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2200 49th St N 1,472 SF 100% Leased Office Building Saint Petersburg, FL 33710 $1,777,362 CAD ($1,207.45 CAD/SF) 9% Cap Rate
Investment Highlights
- Positioned in a high-growth Tampa Bay corridor projecting significant property value appreciation
- Located at a signalized intersection with strong traffic counts and high visibility
- Ten on-site parking spaces, including ADA-compliant stalls, enhance accessibility
Executive Summary
**CALL FOR OFFERS** Seller motivated
PLEASE NOTE...DO NOT CONTACT TENANTS or go on property without an appointment. ALL BUYER's must show financial capability before leases, P&L, financials are shared.
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 ~8% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.
PLEASE NOTE...DO NOT CONTACT TENANTS or go on property without an appointment. ALL BUYER's must show financial capability before leases, P&L, financials are shared.
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 ~8% cap rate. The building is currently occupied by 10 individual tenants, operating on a mix of short-term and month-to-month leases.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
1,472 SF
Building Class
B
Year Built/Renovated
1954/2023
Price
$1,777,362 CAD
Price Per SF
$1,207.45 CAD
Cap Rate
9%
NOI
$159,963 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,472 SF
Building FAR
0.17
Lot Size
0.20 AC
Zoning
CRS-1 - Corridor Residential Suburban
Parking
10 Spaces (6.79 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Accent Lighting
- Natural Light
- Air Conditioning
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 09-31-16-48456-006-0110 | Improvements Assessment | $226,068 CAD |
| Land Assessment | $219,988 CAD | Total Assessment | $446,056 CAD |
Property Taxes
Parcel Number
09-31-16-48456-006-0110
Land Assessment
$219,988 CAD
Improvements Assessment
$226,068 CAD
Total Assessment
$446,056 CAD
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2200 49th St N
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