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Tierra Verde Mixed-Use Investment Opportunity 1130 S Pinellas Bayway 6,900 SF 100% Leased Retail Building Tierra Verde, FL 33715 $1,550,000 ($224.64/SF)
Investment Highlights
- Coastal Destination District, Gateway to Fort DeSoto
- Four Residential Units: 2BR/1BA
- Total Building Size: 8,600 SF - Lot Size: 0.23 Acres (10,289 SF)
- Two Ground Floor, Street-facing Commercial Suites
- Dedicated Parking Spaces
- Zoning: C2 – Commercial
Executive Summary
Positioned at the gateway of one of Florida's most exclusive coastal communities, 1130 Pinellas Bayway S presents a rare mixed-use investment opportunity on Tierra Verde's singular commercial corridor. This property sits directly on SR 679 — the only road connecting Tierra Verde and the world-renowned Fort De Soto Park to the broader Tampa Bay metro — creating an unmatched captive traffic advantage shared by no other commercial address in the submarket.
The ground floor delivers two street facing commercial suites, each measuring 1,713 square feet, with configurations ready for your buildout for a restaurant, cafe, boutique retail, marine services, or professional office. The second floor has 4 residential units. Each unit is 868 sf, featuring 2 bedrooms and 1 bathroom with balconies. It may be possible to lease the residential units with minor upgrades. It is recommended that the buyer check with the local municipality regarding future use of the residential and commercial units.
The ground floor delivers two street facing commercial suites, each measuring 1,713 square feet, with configurations ready for your buildout for a restaurant, cafe, boutique retail, marine services, or professional office. The second floor has 4 residential units. Each unit is 868 sf, featuring 2 bedrooms and 1 bathroom with balconies. It may be possible to lease the residential units with minor upgrades. It is recommended that the buyer check with the local municipality regarding future use of the residential and commercial units.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,900 SF
Building Class
C
Year Built
1968
Price
$1,550,000
Price Per SF
$224.64
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.37
Lot Size
0.43 AC
Zoning
C-2 - Commercial General
Frontage
79’ on S Pinellas Bayway
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 20-32-16-90864-000-0064 | Improvements Assessment | $681,758 |
| Land Assessment | $278,242 | Total Assessment | $960,000 |
Property Taxes
Parcel Number
20-32-16-90864-000-0064
Land Assessment
$278,242
Improvements Assessment
$681,758
Total Assessment
$960,000
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Tierra Verde Mixed-Use Investment Opportunity | 1130 S Pinellas Bayway
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