Smoke Detectors
  • Storm Window(s)
  • Street Lights
  • Tinted Windows
  • Trash Removal
  • Visitor Bathroom
  • Waiting Room
  • Washer
  • Water Connected
  • Window Treatments

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of SMITH & ASSOCIATES REAL ESTATE

ST PETERSBURG FL 33710 USA