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985 Pasadena Ave S 5,564 SF Retail Building South Pasadena, FL 33707 For Sale
Investment Highlights
- 5,564 s.f. two-story building on 1.29 a.c. with 37 parking spaces, 5 drive-thru lanes and elevator access
- Zoned CG (Commercial General), allowing for versatile retail, medical and office uses
- Approximately 1.24 mi. from St. Pete Beach; Pasadena Ave links to this barrier island through Corey Causeway
- Next to Publix and Taco Bell in a densely-populated residential area with an average home value of $552,749
- Direct frontage on Pasadena Ave (28,500+ VPD), South Pasadena's main north-south thoroughfare to the Gulf Coast islands
Executive Summary
An exceptional opportunity to join South Pasadena's commercial landscape along its primary thoroughfare connecting the mainland to the Gulf Coast islands. Located at 985 Pasadena Ave S, the former bank branch is primed for reuse, repositioning or redevelopment.
The 1.29-acre site is comprised of a two-story, 5,564-square-foot building with elevator access, 37 parking spaces and 5 covered drive-thru lanes. Its CG (Commercial General) zoning unlocks versatile retail, medical and office potential.
Positioned next to Publix and Taco Bell on SR-693/Pasadena Ave (28,500+ VPD), the property capitalizes on a market with $552,749 average home values and $82,457 median household income, just 1.24 miles from St. Pete Beach.
For additional information, please reach out to me. Bids are due no later than Wednesday, October 7, 2026.
The 1.29-acre site is comprised of a two-story, 5,564-square-foot building with elevator access, 37 parking spaces and 5 covered drive-thru lanes. Its CG (Commercial General) zoning unlocks versatile retail, medical and office potential.
Positioned next to Publix and Taco Bell on SR-693/Pasadena Ave (28,500+ VPD), the property capitalizes on a market with $552,749 average home values and $82,457 median household income, just 1.24 miles from St. Pete Beach.
For additional information, please reach out to me. Bids are due no later than Wednesday, October 7, 2026.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,564 SF
Building Class
B
Year Built
1972
Tenancy
Single
Building Height
2 Stories
Building FAR
0.10
Lot Size
1.29 AC
Zoning
CG - Zoned CG (Commercial General District), allowing for versatility across retail, medical and office uses
Parking
37 Spaces (6.65 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $915,031 CAD | |
| Land Assessment | $1,048,929 CAD | Total Assessment | $1,963,960 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,048,929 CAD
Improvements Assessment
$915,031 CAD
Total Assessment
$1,963,960 CAD
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985 Pasadena Ave S
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