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About This Home
This 0-bedroom, 0-bathroom commercial at 2200 49TH STREET N in ST PETERSBURG, FL is listed for $1,550,000 ($1,053 per sqft). Built in 1954, the home offers 1,472 sqft of living space on a 0.20 acres lot.
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 $114,000, representing an attractive ~7% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.
Key Features
- Built in 1954
- 0.20 acre lot
Property Details
Monthly Cost Estimate
$8,290/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2200 49TH STREET N
ST PETERSBURG, FL 33710
LAKE SHEFFIELD 2ND SEC
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2200 49TH STREET N is listed at $1,550,000 ($1,053/sqft). The estimated monthly payment is $6,717 based on 20% down at 6.5% interest.
Key features include: Built in 1954, 0.20 acre lot. Exterior Features: Paved.
This property is listed by Jenny Schmidt and can be reached at 7272007352 or jschmidt@smithandassociates.com.
