3501 1st Avenue S, St Petersburg, FL 33711
- $890,000
- 2,628
- SqFt
- Sold Price
- $890,000
- List Price
- $999,000
- Status
- Sold
- Days on Market
- 380
- Closing Date
- Jun 11, 2026
- MLS#
- TB8362460
- Property Style
- Business
- Year Built
- 1978
- Living Area
- 2,628
- Lot Size
- 20,826
- Acres
- 0.48
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- West Central Ave Sub
- MLS Area Major
- St Pete/Gulfport
Property Description
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.
Additional Information
- Taxes Annual
- $8822
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Utilities
- BB/HS Internet Capable, Public, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Parking Spaces - 13 to 18
- Flood Zone Code
- X
- Parcel ID
- 22-31-16-96219-002-0010
- Legal Description
- WEST CENTRAL AVE SUB BLK B PART REP BLK B, LOT 1
Listing courtesy of PREMIER SOTHEBY'S INTL REALTY. 727-595-1604
Selling Office: COMPASS FLORIDA LLC.Mortgage Calculator
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