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5802 54th Ave N
Kenneth City, FL 33709
WINN DIXIE CENTER · Retail Property For Sale

Investment Highlights

  • Value-add investment with strong upside potential.
  • Scalable rents with room for growth.
  • Longtime dedicated tenants ensure stability.

Executive Summary

Positioned in the heart of Kenneth City, this property at 5802 54th Ave N offers a rare value-add opportunity in one of Pinellas County’s most stable submarkets. With a proven history of dedicated tenants and strong occupancy, the asset provides immediate income with significant upside through rent adjustments and operational enhancements. The property benefits from its strategic location just minutes from U.S. Highway 19 and I-275, ensuring seamless connectivity to downtown St. Petersburg, Tampa, and the broader Gulf Coast region.
Surrounded by established neighborhoods and thriving retail corridors, the site enjoys consistent local traffic and strong demographic fundamentals, including above-average household incomes and a growing population base. Its proximity to Tampa Bay and major employment centers makes it an attractive option for investors seeking long-term stability and growth potential. The property’s layout and zoning allow for flexible configurations, supporting a range of commercial uses that can adapt to evolving market demands.
This is an ideal acquisition for investors focused on scalable returns, with the ability to increase rents and enhance value through targeted improvements. Kenneth City’s business-friendly environment and central location within the Tampa-St. Petersburg MSA further amplify the property’s appeal as a cornerstone investment in a high-demand market. Call Broker for price details.

Property Facts

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront
Building Size
51,964 SF
Building Class
C
Year Built/Renovated
1963/2014
Percent Leased
81%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.32
Lot Size
3.75 AC
Zoning
Commercial - Commercial
Parking
232 Spaces (4.66 Spaces per 1,000 SF Leased)
Frontage
305’ on 54th Ave N

Amenities

  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
05-31-16-46044-000-0020
Land Assessment
$1,605,025 CAD
Improvements Assessment
$3,083,463 CAD
Total Assessment
$4,688,488 CAD
  • Listing ID: 36700042

  • Date on Market: 2025-07-11

  • Last Updated:

  • Address: 5802 54th Ave N, Kenneth City, FL 33709

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