1501 5th Ave., St Petersburg, FL 33705 - U8107494 - iPro Real Estate
iPro Real Estate

iPro Real Estate

For Sale

$4,255,000 $1,140.75 per sqft

Free Professional CMA

Listing ID : U8107494

  • Structure / Lot Size

    3,730 Sqft / 0.54 Acre
  • Year

    1959

Description

Zoning is IN PLACE. Property is located within an OVER LAY DISTRICT and has an FAR of 2.5 allowing up to 58,800 Sq. Ft. MOL of improvements. Property also qualifies for TDR's (Transfer of Density Rights). The total TDR's would be approximately 54,800 Sq. Ft. (total Density rights - size of existing building). Thus 58,800 - 4,000 (existing building is approximately 3,730 Sq. Ft.) = 54,800 Sq. ft. of TDR's Current structure is a One level Medical Office one block from St. Anthony's Hospital. St. Anthony's is currently undergoing a $150,000,000+ million expansion. Building is a "Mid Century" Architectural Design. Building has abundant parking. There are approximately 51 Spaces, which equates to over 13 spaces per 1,000 Sq. Ft. That is one of the best parking ratios in all of St. Petersburg. Grass covered Vacant lot to west of parking lot, goes with the property. The vacant lot is covered in grass for over flow parking but could be paved. If a you prefer to Lease, Owner is capable and willing to renovate building to suit your needs. Owner feels building could be renovated to be a stunning Mid Century building. Owner has been responsible for the total renovation of many St. Petersburg properties. These prior renovations have been of the highest quality. Buyer / Tenant can see, and judge for themselves the quality of prior projects. There are many flexible ways in which to structure a deal. Seller can provide Seller Financing. To be clear, Buyer can purchase the property "AS IS".

Details

Type: Commercial Sale 
Subdivision: Bon Air 
MLS Area: 33705 - St Pete 
County: Pinellas 
Tax ID: 13-31-16-10062-000-1150
Annual Taxes: $7,052
Business Type: Commercial, Medical, Professional Service, Professional/Office 
Building Size: 3,900 SqFt 
Com Transaction Type: Commercial Sale 
Days on Market: 783 
Cooling: Central Air 
Foundation: Slab 
Heating: Central Building 
Number of Buildings: 1 
Property Type: Commercial Sale Sale 
Roof: Built-Up 
Sub Type: Office 
Utilities: Electricity Available, Public, Water Connected 
Zoning: GO 

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Interactive

27.777737 -82.653976 $4,255,000 U8107494
1501 5th Ave., St Petersburg, FL 33705
Directions to here from:

Area Information 33705

Population:

29,292 Up .06% since 2010
Average Income:
$67,175
Average Age:
43Years
Gender:
47.6%Male
52.4%Female
Households:
12,07824.84% with children
Average Value:
$473,565
Occupancy:
49.52%Owned
50.48%Rented
18.31%Vacant
Education:
28.6%High School
8.02%Associate
18.4%Bachelor
9.8%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
50.18Inches
Earthquake Risk:
Very Low
Hurricane Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very High

History

Date Transaction Price Mortgage Amt & Lender
Date
Oct 20, 2022
Transaction
Active - Commercial SaleU8107494
Price
$4,255,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Felix Fudge with BSRA LLC